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Wednesday, 27 July 2016 10:44

Verizon buys Yahoo for $4.8 billion

SAN FRANCISCO Seeking a wider digital audience, Verizon is buying Yahoo for $4.83 billion in a deal that marks the end of an era for a company that defined much of the early internet but struggled to stay relevant in an online world dominated by Google and Facebook.

Published in Biz
Wednesday, 15 June 2016 11:20

Yahoo puts patents on the auction block

SUNNYVALE, Calif. Yahoo is hoping to auction off most of its technology patents as part of a purge that also could culminate in the sale of its internet operations.

Published in Biz
Tuesday, 23 September 2014 23:09

Investors fret Yahoo's future

SAN FRANCISCO Yahoo may be losing some appeal on Wall Street now that U.S. investors can buy directly into Alibaba.

Yahoo's stock fell Monday as investors grappled with uncertainty about CEO Marissa Mayer's efforts to turn around the struggling Silicon Valley company. The sell-off came even though Yahoo reaped more than $9 billion last week from selling some of its stake in Alibaba, as the Chinese e-commerce company held a record-setting initial public offering of stock.

Published in Biz

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