Yahoo is turning to its longtime nemesis to fix everything that has gone wrong while Google Inc. has been cementing its position as the Internet’s most powerful company.
Yahoo’s negotiations to sell most of its Asian holdings have abruptly broken down in a disagreement over the sales price and the best way to get the complex deal done.
Yahoo Inc. has named Scott Thompson, president of eBay Inc.’s PayPal division, as its new CEO.
It looks as if Microsoft wants a seat at the negotiating table if Yahoo decides to sell part or all of its business.
Yahoo’s third-quarter results showed little evidence of ending the financial funk that got former CEO Carol Bartz fired last month.
Yahoo Inc.’s stock price soared more than 10 percent late Wednesday on hopes that its once-spurned suitor, Microsoft, will return with another takeover bid now that the struggling Internet company is mulling a possible sale.
Yahoo has given interim CEO Tim Morse a 25 percent raise for stepping into the leadership void created by the struggling Internet company’s recent firing of Carol Bartz.
A major Yahoo shareholder seeking to oust Chairman Roy Bostock is urging company co-founder Jerry Yang to join the crusade.
Carol Bartz has resigned from the Yahoo board of directors that she blasted for firing her as the company’s CEO last week.
SUNNYVALE (CBS/AP) — An activist investor has bought a 5.2 percent stake in troubled Web portal Yahoo Inc. and released a public letter Thursday calling for sweeping changes to the board. The letter from Daniel […]