Yahoo boss hails 'great progress' despite a loss in Q2
Yahoo reported revenue growth of 15%&nbsp;for Q2. &nbsp;Ms Mayer, CEO, has been steering Yahoo away from advertising tailored to desktop computers towards mobile and video adverts to increase sales. &nbsp;The division that includes mobile, video, native and social advertising was up 60% YoY to nearly $400mn. Yahoo has also developed a mobile search engine called Gemini.
Marissa Mayer reported Yahoo's best revenue growth in nearly a decade, but the company is spending a lot of money and actually took a loss, overall.

Yahoo announced second-quarter results today and showed strong search and mobile, video, native and social advertising numbers. (Mayer calls those Mavens.)

"I'm extremely pleased with our achievements in Q2, with revenue growing 15 percent year-over-year, marking our most substantial GAAP revenue growth in almost 9 years," Mayer said in the earnings statement today.