Yahoo
Alibaba will buyback half of Yahoo stake
US internet company Yahoo said it has reached a deal to sell part of its stake in the Chinese e-commerce firm Alibaba Group.
Alibaba will buy back half the 40 percent stake owned by Yahoo, following years of negotiations.
The deal will raise about USD7.1 billion for Yahoo, which has been losing ground to rival Google and Facebook in online advertising.
Yahoo sends CEO packing without severance package
Yahoo ended Scott Thompson's four-month stint as its CEO without giving him a severance package, according to documents filed on Monday.
Thompson, 54, left on Sunday in a management shake-up triggered by inaccurate information in his official biography. He would have been entitled to a severance package if Yahoo had terminated him "without cause", according to the contract he signed in January.
Yahoo CEO departs amid resume error
Yahoo says it is appointing Ross Levinsohn as interim CEO and Fred Amoroso as chairman of its board, effective immediately.
Yahoo says CEO Scott Thompson has left the company.
Thompson has been under fire for more than a week over mentions in his resume and company filings of a computer science degree he did not earn.
Yahoo co-founder Jerry Yang resigns from its board
Jerry Yang, the co-founder of Yahoo!, has resigned from its board.
Yang founded the online company in 1995 with David Filo and was its CEO from June 2007 until January 2009.
His resignation comes two weeks after the company hired former PayPal executive Scott Thomson to be its new CEO.
Yahoo names PayPal's Scott Thompson as new head
US web portal Yahoo has named Scott Thompson, the president of online payments firm PayPal, as its new head.
He will fill the vacancy left by Carol Bartz, who was dismissed as CEO in September after failing to turn around the company's fortunes.
Thompson has headed Paypal, the payments division of eBay, since 2008, during which time its userbase doubled.
Google mulls bid for Yahoo
Google Inc. has talked to at least two private-equity firms about potentially helping them finance a deal to buy Yahoo Inc.'s core business, according to a person familiar with the matter.
Google and prospective partners have held early-stage discussions but haven't put together a formal proposal and Google may end up not pursuing a bid, this person said. It is unclear which private-equity firms Google has talked to.
Any deal tying two of the biggest Internet companies would be sure to attract antitrust scrutiny.
Yahoo gives interim CEO a 25pc raise to USD750,000
Yahoo has given interim CEO Tim Morse a 25 percent raise for stepping into the leadership void created by the struggling internet company's recent firing of Carol Bartz.
Morse's salary is now USD750,000, up from USD600,000, according to a regulatory filing on Friday. Already Yahoo's CFO, Morse took on the additional role of interim CEO on 6 Sept. when Yahoo's board of directors ousted his boss, Carol Bartz.
Yahoo, Alibaba, Softbank strike deal over Alipay
Alibaba Group said it has reached an agreement with Softbank and Yahoo under which Alibaba could receive up to USD6 billion from an initial public offering or liquidation of its e-payment unit, Alipay.
The agreement between the three parties capped off months of intense negotiations, sparked by a highly public spat over the transfer of Alipay to a company wholly owned by Alibaba founder Jack Ma. Yahoo had claimed it was blindsided by the deal.
Yahoo, Alibaba reach deal over Alipay
Yahoo has resolved a dispute with Alibaba Group over the Chinese company's transfer of its online payment system, Alipay, to CEO Jack Ma, two sources close to the matter said.
The two companies reached an agreement before Yahoo's analyst meeting last Wednesday, one of the sources said. But the deal requires the consent of Softbank founder Masayoshi Son who is an Alibaba board member, and he has been reluctant to come to the negotiating table, the sources said.
China's Alipay gets bank licence
Alipay, the firm at the centre of a dispute with Yahoo, has received a licence from China's central bank.
Alipay was spun off from China's Alibaba Group, which is 43 percent owned by Yahoo, in order to apply for the online payments licence. These are only available to wholly Chinese firms.
Earlier in May, Yahoo said Alibaba had spun off Alipay without informing it, sending its shares down sharply.
