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But the talks to put together a tax-free transaction ended late Monday after several days of negotiations in Hong Kong, according to people briefed on the matter, who were not authorised to speak publicly. Hours after reports about the end of the talks e
Yahoo, whose revenue slid by more than a fifth last year, brought in former PayPal President Scott Thompson as chief executive in January, five months after Carol Bartz was fired. Two people briefed on the situation described the deal as effectively dead
Chairman and Chief Executive of Alibaba Group Jack Ma delivers a speech at the 8th Netrepreneur Summit in Hangzhou, Zhejiang province September 10, 2011. China's Alibaba Group aims for 1 trillion yuan ($157 billion) in transaction volume next year on... View Photo »
The Wall Street Journal reported that Einhorn complained to investors in a letter last year that tension between Yahoo and China-based partner Alibaba Group Holding Ltd. , in which Yahoo owns a roughly 40% stake, had caused him to liquidate a position in
The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Talks on Alibaba buying back Yahoo’s stake in the Chinese e-commerce giant seem to have faltered. Valuation, structure and financing appear to be the key roadblocks. Wit
A model presents a creation of Hong Kong student of fashion design Jack Ma during the Hong Kong Fashion Week for Spring/Summer 2012 in Hong Kong, Monday, July 4, 2011. Hong Kong Fashion Week attracts more than 1,700 exhibitors participating in the... View Photo »
Yahoo!, we have a problem. The Internet company and its freshly minted chief executive, Scott Thompson, face a shareholder mutiny after talks to sell the company’s stake in two Asian partners faltered yesterday. Yahoo!’s negotiating team, surprised by th
14 February 2012 Last updated at 23:15 ET Alibaba's founder Jack Ma has been trying to buy back its stake from Yahoo for some time Shares of Yahoo Japan fell 5% on the Tokyo Stock Exchange on reports that talks regarding the swap of Yahoo's Asian assets
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