Yahoo Still Sinking Despite $7 Billion Alibaba Deal

May 21, 2012 No Comments

Now that Yahoo is gradually untangling itself from Chinese e-commerce site Alibaba, does the U.S. Web portal’s future look any brighter? Not really. Yahoo’s agreement over the weekend to sell half of its stake in Alibaba for $7 billion ends a longstanding feud thaty wasn’t benefiting either company… Tweet This Post

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Alibaba Buys Back 20 Percent Stake From Yahoo for $7.1 Billion

May 21, 2012 No Comments

Chinese e-commerce site Alibaba has bought half of Yahoo’s stake in the company — 20 percent of Alibaba’s shares — back from Yahoo for $7.1 billion. Under the terms of the agreement, Yahoo will sell half its stake in Alibaba for at least $6… Tweet This Post

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Yahoo to sell back half of its Alibaba stake for $7.1 billion, more in the latter’s future IPO

May 21, 2012 No Comments

It’s been a bit of a sour year for Yahoo — it’s seen the departure of one of its founding fathers, suffered through a patent dispute with Facebook and lost its new CEO in a sea of scandalous accusations… Tweet This Post

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YouTube’s April video usage up 55% over 2011

May 18, 2012 No Comments

Digital media companies like YouTube and Yahoo have yet to see how much they will have increased their ad base by upping the quality of their video content recently. But as monthly video data released by comScore shows, both companies have managed to significantly increase the amount of time viewers spend watching video on their [...]

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TV nets wrap upfront week: “The biz still goes through us”

May 17, 2012 No Comments

What, me, worry? Those three words broadly sum up the attitude of the broadcast TV network chiefs regarding the encroachment on their turf by digital media companies, as they conducted their traditional springtime dog and pony shows for advertisers in New York this week… Tweet This Post

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The Truth About Why Yahoo’s CEO Got Fired

May 16, 2012 No Comments

What’s the takeaway from Yahoo’s recent CEO fiasco? Don’t lie on your corporate bio, for one, and make sure no one else has lied on your behalf. But the real lesson has nothing to do with falsified credentials… Tweet This Post

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Does Yahoo even know how to be a modern media company?

May 14, 2012 No Comments

Now that Yahoo has managed to make its way through yet another CEO shuffle — its sixth in just five years — the former portal has to get back to the main task at hand: namely, figuring out what its future looks like… Tweet This Post

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Expect More Proxy Fights for Tech Companies in Wake of Yahoo Controversy

May 14, 2012 No Comments

By using the threat of a proxy fight to win significant change at Yahoo, Daniel Loeb and his Third Point LLC hedge fund did something that may become increasingly common as a result of new rules to increase shareholder oversight of publicly traded companies… Tweet This Post

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Yahoo Ousts Thompson, Loeb Wins. Now What?

May 14, 2012 No Comments

Scott Thompson’s short run as Yahoo CEO is over. He resigned this weekend after trying vainly to beat back the growing controversy over his somewhat fanciful resume. Thompson said he had a computer science degree when, in fact, he did not… Tweet This Post

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Where To Now For Yahoo? Thompson Out, Loeb & Co In

May 13, 2012 No Comments

Over the weekend, Yahoo!’s embattled CEO Scott Thompson finally did the honorable thing and stood down. Ex-President of News Corp’s Fox Interactive Media division, Ross Levinsohn, has been named interim Chief Executive Officer… Tweet This Post

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New CEO Ross Levinsohn, in message to Yahoos, says “focus on the momentum”

May 13, 2012 No Comments

After an agressive reign that ended in a sordid resume scandal, Scott Thompson, just four months into his job as CEO, is out at Yahoo. Intermin CEO Ross Levinsohn, appointed to the position Sunday, is already in communication with Yahoos about the regime change… Tweet This Post

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Thompson maybe out, but Yahoo still a mess

May 13, 2012 No Comments

Yahoo chief executive officer Scott Thompson, who has been caught in a resume gate, is leaving the company, reports AllThingsD. He is going to be replaced by Ross Levinsohn, who is currently global media head with the company, Kara Swisher adds… Tweet This Post

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