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Verizon CFO Says It Is "Premature" to Talk About a Possible Yahoo...

2015-12-07 19:10:38| IT Services - Topix.net

Telecom giant Verizon's CFO Fran Shammo was asked on Monday at the UBS Global Media and Communications Conference in New York about the possible sale of Yahoo's core Internet business. Asked if Verizon could look at acquiring the business after buying AOL this year, Shammo said: "We look at everything across the spectrum."

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Yahoo Reintroduces a Messenger for This Millennium

2015-12-04 21:05:08| TechNewsWorld

In the midst of takeover speculation, Yahoo on Thursday reintroduced its standby Messenger app in a more robust version, with a set of features designed to breathe new life into a semi-comatose patient. Yahoo completely rebuilt the app with a focus on sharing images and online conversations. Tapping its Flickr, Tumblr and Xobni properties, Yahoo created some collaborative juice.

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Yahoo Messenger Returns to Do Battle With Snapchat, WhatsApp

2015-12-03 22:02:10| PC Magazine Software Product Guide

New features include bulk photo sharing, easy access to GIFs, and a Snapchat-esque remote delete function.

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Investors cheer Yahoo shares rise as board meets and considers sale of Web business

2015-12-03 01:53:07| IT Services - Topix.net

Plans by Yahoo Inc's board to consider selling its struggling Internet business sent the company's shares up more than 5 percent on Wednesday, as investors cheered a potential new way to separate Yahoo's traditional services from its valuable investment in Chinese Web merchant Alibaba. Yahoo's board will weigh a sale of the Internet business at a three-day board meeting starting on Wednesday, a source familiar with the matter told Reuters on Tuesday.

Tags: web business board sale

 

Yahoo to consider sale of core internet business - report

2015-12-02 08:20:00| Telecompaper Headlines

(Telecompaper) Yahoo's board is planning a series of meetings this week to consider selling off the company's internet businesses and how to monetise its stake in Alibaba Group, the Wall Street Journal reports. The board is expected to discuss options in sessions beginning Wednesday and continuing through Friday, according to people familiar with the plans. They will consider whether to proceed with the planned spin-off of the stake in Alibaba, currently worth more than USD 30 billion, find a buyer for Yahoo's web properties, or both, the report said. Private equity firms are expected to be among those taking a look at Yahoo's core business, which includes properties such as Yahoo Mail and Yahoo News. Together its sites are the third-most visited in the US, with 210 million visitors in October, according to ComScore. Investor Starboard Valu last month called on the company to halt its Alibaba spin-off and instead find a buyer for its internet business. This followed the federal government's decision not to rule on whether the Alibaba spin-off would incur billions of dollars in taxes.

Tags: internet business report sale

 

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