Yahoo's USD 1 billion convertible bond offer and USD 5 billion stock buyback authorization was made to protect the company's stock price, writes Stephen Gandel on Fortune's Term Sheet.
Tags: Yahoo
Yahoo Mail brewing trouble from customers and small business owners due to outage
Yahoo has yet to address technical problems of its mail and small business services, which is causing frustration for many of its individual and small business customers, according to a TechCrunch report.
US web companies makes joint call for tighter surveillance controls
Eight US technology firms in the US wrote an open letter to President Barack Obama, calling on government to impose stricter controls on online surveillance.
US image sharing startup Imgur could be Yahoo's next big acquisition
Yahoo Chief Executive Officer (CEO) Marissa Mayer is eyeing image sharing startup Imgur as the company's next big acquisition, according to an anonymous source cited by Business Insider.
Yahoo acquires Los Angeles-based mobile video startup Ptch
Yahoo has purchased Los Angeles-based Dreamworks Animation-incubated mobile video app Ptch, which will shut down on January 2, 2014, in a deal with yet undisclosed financial terms.
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According to news agency AFP, video platform Dailymotion intended to continue with its acquisition and Asian expansion plans despite failed buyout talks between its parent company Orange and Yahoo Inc.
Yahoo, which owns 24% of ecommerce giant Alibaba, reaps revenues prior to the IPO. Yahoo's investment in Chinese e-commerce firm Alibaba Group Holding Ltd was sufficient to keep Wall Street happy despite the continued struggle in the third quarter for advertising revenues, The shares of Yahoo increased by 1% to USD33.
Startup company Slice received USD23 million in Series B funding from Japan's Rakuten, among others.
Digital analytics corporation ComScore said Yahoo beat Google for the month of July with 196,564,000 visits.
ShopRunner added to Alibaba's recent purchases made to help in the former's IPO. Recently, ShopRunner a private shipping company owned by Michael Rubin, sold minority stakes to Chinese e-commerce company Alibaba Group.
Alibaba bought stake in online shopping firm ShopRunner for USD75 million as it prepares for its initial public offering in Hong Kong.
Yahoo Inc named Maynard Webb as the company's chairman, as Marissa Mayer continued her efforts to turn the internet corporation around.
Yahoo entered into new partnership with Perion Network Ltd, which can benefit both parties by improving their individual services.
Tumblr founder David Karp gets US$110 million to remain in the company for the next four years. On Thursday, a regulatory filing revealed a US$110 million retention payment of Yahoo to David Karp, Tumblr's founder.
