SAN FRANCISCO/NEW YORK: Yahoo! Inc picked Google Inc's Marissa Mayer to become its new CEO, turning to an engineer with established Silicon Valley credentials to turn around the struggling former Internet powerhouse.
Mayer, who edged out front-runner and acting chief executive Ross Levinsohn, starts Tuesday as Yahoo!'s third CEO in a year. She hopes to stem losses to Google and Facebook Inc — which her high-profile predecessors failed to do.
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