Yahoo! CEO Marissa Mayer said the move was to attract more users from the key 18- to 24-year-old age bracket, and that it is seen as one of the “coolest” sites with young Internet users.
Yahoo! has been looking at a range of acquisitions since Ms Mayer took over as chief executive last year and vowed to revive the company, which has faded in the face of competition from Google. Read the remainder of this entry »









