Yahoo! Inc., the largest U.S. Web portal, appointed Yelp Inc. Chairman Max Levchin to its board, as Chief Executive Officer Marissa Mayer works to restore management stability and reverse three years of revenue declines.
Jeremy Stoppelman, who watched his seven-year-old company jump as much as 73 percent on its first day of trading today, got to this point by shunning offers that other startups would have found hard to resist.
Google Inc. , owner of the world’s most popular search engine, acquired social-gaming company Slide Inc., part of an effort to keep pace with Facebook Inc. by offering social networking and entertainment.
Stripe Inc., a San Francisco startup with an online-payment system, attracted funding from Sequoia Capital and other investors valuing the company at $100 million, said two people with knowledge of the transaction.
Amazon.com Inc.’s Zappos online store has created a service that recommends purchases based on what users post on Pinterest, a move to parlay the popularity of the social-sharing site into e-commerce sales.
Discover Financial Services, the second-best performer among 81 U.S. financial firms this year, climbed 3.9 percent to a record high and EBay Inc. shares also advanced after announcing a payment-processing deal.