the board has restated its commitment to mercer mayer. -- marissa mayer. eric: she has had three years to prove she can turn around the business. it is not rocket science. you have a core business that is still substantial, but it has been declining for a number of quarters. you have to run the business for cash. that is what a private equity buyer would do. i doubt you need 10,000 people to run that business. you need to rationalize this, run it for cash. yes, you still have plenty of cash and you can do a strategic acquisition. prove to the street and the shareholders that you know how to run the core business. have been outu there suggesting possible new ceo's for yahoo!. do you think marissa really does stay on or sometime over the course of next year, she leaves and is replaced? bob: it will be decided on who ultimately buys the core asset. if it is verizon, they have a phenomenal x-unit -- execute ive in tim armstrong. cannot -- we have publicly said we do not think it is likely that marissa is the ceo of yahoo! in the next 12 months. emily: the boar

he thinks it can be something better but that mercer mayer is not someone to do it.000 job this is a workforce of 12,000 but get 9000 people out the door. , goeback what they need back to the old logo to signify the marissa mayer era is over. the iconic 101 billboard on the iconic freeway to convey the message to the world. in terms of what to actually do with the core business, he is saying focus on things like potential like finance and yahoo! sports and do not focus anymore on search. they already lost the battle. a partnerether with like liberty media to explore the core restructuring, to score the issues further with a potential spinoff but do not continue to buy what he calls zombie companies. they recently spent an estimated $200 million on a company and he says she cannot be given license to spend so much money on acquisitions that really do not add anything to the company. david: what happens next. marissa mayer addressing last week on a conference call to what do we have to look forward to? we might learn what exactly she is thinking about the future of the

mercer mayer addressed the situation on a call this morning.ge portion of the market capitalization driven by the alibaba stake, greater transparency to ensure that yahoo!'s business operations are accurately valued. especially as we continue to improve the product and operations. brendan: joining us to break this down is neil doshi. and also cory johnson. the editor at large. you just suffered through the call. what wisdom do you bring? ry: the clearest comment on the call was when ken goldman said this is a near image of what we propose before. spinning off yahoo!, we are spinning off everything else. andaba shares will trade they will have a new company ee?led yip brendan: i love that. it is a mirror image. before they said they could do something with the rest of this business and now they are saying they cannot do something. what can be done with the assets that we used to call yahoo!? things.few they can go through the turnaround plan. a haven't been successful they haven't been successful thus far. they can try to sell the business. they

stephanie: can i do with mercer mayer?en trying that for a while now. >> she will find a need to spend time with her family. there are other things she can do out there. lastly, it's daschle an extraordinary woman. take a look. >> i have a lot of confidence in her ability to create yahoo! to be successful in whatever she does. would you hire her? >> in a second. she is amazing. completely magical. bloomberg, we rank the highest 200 paid executives in the u.s. her paid for performance rating out of five stars gets one star. i think that is because it is not possible to give her no stars at all. down hereak compensation in 2014, about $42 million the lion's share of that in 2014.s, granted set for the stock price 16 months earlier, that is very unusual. typically a straight price is set when the options are granted. hers was set at like $18 and the stock was at $38 limit her the option. only one other ceo has such general -- generous pay package. great payshe has a package. that was an understatement. stephanie: mark was cri

of course, mercer mayer has a lot of challenges at work at the moment with yahoo! arissa mayer has a lot of challenges at work at the moment with yahoo! selling off its core business. that is something we will continue to monitor as time goes on. but congratulations to marissa mayer. let's look to twitter. it is try to prove to wall street that it's business can survive even if membership stalls. the company announcing it will advertise to people who view tweets on its website without actually having an account. that increases twitter's audience pay time, to as much as $800 million, if not more. let's check in now with sarah frier who wrote his story. sarah, tell us a little bit about what this plan is or whether it is an action already. sarah: twitter has been pummeled by wall street the last couple of years for having a slowing user base, slowing growth. 20 million users who log in and use twitter. that is 1/5 the size of facebook. so what this does is it opens up advertising to the people who click on links to tweets, whether it's through google search or an e-ma

mercer mayer and yahoo! continue to be under fire. -- marissa down mayer and yahoo!fire. what does it mean for a big agricultural state like iowa? tom: stephanie ruhle, thank you so much. looking forward to that on "bloomberg ." --ncine: six days to go actually, seven and counting -- from when the fed will decide the next interest rate decision. janeway firmware berdych is still here. do they have to raise rates to not disappoint the markets? bill: it sounds like they are universally acknowledging that there is going to be a rate rise , andw big, how long whether they stall and hold off from going back toward "normal rates," as they watch very closely the impact on only on our economy but also on the financial balances internationally, particularly the huge quantity of dollar-denominated bonds that have been issued by companies and countries that do not have dollar income. this is going to be a very delicate and sensitive process. i do not think janet yellen is going to go just drive straight back to the old-fashioned 3%, 4%. tom: she ignored international events