On Wednesday, Shares of Yahoo! Inc. (NASDAQ:YHOO), gained 2.46% to $32.52.
Yahoo hosted hundreds of developers at the Yahoo Mobile Developer Conference at the Marriott Marquis in New York. The conference followed February’s inaugural, packed event in San Francisco, and features speakers counting Yahoo Chief Revenue Officer Lisa Utzschneider; Yahoo SVP of Publishing Products, Simon Khalaf; and Tumblr CEO David Karp.
To open the conference, Khalaf delivered a keynote on the evolving mobile app landscape based on an analysis of data from Flurry Analytics, which is now in 720,000 apps across two billion mobile devices. Key insights comprise:
- Users Logging More Mobile Minutes: In the second quarter of this year, American consumers spent, on average, 3 hrs and 40 minutes per day on their mobile devices. That is a 35% improvement in time spent from one year ago and a 43 minute improvement in the last six months.
- Mobile Browser Sidelined: Ninety percent of time consumers spend in mobile is in apps, and the remaining 10 percent is spent in browsers. This number is up from the first quarter of this year when consumers spent 88 percent of the time on mobile devices in apps.
- Category Catch-Up: Messaging and Entertainment apps have pulled noteworthymarket share from Gaming, which is now only 14 percent of all time spent on mobile. Time spent on Social & Messaging apps has raised 50 percent and time spent on Entertainment has raised 240 percent, while time spent on Gaming has reduced 36 percent. Social, Messaging and Entertainment apps now account for 51 percent of time spent on mobile.
Yahoo! Inc. provides search and display advertising services on Yahoo properties and associate sites worldwide. The company offers Yahoo Search that serves as a starting point to navigate the Internet and discover information; and Yahoo Answers, which enables users to seek, discover, and share knowledge and opinions across mobile phones, tablets, and desktops.
Shares of Denbury Resources Inc. (NYSE:DNR), inclined 4.57% to $3.43, during its last trading session, despite the price of oil fell back below $39 a barrel after a U.S. government report showed an unpredictable decline in demand for gasoline last week. U.S. oil fell 71 cents, or 1.8 percent, to $38.60.
Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. The company primarily focuses on improved oil recovery utilizing carbon dioxide.
Finally, Hilton Worldwide Holdings Inc. (NYSE:HLT), ended its last trade with 3.36% gain, and closed at $24.33.
Hilton Worldwide Holdings celebrated its second annual Careers@Hilton Live: Youth in Hospitality Month, a global career awareness initiative showcasing the diversity of opportunities available in the hospitality industry. Throughout the month of May, Hilton Worldwide properties and offices hosted more than 750 events globally totaling 22,365 volunteer hours and reaching more than 90,000 young people. Careers@Hilton Live is just one program in support of the company’s Open Doors commitment to impact one million young people around the world by 2019 and better prepare them to reach their full potential.
“Travel and tourism accounts for one in eleven jobs globally and provides tremendous opportunities for job seekers,” said Christopher J. Nassetta, president and CEO, Hilton Worldwide. “Through Careers@Hilton Live, thousands of young people learned more about the meaningful and diverse career pathways available to them. A job in hospitality can be the start of an exciting career for anyone who is passionate about delivering exceptional guest experiences and where the possibilities for growth are endless.”
This year Hilton also took Careers@HiltonLive online, encouraging participation through Hilton’s “Career Concierge” experience. The program invited individuals to submit their questions via Twitter (@HiltonWorldwide) using hashtag #CareersatHiltonLive, or through www.hiltonworldwide.com/youth. Over the course of five weeks, 66 questions were received from 29 countries and answered by 13 Hilton Team Members.
Hilton Worldwide Holdings Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels, resorts, and timeshare properties worldwide. The company operates hotels under 12 brand names, counting Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio-A Collection by Hilton, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton, and Hilton Grand Vacations.
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