Yahoo's Mayer Buys Herself More Time

Will cash from asset sales placate restless shareholders?

Have I got a deal for you.

Photographer: David Paul Morris/Bloomberg

Yahoo had a really disappointing first quarter, which is saying a lot because it had already lowered the expectations bar quite a bit. Even the most skeptical previews of the company’s results -- Re/code's being among the most critical -- didn’t anticipate Yahoo's misses. 

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