Yahoo chief sees rising mobile potential

11/20/2013 | · Bloomberg

Noting that Yahoo's array of popular offerings blend well with mobile, CEO Marissa Mayer says a more intense mobile focus holds the potential to fundamentally reshape the company. And with Yahoo's monthly mobile users now numbering 400 million, "it makes me hugely optimistic," Mayer says. Separately, Yahoo announced it is raising its share-buyback plan by $5 billion.

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