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U.S. Morning Call: Yahoo seeks fresh start with new CEO

Monday, July 16, 2012 - 02:52

July 17 - Google's employee number 20, Marissa Mayer, moves into the CEO job at Yahoo.

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You can call two degrees of Marissa Mayer plus -- with earnings. Here's your morning call this Tuesday Google employee number twenty now number one at Yahoo!. Engineer and self described geek Marissa Mayer accepting the CEO job and succeeding interim CEO -- Levinson. The 37 year old becoming Yahoo!'s third chief in a year. Her hiring signaling that company likely to renew its focus on web technology as it tries speaking we gained some of its former luster. Well I think -- is is one of the very charismatic executives in Silicon Valley it's something I think has been missing. From Yahoo! in recent years has this kind of and turn this steep decline and hopefully Marisa. Can bring some of the that the glamour if you go back to the company as well as a lot of technical expertise. In one of Meyer's first challenges of balancing motherhood and the new gig she tweeted about the upcoming birth of her first child a son. Fortune reports that child is due in October shares of Yahoo! up about 2% in the premarket. One of Yahoo!'s partners in hot water with regulators and European Union antitrust regulators opening an investigation into whether Microsoft is complying with the 2009 ruling. Water to offer -- its offer users a choice of web browsers. For its part Microsoft says it has fallen short in its compliance efforts and has taken immediate steps to remedy the problem and deeply regret the error. Meanwhile Marissa Mayer's former employer Google is reportedly trying to work out the use issues with it. The Financial Times reported the search giant has offered new concessions to settle antitrust investigation. Stocks reverted to their recent losing pattern Monday -- looks set to open higher at this point. Dow NASDAQ S&P 500 stock index futures -- pointing to a higher open a lot about a third of 1%. Investors keeping close tabs on Fed Chairman Ben Bernanke testify on the economy before congress. We'll need to add any more monetary stimulus. Executives from HSBC also testifying before congress there appearance comes one day after the -- at least that report detailing quote. Pervasively -- culture at the bank. The report saying it acted as a finance your clients seeking to really shadowy funds from -- of the world's most dangerous and secretive mourners. And one stock to watch so -- today staged street. The financial firms reporting a profit that topped expectations though revenue and earnings slightly decline. That's your morning called this Tuesday you can follow us on Twitter at Reuters Insider and check matter Reuters YouTube channel. At Reuters dot com slash Reuters TV I'm Lisa Bernhard this is Reuters.

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U.S. Morning Call: Yahoo seeks fresh start with new CEO

Monday, July 16, 2012 - 02:52