US internet company Yahoo says it has reached a deal to sell part of its stake in China’s biggest internet company Alibaba Group.
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Yahoo agrees $7.1bn Alibaba deal
Yahoo and China's Alibaba Group have agreed to a $7.1 billion deal in which the Hangzhou-based internet behemoth buys back half of Yahoo's 40% stake in the company.
Yahoo’s embattled chief executive, Scott Thompson, plans to leave his post after a controversy over his embellished academic credentials, people briefed on the matter said.
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DealBook: Yahoo’s C.E.O. to Leave as Company Nears Deal With Loeb
The CEO of computer firm Yahoo is to step down after accusations that a fake computer science degree was included on his CV, reports say.
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Yahoo CEO Thompson ‘to step down’
Yahoo’s chief executive Scott Thompson apologized to the company’s employees Monday, but did not say he has plans to step down. Thompson has been under fire since an investor vying for control of the company, Daniel Loeb, sent a letter Thursday to Yahoo’s board about the executive’s academic record. Yahoo later confirmed that while Thompson had listed a degree in computer science in his biography, he had never been awarded that degree. Read full article > >
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Yahoo’s Scott Thompson apologizes for degree claim on resume
Dan Loeb of Third Point, Yahoo’s largest outside investor, has writtten yet another letter to Yahoo’s board of directors demanding, in part, that new chief executive Scott Thompson be dismissed by 12 noon EDT on Monday, May 7. Read full article > >
Third Point called for the dismissal of the technology company’s chief executive, Scott Thompson, after revealing that the Yahoo leader had inaccurately stated his academic credentials.
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DealBook: Third Point Demands Yahoo C.E.O. Be Fired by Monday
After Google, Yahoo and others have resisted push.
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Web Giants Adopt ‘Do Not Track’ Button
Yahoo has reportedly broken off talks with its partners in Asia to work out a deal to drop its holdings in China and Japan and save Yahoo over $4 billion in U.S. taxes. All Things Digital’s Kara Swisher reported Tuesday that “sources close to the situation” have said that the discussions have reached an impasse. Those sources blame Yahoo for changing its demands. Read full article > >
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Report: Yahoo calls off talks on Asia deal
After the Nationals engaged in negotiations with Prince Fielder and the baseball world deemed them the favorite to sign him , Fielder agreed Tuesday on a nine-year contract worth $214 million with the Detroit Tigers, pending a physical, according to reports by Yahoo! and CBSSports.com. Read full article > >
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Prince Fielder, Tigers reportedly agree to a nine-year, $214 million deal
Are you familiar with “Yahoo! Answers”? Me, too. It’s unavoidable. Seems like every time you ask the Web a question, the first set of responses comes from “Yahoo! Answers,” the user-generated arm of the Yahoo! search engine. Read full article > >
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Gene Weingarten: Yahoo? Big whoop.
US web portal Yahoo names Scott Thompson, president of online payments firm Paypal, as its new chief executive.
The Yahoo board said Scott Thompson, who has been running the online payments unit of eBay since early 2008, would replace Carol Bartz, who was dismissed in September.
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PayPal Executive Named C.E.O. of Yahoo
NEW YORK — Yahoo Inc. may name Scott Thompson, president of eBay Inc.’s PayPal division, as its new CEO, according to a published report. The struggling Internet company has been without a permanent CEO since early September, when it fired Carol Bartz after losing patience with her attempts to turn around the company during her 2 ½ years on the job. Tim Morse, Yahoo’s chief financial officer, has been interim CEO since Bartz’s ouster. Read full article > >
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Report says Yahoo may name PayPal President Thompson as its CEO
Shares in Yahoo rise on reports that China’s Alibaba Group is preparing a takeover bid for the US internet firm.
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Yahoo shares up on Alibaba report
DealBook: Yahoo’s C.E.O. to Leave as Company Nears Deal With Loeb
Sunday, May 13th, 2012Yahoo’s Scott Thompson apologizes for degree claim on resume
Tuesday, May 8th, 2012DealBook: Third Point Demands Yahoo C.E.O. Be Fired by Monday
Friday, May 4th, 2012Prince Fielder, Tigers reportedly agree to a nine-year, $214 million deal
Tuesday, January 24th, 2012Report says Yahoo may name PayPal President Thompson as its CEO
Wednesday, January 4th, 2012
