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.
How do goats have anything to do with Google??
BlackBerry has been in the middle of a turnaround for the past two years and just ousted a bunch of executives earlier this week. They aren’t the only ones that have failed to find ways to turn around a floundering tech giant.
Couric has been a special correspondent for ABC News and hosted the daytime talk show, Katie, for the last two years.
Yahoo is also upping its buyback program to $5 billion.
The team at Yahoo’s SketchY weekly comedy web series just dropped an anvil on the sports world, and it’s amazing.
Yahoo has a huge stake in Alibaba, an e-commerce company that is basically the equivalent of Amazon in China. That company just reported a blowout day in sales on one of China’s biggest shopping days.
Here’s a handy and fun outline to fill in and use to play along with the activist investor as he wages battles on company after company.
Yahoo has decided to hold onto an extra 53 million shares to take advantage of the Asian e-commerce company’s expected post-IPO pop.
Erle Norton will today be named executive producer of ABC News Digital, overseeing editorial and video operations across ABCNews.com.
A measure of success! Of sorts. And the numbers don’t even include Tumblr yet.
DraftStreet, the fantasy sports website that allows for daily and weekly instead of full-season play, will bring 40 players to Las Vegas to compete in a tournament with a $1 million grand prize, the largest single guaranteed award in fantasy sports history.
Bloomberg has a huge report on the state of activist investing. Here’s the basic summary of some of the biggest campaigns, laid out in one simple chart.
Foursquare sells a lot of ads, but the biggest upside for the location-sharing startup may be in selling its data. And sources say Yahoo is interested.
T.R. Newcomb is in charge of corporate development in New York, and he is shopping around for startups.
He has a whopping retention package of more than $80 million for staying at Yahoo. The catch: it keeps him locked up for at least four years.
Icahn is as well known for his fiery temper and pointed one-liners as he is for his hedge fund’s activist investing.
Dan Loeb, the activist-investor who leads hedge fund Third Point, sold 40 million shares of Yahoo stock Monday, effectively ended his campaign against the company.Loeb made more than $600 million during his 21 month Yahoo crusade.
Hedge funder Dan Loeb and Third Point sold 40 million shares of its stake in Yahoo today. It brings to a close one of the most successful activist investor periods in tech.
But, not necessarily Marissa Mayer.
Yahoo just reported second-quarter earnings, bringing Marissa Mayer’s first year as CEO of the company full circle. Here’s how she performed based on seven key line items in the company’s financial report for this year versus the same period last year when she took over.
So, he got that one right.
Smartphone maker BlackBerry has lost about $3 billion in market value during Thorsten Heins’ less than two years as CEO. Has anyone fared worse in attempting a turnaround?
Plus the iPhone that exploded a breast implant, the baby-naming trend inspired by Game of Thrones, and celeb couples who manage to be even cuter off-screen than on.