Search Results for: Yahoo
Yahoo Provides Update on Planned Spin Off of Remaining Stake in Alibaba Group
December 9th, 2015
Yahoo! Inc. (NASDAQ: YHOO) today announced that its Board of Directors, after careful review and consideration of how to best drive long-term value for shareholders, has unanimously decided to suspend work on the pending plan, announced in January of 2015, ...
Yahoo Board to Weigh Sale of Internet Business
December 2nd, 2015
Board to discuss whether to proceed with a plan to spin off its investment in Alibaba, find a buyer for its core business, or both, sources said Yahoo Inc.’s board is planning a series of meetings this week to consider ...
Yahoo shares fall on worries of possible U.S. tax change on spinoffs
May 20th, 2015
Yahoo Inc (YHOO.O) shares fell 7.6 percent on Tuesday on concerns that a possible change in U.S. tax regulations would affect Yahoo’s planned spinoff of its stake in Alibaba Group Holding Ltd (BABA.N). The change – discussed by a ...
Yahoo to replace Google as default search engine on Firefox in US
November 20th, 2014
Yahoo will replace Google as the default search engine on the Firefox web browser in the US, signalling Yahoo’s resolve to regain some of the ground that it has lost in the most lucrative part of the internet’s ad market. The ...
Yahoo acquires BrightRoll for $640 million in cash
November 12th, 2014
Yahoo didn’t wait long to put to use its newfound riches from the Alibaba IPO. On Tuesday, it acquired video-advertising company BrightRoll for $640 million in cash. BrightRoll, based here, could help Yahoo CEO Marissa Mayer in her quest ...
Yahoo ‘set to invest millions’ in Snapchat
October 6th, 2014
Yahoo is close to investing millions of dollars in mobile messaging service Snapchat, which may value the start-up at about $10bn (£6.2bn), reports say. Snapchat allows users to send images and videos that “disappear” seconds after being viewed. The ...
Yahoo must take essential decision once again
September 26th, 2014
Yahoo, more than any other investor, should have benefited from the public market debut last week of Alibaba, the Chinese e-commerce giant. The company sold Alibaba shares worth $6 billion after taxes, and its remaining stake is valued at ...
Mexican companies sue Yahoo, law firm charge conspiracy to avoid $2.7 billion judgment
September 12th, 2014
Two Mexican companies have sued Yahoo! Inc (YHOO.O) and law firm Baker & McKenzie in New York federal court, accusing them of engineering a conspiracy to avoid a $2.7 billion judgment issued by a Mexico court in 2012. In ...
LinkedIn hires former Yahoo legal chief as its new general counsel
July 22nd, 2014
LinkedIn has hired former Yahoo general counsel Michael Callahan to head the global professional networking site’s legal function. Callahan will take on the mantle of vice president, general counsel and secretary on 28 July, reporting into the company’s CEO ...
Yahoo buys app analytics firm Flurry
July 22nd, 2014
Yahoo has acquired an app analytics firm, Flurry, to help boost its advertising revenue from smartphones. Flurry helps app developers analyse data about their users and deliver more personalised ads to them. Some of Yahoo’s rivals have also bought ...
