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Image: Yahoo to sell half of its Alibaba stake for $7.1B

Yahoo to sell half of its Alibaba stake for $7.1B

Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders. The deal, announced Sunday in the US, ...
Tue, 22 May 2012 04:51:11 GMT
Image: Yahoo Executive, Hedge Fund Manager Plead Guilty, U.S. Says

Yahoo Executive, Hedge Fund Manager Plead Guilty, U.S. Says

A former Yahoo! Inc. (YHOO) executive and a former mutual fund manager at a unit of Ameriprise Financial Inc. (AMP) pleaded guilty to insider trading, the US said. Robert W. Kwok, Yahoo's senior director of business management, gave illegal tips to ...
Tue, 22 May 2012 00:12:33 GMT
Image: Ex-Yahoo CEO Scott Thompson quits Splunk board

Ex-Yahoo CEO Scott Thompson quits Splunk board

EXECUTIVE MOVES Thompson quits Splunk board Yahoo Inc. ex-CEO Scott Thompson has resigned from the board of Splunk Inc. after a scandal about a false degree listed on his resume led to his departure from Yahoo. Thompson stepped down from the board on ...
Tue, 22 May 2012 03:27:30 GMT
Image: Lakers Fans: Play the 2012 Playoffs Blame Game Now!

Lakers Fans: Play the 2012 Playoffs Blame Game Now!

By Andrew Sweat By Andrew Sweat | Yahoo! Contributor Network – 12 minutes ago Fellow Lakers fans, I am writing this column at the absolute worst possible time for two reasons. First, I'm angry. Second, it's after midnight. But I don't care, ...
Tue, 22 May 2012 06:01:44 GMT
Image: Stocks to watch Monday: Yahoo, Chesapeake

Stocks to watch Monday: Yahoo, Chesapeake

By MarketWatch WASHINGTON (MarketWatch) — Among the stocks that could see active trade in Monday's session are Yahoo Inc., Chesapeake Energy Corp. Lowe's Cos. (NYSE:LOW) , Campbell Soup Co. (NYSE:CPB) , Tidewater Inc. (NYSE:TDW) , Tech Data Corp.
Mon, 21 May 2012 10:31:58 GMT
Image: Brad Garlinghouse updates Yahoo 'Peanut Butter Manifesto'

Brad Garlinghouse updates Yahoo 'Peanut Butter Manifesto'

Yahoo should spend its capital acquiring companies with dynamic leadership, such as Flipboard and Gravity, says former Yahoo executive who's now CEO of YouSendIt. by Dan Farber May 21, 2012 11:22 AM PDT Follow @dbfarber NEW YORK--In 2006, ...
Mon, 21 May 2012 18:28:57 GMT

Orlando Magic fire coach Stan Van Gundy

AP – 37 minutes ago AP AP AP A Yahoo! User • 11 minutes ago LOL @ the comments referencing the "short" article. This is indicative of the media trying to get a jump on a 'story' anyway possible. Associated Press don't have the facts.
Mon, 21 May 2012 20:04:06 GMT

The Circuit: Google antitrust, cable WiFi, Yahoo sells much of Alibaba

Yahoo to sell part of Alibaba: Yahoo has sold back its stake in the Chinese Web company Alibaba. The company announced Sunday that it had sealed the deal, selling much of its stake in Alibaba — a 20 percent share worth about $7.1 billion, according to ...
Mon, 21 May 2012 16:29:12 GMT
Image: Yahoo, AMC Ride Chinese Corporate Investment Wave

Yahoo, AMC Ride Chinese Corporate Investment Wave

First up, Yahoo has finally sealed a deal to sell back its stake in Alibaba Group, with a floor price of $7.1 billion for 20% of the Chinese e-commerce company. Yahoo's remaining holdings would be unloaded in stages, as Alibaba prepares for an IPO, ...
Mon, 21 May 2012 03:28:04 GMT
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