Yahoo CEO to give birth to twins while tackling turnaround
SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer is going to give birth to twins while trying to deliver a long-promised turnaround at the struggling Internet company.
The price has still more than doubled under Mayer, but that gain has been almost entirely driven by Yahoo's large stake in one of China's hottest Internet companies, Alibaba Group.
After the stake in Alibaba is jettisoned from Yahoo's investment portfolio, analysts believe Mayer will be under greater pressure to boost the company's revenue or face shareholder unrest.
When Mayer took just two weeks off from Yahoo after the birth of her son, her decision was derided by critics who said that it set unfair expectations for other working mothers and sent the wrong message about family priorities.