Tom Perkins may be able to buy a six-pack of Rolexes with the millions he made as a pioneering venture capitalist, but if he were an executive in the technology industry today, he could easily afford a boatload of luxury watches.
Yahoo! Inc. Chief Executive Officer Marissa Mayer has failed to spur growth at the Web portal 18 months after taking the job -- and the outlook isn’t improving as advertisers continue spending their money elsewhere.
Yahoo! Inc. Chief Executive Officer Marissa Mayer dismissed Chief Operating Officer Henrique de Castro after 14 months, amid disappointment with his efforts to boost growth, according to people with knowledge of the matter.