Yahoo is currently worth around $40.5 billion. But its core advertising business is worth less than $7 billion, according to Wall Street.
The activist hedge fund grabbing headlines recently for its engagement with Olive Garden took a “significant” stake in Yahoo and sent a letter to CEO Marissa Mayer encouraging her to consider a possible merger with AOL.
Yahoo still has a 16.3% stake in Alibaba, which is now worth around $37.7 billion.
Alibaba’s IPO ranks as the largest offering ever in the U.S. Shares closed at $93.89, up 38% from its initial public offering price, on its first day of trading.
The company is now pricing its shares between $66 and $68. The top end of the range values the company at $167 billion.
Yahoo News Digest already works on the Apple Watch.
The company set a price range for its initial public offering in a regulatory filing today.
@YahooNews sent out a tweet about a fake Ebola outbreak in Atlanta.
The social network reports that 70% of its global employees are male.
This time, Yahoo bought a mobile advertising and analytics company called Flurry. Re/code first reported the news.
The company reported its second-quarter earnings today.
The woman alleges her supervisor, Maria Zhang, forced her to have “oral and digital” sex and threatened she would “take away everything from her” if she resisted.
The internet has gotten a lot less ugly.
Are skeletons real or made up?
Think Ali Rowghani’s abrupt and unceremonious dismissal from Twitter this week was bad? Check out these brutal executive ousters.
Everyone calm down. You’re all DEFINITELY pregnant.
The e-commerce company, which is 24% owned by Yahoo, filed to raise at least $1 billion. The company’s prospectus confirms what Yahoo investors already knew.
Yahoo is finally posting some growth in its search and display advertising revenue. It’s something CEO Marissa Mayer hasn’t quite been able to do since taking over, and investors are actually pleased.
The announcement comes less than two weeks after Anne Sweeney said she would be leaving. A successor to Sherwood at ABC News has not yet been named.
While it was expected this year, the company announced today that it’s starting the process. It’s a moment that Yahoo shareholders have been salivating over for years.
Will you go public, or get kicked out of your company? Find out below!
New data from Activist Insight suggests that activist investing for 2014 is already shaping up to outpace last year, and the companies targeted represent a diverse group of industries.
The company spent a lot of money buying companies and issuing a dividend to Yahoo shareholders. But its advertising business is still struggling, sending its stock down 5% today on its fourth-quarter earnings report.
Henrique DeCastro was fired by CEO Marissa Mayer, according to Re/code. But he is leaving with a huge golden parachute.
The uncanny familiarity with the two tech giants of yore’s search for a leader.
No email must be left unread. NO EMAIL MUST BE LEFT UNREAD.
Summly founder Nick D’Aloisio, in an interview with Yahoo’s David Pogue, touted his new app’s positive reviews. But who’s writing them?
BCC saves lives. Or at least your sanity.