The beleaguered CEO of the struggling Internet pioneer delivers a "bold" strategic plan. She is cutting jobs, selling patents and real estate, and inviting would-be acquirers to speak up.
CEO Marissa Mayer has unveiled a plan to simplify the company. "Yahoo cannot win the hearts and minds of users with a complex portfolio," she says.
16:36 AT&T, Time Warner poised to lobby lawmakers, regulators on proposed $85-billion merger23
12:23 Lockheed Martin's quarterly profit handily beats estimates20
11:41 Caterpillar earnings: 85 cents per share, vs expected EPS of 76 cents19
00:02 AT&T Aims for an Empire in Merger Talks With Time Warner13