Google's Mayer is new Yahoo supremo

Yahoo has hired long-time Google executive Marissa Mayer as its next chief executive in the internet company’s latest attempt to burnish its image and revive its financial growth after years of often-demoralising upheaval.

The surprise move announced yesterday makes Ms Mayer, 37, the fifth Yahoo CEO in the past five years to attempt to turn around an internet giant that has become as well-known for its follies as its online services.