The embattled CEO announced her daughters' arrival on Tumblr.
The board cited 'tax risk' as its reason for the change of course.
There are rumors that the board is considering selling its core Internet business.
Activist investor Starboard wants the company to rethink its plans to sell its stake in Chinese ecommerce giant Alibaba.
A new study revealed the most diverse players in the tech sector as major companies make public efforts to hire more women and minorities.
Top staffers dressed as characters from the classic film, including Mayer as Dorothy, complete with blue-ribboned braids and a cheeky grin.
MySpace could have snagged Facebook. Facebook could have scored Snapchat. Alas, there are many offers that can be refused. Not every match is made in heaven.
The CEO's turnaround plan for Yahoo is looking less promising by the day.
With the new Account Key feature, users of the Yahoo Mail app are no longer required to type in their passwords.
She made the announcement in a blog post, adding that she will be 'taking limited time away and working throughout.'
The company boosted revenue slightly, but lost money due to traffic costs. And it failed to provide any outlook for its massive Alibaba spinoff.
The position was vacated by Joe Sullivan who left Facebook in April to join Uber.
The Yahoo CEO credits the Google co-founder with giving her the best leadership advice.
Mergers and Acquisitions
Yahoo CEO Marissa Mayer discusses content and distribution at Fortune's Most Powerful Women event in New York.