BREAKING NEWS

Yahoo CEO to visit Israel

JANUARY 26, 2014 01:04

Marissa Mayer, president and CEO of Yahoo! Inc., plans to visit Israel in July.

Mayer made the announcement after Prime Minister Binyamin Netanyahu asked her at the Davos World Economic Forum in Switzerland last week about increasing Yahoo’s operations in Israel, and asked her what he could do to help with the matter.

The prime minister described to her the advantages of investing in Israeli technologies, and laid out his vision of transforming the country into an international cyber force.

“Powers were once measured by their size, but today they are measured by their number of unique users. I want you to enlarge your presence in Israel and we want to expand our partnership with you,” Netanyahu said.

Yahoo operates a relatively small R&D center in a veteran hi-tech park situated in Haifa.

Speaking at the economic conference, Mayer shared her thoughts for the upcoming year, saying that “2014 is interesting because it will be a tipping point for mobile technology and other things. Everything is about apps and that’s not only how people contact one another but major things are happening.”

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