CEO Marissa Mayer is not happy with ad revenue at Yahoo, as the display advertising business shrank last quarter. But there was also good news: the company is hanging on to a little more of China's Alibaba Group, which has become a cash cow for Yahoo.
The company released its quarterly report today and the core ad business is still struggling after two years under Mayer as CEO. "Our top priority is revenue growth and by that measure, we are not satisfied," Mayer said in today's announcement.
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