Yahoo

Verizon considers buying Yahoo's internet business

Buying Yahoo seems to be a pretty good option for Verizon, as apparently wants to be an owner of all the old school internet portals. According to Reuters, Verizon Communications Inc is the No. 1 U.S. wireless carrier company. On December 7, its finance chief, Fran Shammo revealed that they have a deep interest in purchasing Yahoo Inc's core business.

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Marc Andreessen sold $160 million worth of his Facebook Shares

Respected investor and web-browser pioneer, Marc Andreessen who is also the owner of a joint venture firm, Andreessen Horowitz had sold nearly 75 percent of his stake in Facebook ahead of the holiday season. According to the regulatory filings, the total shares sold by Andreessen is about $160 million.

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Microsoft Announces Arrow Launcher for Android

Microsoft officially anounced its Arrow launcher for Android. A customization application that enable Android users to modify how their device look and behave. The application is now officially available for download in Android Google Play.

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Square picks Jacqueline Reses ahead of IPO

SanFrancisco-based financial services company Square has announced the appointment of Jacqueline Reses, outgoing chief development officer of Yahoo, as its head of its business financing division Square Capital. Square is in the process of going for an initial public offer (IPO). Square wants to send a message to the capital market that how strong is its top managerial board. The hiring of Reses will enable Square Capital to tap potential areas of business growth where traditional business firms ignore.

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IRS Rejects Yahoo's Tax-Free Alibaba Spin-off Request, Sending Stocks Down 4%

IRS declined to bless Yahoo's planned tax-free Alibaba spin-off, sending its shares down about 4%. According to Business Insider, Yahoo owns 384 million shares of Chinese tech giant Alibaba, which is worth $23 billion. Yahoo plans to turn that into a separate company with its small-business unit in a tax-free transaction that allows it to give much of the value back to Yahoo shareholders. However, IRS declined to grant Yahoo's request. It doesn't mean the IRS rejected Yahoo's plan directly. IRS is simply telling Yahoo it can't be too confident about the approval of the deal.

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BuzzFeed enters TV and film with the NBCUniversal deal

Online publication BuzzFeed announced on Tuesday that NBCUniversal agreed to invest $200M for the website to expand on movies and TV.

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Stewart Butterfield on leadership: I am a terrible manager

In an interview, the CEO of $2.4B worth Slack app and Flickr co-founder, Stewart Butterfield, admitted he is a 'terrible manager'.

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Yahoo paid out more that $1 million to vulnerability reporters in their Bug Bounty Program

Yahoo has revealed that it has spent more than $1 million dollars for security researchers participating in their Bug Bounty Program.

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Flipboard raises new $50M fund for expansion - reports

Popular news-reading app Flipboard has raised $50 million from a sole investor to boost manpower and infrastructure, reports say.

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Yahoo unleashes all-new daily fantasy sports league, expects it to be a game changer

Yahoo's official launch of its daily fantasy sports league has stirred a joyful gush of excitement among the millions of fantasy users across the world. Yahoo Sports has been a leader in entertaining their fans with highly engaging sports updates, news, events and mainly sports fantasy contests and appealing prizes.

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Yahoo shares plunge on report IRS considering spin-off rule changes

Shares in Yahoo Inc (YHOO.O) fell 7.6 percent on Tuesday, as the stock sold off dramatically in the last 20 minutes of the trading day on worries that a potential change in U.S. tax regulations would affect Yahoo's expected spinoff of its stake in Alibaba Group Holding Ltd (BABA.N).

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Yahoo and Facebook shares outperform Google in Frankfurt

The Frankfurt-listed shares of Internet companies Yahoo and Facebook outperformed those of rival Google, after media reports that Google would face anti-trust action from the European Union.

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Starboard urges Yahoo to buy back up to $4 billion of shares

Yahoo Inc shareholder Starboard Value LP said the company's spinoff of its stake in Alibaba Group Holding Ltd was a "good first step" but it could do more, including a share buyback of up to $4 billion.

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Yahoo sets Alibaba stake spinoff plan, shares jump

Yahoo Inc (YHOO.O) plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd (BABA.N), responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40 billion.

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Yahoo usurps Google in Firefox search deal

Yahoo Inc struck a deal with Firefox maker Mozilla Corp to replace Google Inc as the default search engine on the Firefox Web browser in the United States, a move that Yahoo Chief Executive Marissa Mayer said will help boost its flagging search market share.

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