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‘yahoo’ Stories

Yahoo eyes new CEO, PayPal’s Scott Thompson tipped for job

Shane McGlaun, Jan 4th 2012 Discuss [1]

AllThingsD reports that sources "close to the situation" are claiming that Yahoo is all set to grab a new CEO to attempt to turn things around or at least slow the train wreck that seems to never stop at Yahoo. The tip surfaced yesterday with the factoid that the announcement could come as early as this morning. The person reportedly being eyed for the job is Scott Thompson. Read The Full Story

Google to pay Mozilla almost $300 million per year in search deal to outdo Microsoft and Yahoo

Paul Fang, Dec 22nd 2011 Discuss [14]

AllThingsD has reported that Google will be on track to pay an impressive $300 million per year to Mozilla, for when Google and Mozilla renewed their search royalty deal, earlier this week. This exorbitant amount of money will allow Google to be the default search engine in Mozilla's Firefox web browser. The deal has apparently climbed to this figure, from previous deals, due to Yahoo and Microsoft's Bing search engine, which have provided ample competition, until now. Read The Full Story

Yahoo reportedly to consider selling Asian assets

Paul Fang, Dec 21st 2011 Discuss [0]

Yahoo's board of directors is reportedly considering a deal to sell all of its Asian assets, specifically, the bulk of the company’s prized holdings in the China's Alibaba Group and Yahoo’s Japanese affiliate to their majority shareholders in a massive deal worth $17 billion, according to a report in The New York Times DealBook. Yahoo would allegedly still keep a 15 percent stake in Chinese internet group Alibaba, however. The company’s stock on the Nasdaq exchange jumped nearly 6 percent today on the Asian asset sale rumors, and currently sits at just about $16 a share after trading hours had closed. Read The Full Story

Alibaba in talks with Softbank to lead Yahoo acquisition bid

Paul Fang, Nov 30th 2011 Discuss [0]

Chinese internet group Alibaba is said to be involved in ongoing negotiations with Japanese telecom giant Softbank in an attempt to establish a bid for all of Yahoo (Alibaba already owns Yahoo's chinese business group, in exchange for a 40% stake in Alibaba and 'strategic partnership' in 2005). Sources familiar with the matter have informed Bloomberg that leading private equity firms Blackstone Group and Bain Capital have also been tapped to participate in the acquisition talks. Read The Full Story

Yahoo! US tipped target of $6bn buy-out bid

Chris Davies, Nov 29th 2011 Discuss [0]

Yahoo! could have finally found a buyer, for its US business at least, with reports that a private equity firm is considering a $5bn-6bn bid for the beleaguered giant. Thomas H. Lee Partners' US-centric strategy differs from that of rivals, Reuters' sources claim, which are considering staged minority investments of around 20-percent; that would keep them under the trigger for shareholder approval, allowing Yahoo!'s board greater flexibility in choosing its new partners. Read The Full Story

Microsoft considers buying Yahoo, signs NDA

Rue Liu, Nov 23rd 2011 Discuss [4]

Microsoft appears to have renewed interest in buying up the troubled Yahoo. According to the New York Times, a source briefed on the matter says that Microsoft has signed a nondisclosure agreement with Yahoo in order to join private equity firms Silver Lake, TPG Capital, and others in taking a closer look at Yahoo's books. Read The Full Story

Hulu sale cancelled altogether

Chris Burns, Oct 13th 2011 Discuss [0]

For those of you following the sale of Hulu - oh wait, you didn't know Hulu was for sale? Well it was, not it isn't. Follow us for a minute or two as we run down the path from original sale to bidders to bidders dropping out to Hulu just saying "fine, forget about it, I'll just keep to myself!" It's all very dramatic. It all started back in June when Hulu was rumored to be putting themselves up for sale with Yahoo! tipped as a bidder. Read The Full Story

Microsoft executive tips Yahoo bid

Chris Burns, Oct 5th 2011 Discuss [0]

Not one day after it was reported that Yahoo! and ABC News would be partnering for news online, Microsoft is being tipped as entering bidding for Yahoo! in the near future. This information comes less than a month after our last report that Microsoft was, again, aiming for a bid on Yahoo!, this still not the first time these giants were to collide. All the way back in 2007, Microsoft was thought to be aiming for the same goal and again in 2008 the story persisted. Will Microsoft ever ACTUALLY purchase Yahoo!, or is this a legend that'll never ever prove itself to be true? Read The Full Story

Yahoo and ABC News partner for news and information online

Shane McGlaun, Oct 4th 2011 Discuss [0]

Yahoo is taking a beating on the search market today with its traffic falling and CEO drama ongoing. Last month Yahoo fired its CEO Carol Bartz, who was vocal about how Yahoo treated her and eventually left the Yahoo board with $14 million in hand as a severance package. Yahoo is said to be considering purchase offers as well and one of the users is said to be Microsoft. Read The Full Story

Hulu sale could fall through after low-ball bids amidst other issues

Rue Liu, Sep 19th 2011 Discuss [2]

The Hulu sale may be at risk amidst recent developments, including low-ball bids, a lack of commitment to sell by Hulu's owners, and digital rights complications. The premium online video service is a joint venture between content providers Fox, Disney, and NBC Universal and has so far seen interest from Yahoo, Google, Amazon, DirecTV, and Dish Network among others. Read The Full Story