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Posts Tagged ‘ Yahoo! Inc ’

Yahoo renamed Altaba; CEO Marissa Mayer to leave board

Tuesday, January 10, 2017 | More »

Marissa Mayer
Yahoo! Inc. has said it will be renamed Altaba Inc and chief executive Marissa Mayer will step down from the board following the closing of its merger deal with Verizon Communications Inc. “Following the closing, the company (Yahoo!) will operate as an investment. Immediately following the closing...


Morgan Stanley, Goldman Sachs to be lead bankers for Snapchat’s IPO

Photo messaging service Snapchat is all set to hit the markets. With its initial public offering slated for March, Snap Inc, Snapchat’s parent, has shortlisted banks to lead and manage the exercise. Morgan Stanley and Goldman Sachs Group will lead the offering, a report by news agency Bloomberg ci...

13 October, 2016 | More »


Verizon inks deal to acquire Yahoo for $4.83 bn

Yahoo! Inc. has agreed to sell its core operations to US telecom giant Verizon Communications Inc. for $4.83 billion in a transaction that marks the end of the Internet pioneer as an independent company after a two-decade-long journey. Verizon’s purchase of Yahoo, which follows its acquisition of ...

25 July, 2016 | More »


Yahoo to sack one in six staffers, puts core business on sale

Yahoo! Inc, once a giant but now a fast fading internet firm, will shed 1,700 jobs to cut costs and boost its sagging sales. In doing so, Yahoo would cut a sixth of its global workforce and shrink its employee base to roughly 9,000. At the peak of Yahoo’s growth in 2007, the company had [&hell...

3 February, 2016 | More »

Marissa Mayer

Yahoo shuts down video hub Yahoo Screen

At a time when Google Inc is riding on the success of its online streaming platform YouTube, internet companies such as Yahoo Inc are struggling with their video services. The internet company has shut down Yahoo Screen, its ambitious online video project. Confirming the development, a Yahoo spokesp...

6 January, 2016 | More »

Binny Bansal & Sachin Bansal

Flipkart’s 3M-sq-ft campus in Bengaluru will be a first for an Indian internet company

The recent Rs 300 crore-deal between Flipkart and Embassy Group for a new three million sq ft campus on the outer ring road of Bengaluru is a first for an internet business in India. We have seen it in Silicon Valley. Yahoo moved into a 43-acre campus in Sunnyvale, California, in 2001, which was one...

24 October, 2014 | More »


Yahoo acquires to-do list mobile app Astrid; Nexus Ventures scores another exit

Web giant Yahoo Inc has acquired Astrid, a task and to-do list mobile app, for an undisclosed amount. The company’s co-founder has said in a blog that over the next 90 days, Astrid will continue to work as it is, but will not be accepting new premium subscriptions. Yahoo will be managing refunds ...

3 May, 2013 | More »

China’s Alibaba expects to pass Amazon and eBay in transaction value this year

China’s largest e-commerce firm, Alibaba Group, expects to sell merchandise this year worth more than that sold by Amazon Inc and eBay combined, Alibaba’s chief strategy officer said on Saturday. The company is aiming for 3 trillion yuan in annual transaction value from its Taobao e-co...

10 September, 2012 | More »

Yahoo CEO search down to Levinsohn, Hulu’s Kilar

The race to become Yahoo Inc’snext chief executive appears to have come down to two candidates: current interim CEO Ross Levinsohn and Hulu CEO Jason Kilar. According to two sources with knowledge of the situation, Levinsohn and Kilar are the last names left on the Yahoo board’s shortlis...

6 July, 2012 | More »

Microsoft, AOL, Yahoo! Strike Ad Alliance

Yahoo! Inc, Microsoft Corp and AOL Inc have set up an advertising partnership as Google and Facebook’s online ad dominance grows. The alliance, announced on Tuesday, allows each of the companies to sell each other’s unsold premium advertising inventory — known as display ads —...

9 November, 2011 | More »

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