Verizon Communications is preparing to make a bid for the web business of Yahoo, according to a Bloomberg report. A source with information about the matter said it also hopes to finalize its merger by putting an offer for a stake in the Japanese subsidiary of the internet search giant.
Yahoo has just set a bid deadline for investors who want to buy the company, according to a Monday report from The Wall Street Journal. The deadline is on April 11 when the search giant will entertain preliminary bids for its core business.
A new report has emerged that executives of Microsoft are discussing with private equity firms interested in buying Yahoo to tell them that the software company is willing to lend significant financial backing to their efforts.
Yahoo latest news reveals that Henrique de Castro, former Chief Operating Officer of Yahoo, is right in the middle of a controversy within the company. He was apparently paid US $60 million in severance, according to a ruling of a Delaware judge last Tuesday.
Yahoo Chief Executive Officer Marissa Mayer is limiting her work from now on as she has just announced that she is expecting the arrival of not just one but two bundles of joy in time for the Christmas holiday season.
Yahoo announced Friday that it has entered an agreement to acquire Polyvore, an e-commerce site that enables shoppers to purchase "what's trending in the style community." The company hopes that the deal will give it a spot to peddle more ads for merchants.
Yahoo Inc's (YHOO.O) planned spin-off of its stake in Alibaba Group Holding Ltd (BABA.N) is likely to proceed on a tax-free basis, analysts said, as Yahoo shares regained most of their losses after concerns of a possible change in U.S. tax rules spurred a slide on Tuesday.
The Frankfurt-listed shares of Internet companies Yahoo (YHOO.O) andFacebook (FB.O) outperformed those of rival Google (GOOG.O), after media reports thatGoogle would face anti-trust action from the European Union.
The troubled Yahoo, Inc. might be in the process of thinning it's investor and leadership capabilities, as the chief architect, Daniel S. Loeb of hedge fund Third Point LLC, has decided to leave the board, while Media Head Mickie Rosen has decided to submit her resignation.
East London's technology hub is established well beyond start-up status: Thousands of new web firms now work in the offices around Old Street and on any given day the area's coffee shops buzz with young hopefuls meeting advisers and investors.