A Bloomberg report said the move to get former CBS anchor Katie Couric to join the team at Yahoo! Inc was an accelerated effort of Chief Executive Officer Marissa Mayer's efforts to reinvigorate the tech giant's business.
Yahoo's USD 1 billion convertible bond offer and USD 5 billion stock buyback authorization was made to protect the company's stock price, writes Stephen Gandel on Fortune's Term Sheet.
According to news agency AFP, video platform Dailymotion intended to continue with its acquisition and Asian expansion plans despite failed buyout talks between its parent company Orange and Yahoo Inc.
Yahoo, which owns 24% of ecommerce giant Alibaba, reaps revenues prior to the IPO.
Startup company Slice received USD23 million in Series B funding from Japan's Rakuten, among others.
Digital analytics corporation ComScore said Yahoo beat Google for the month of July with 196,564,000 visits.
ShopRunner added to Alibaba's recent purchases made to help in the former's IPO.
Alibaba bought stake in online shopping firm ShopRunner for USD75 million as it prepares for its initial public offering in Hong Kong.
Yahoo Inc named Maynard Webb as the company's chairman, as Marissa Mayer continued her efforts to turn the internet corporation around.
Yahoo entered into new partnership with Perion Network Ltd, which can benefit both parties by improving their individual services.
Tumblr founder David Karp gets US$110 million to remain in the company for the next four years.
Yahoo! revealed that it had now acquired Lexity, a venture firm started by its former employee.
Analysts said that the president and CEO of Yahoo's purchase spree was all about catching up in the mobile space.
The US FTC updated its 2012 advertising guidelines and sent a letter warning Google, Yahoo, Microsoft, and other internet search companies to follow or be fined.
Google's mess in China should concern the company as it brings risks of being used as a blueprint in the US.