Business

Yahoo! chief taking center stage in 2014

Marissa Mayer is getting her 2014 off to a flying start.

The Yahoo! CEO is headed to Las Vegas to deliver the keynote address at the Consumer Electronics Show on Jan. 7, before whisking herself away to Switzerland on Jan. 22 to attend the World Economic Forum’s event for ultra-power players in Davos.

New mom Mayer isn’t just attending the forum: She’s a co-chair of the entire annual get-together, which is expected to welcome Japan’s prime minister, Shinzo Abe.

This year’s Davos meeting is set to discuss themes of the tech revolution, including Big Brother surveillance issues, the effects of hyper-connectivity on Web-user behaviors and the enduring legacy of everything posted online.

Looks like there will be no vacation for this busy CEO. We hope she’ll be tweeting and filing a diary on Tumblr — the 6-year-old blogging site founded by David Karp that she purchased this year for $1.1 billion.

(On the Money is just wondering if new Yahoo! correspondent Katie Couric will be coming along, too.)

But not all is rosy at the Sunnyvale, Calif., headquarters.

Although the stock is up 101 percent over last year, many analysts attribute the rise to the search-and-portal company’s 24 percent stake in Alibaba.

The Chinese Web company will likely have its initial public offering in early 2014, making Yahoo! shares less of a proxy for the highly anticipated Alibaba public offering.

Meanwhile, Yahoo!’s search business is not faring well, its share dropping to 11.2 percent in November, from 12.1 percent a year earlier, says comScore.