and orissa. her vision for what she was trying to do with the company.t was aligned with what we were doing with tumblr. where we were going next and what we were going to need. the other thing was, marissa, we found an unstoppable positivity and the optimism which we had come to appreciate. it is not universal across this industry. there are plenty of cynics as well. there are plenty of people with brash personalities and occasionally an intense negativity. emily: did you want to sell or did you feel like you had to sell. david: we were not trying to sell the company. we needed to raise some money to bring us to profitability. the conversation with marissa was one of the most exciting conversations we had been having at the time. it escalated from cutting us a check and finding ways to partner together to let's make this official. we wanted to do all of it. that was something big to chew on. it was an emotional couple of weeks but it was an incredible offer and an incredible opportunity. a year into this thing, something i can say she has lived up to. e

mayor hasc, orissa restated her commission -- marisa miller -- marissa mayer has reinstated her commitmento the company. what is her future? eric: she has had three years to prove she can turn around the business. it is not rocket science. you have the core business that is still substantial, but it is been declining for a number of orders. you have to run the business for cash. ,hat is why the private equity that is what a strategic buyer would do. i doubt you need 10,000 people to run the business, or you need to rationalize this. it is a media business. you have to produce content that your audience wants. yes, you still have plenty of cash that you can do a strategic acquisition, but prove to the shareholders that you know how to run it. emily: you have been out there suggesting possible new ceos for yahoo!. do you think marissa mayer does stay on, or that sometime over the course of the next year, she leaves and is replaced? did --at will be decided by who buys the core asset. verizon expressed interest. they would probably bring in their own turnaround team. maybe at&t. the question

but remember, orissa meyer -- marissa mayer losing to google. the chief marketing officer is going.nd share value is gone down by more than a third this year, got. clearly, this is a company under a lot of strain. guy: caroline, thank you very much indy. interesting on the tax issue, as well. $45 billion, quite amazing. faster thanexpanded forecasted in the third quarter, as exports surged against the greenback. let us get to sydney, and speak to ian macdonald. up .9 in the quarter, which is amazing compared to the last quarter. is there a downside to the story? ian: hi, guy. yes, so it did finish quite strong. but as you notice, a lot of it had to do with exports. if you take away exports from the equation, domestic demand actually shrank by .5%. it is the worst result on that score since the global financial crisis. it is an indication of the impact of the continuing slump in mining investments. also, investment spending by government was very weak in the quarter. again, take away those exports, it doesn't look quite as good a picture. guy: so, the obvious question that follows fr