Yahoo's (YHOO -0.3%) video business is "growing a lot" and is a top priority for the company,...

|By:, SA News Editor

Yahoo's (YHOO -0.3%) video business is "growing a lot" and is a top priority for the company, says Marissa Mayer during a Reuters conference talk. Reuters reports Yahoo, prevented by the French government from acquiring Dailymotion, is still bidding for Hulu, but other reports have indicated a Hulu/DirecTV deal is imminent. Mayer adds growing traffic is a bigger near-term priority than improving monetization (Tumblr definitely helps with the former), says Yahoo will remain "an ad company" even as it tries "some other things," and boasts of creating a system that has eliminated 700 unnecessary processes at the company. "I think we can all figure out how to use a treadmill without an orientation."