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Yahoo's $7.1B deal with Alibaba offers ray of hope

After years of mortifying missteps, Yahoo Inc. finally has something to boast about: a multibillion-dollar windfall from a savvy investment in China.

Technology / Business

created May 21, 2012 | popularity 1 / 5 (1) | comments 0

Yahoo's new boss revamps recently created division

(AP) -- Yahoo's new boss is reorganizing a consumer-commerce division created by recently dispatched CEO Scott Thompson.

Technology / Business

created May 18, 2012 | popularity not rated yet | comments 0

Source: Yahoo CEO says he didn't mislead company

(AP) -- Yahoo CEO Scott Thompson is assuring his colleagues that he didn't supply the incorrect information that led the troubled Internet company to list a bogus college degree in his official biography, according to a ...

Technology / Business

created May 11, 2012 | popularity not rated yet | comments 1

EBay posts higher 1Q net income and revenue

(AP) -- EBay's first-quarter net income grew 20 percent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites. The results beat Wall Street's expectations and investors sent the company's ...

Technology / Business

created Apr 18, 2012 | popularity 1 / 5 (2) | comments 0

Yahoo CEO to outline his strategy with 1Q results

(AP) -- Yahoo CEO Scott Thompson is expected to elaborate on his turnaround plans when the beleaguered Internet company releases its first-quarter results.

Technology / Business

created Apr 13, 2012 | popularity not rated yet | comments 0

HP shows recovery following PC flip-flop fallout

(AP) -- Hewlett-Packard Co. is showing signs of recovery as it strengthened its position as the world's largest maker of personal computers and gained back some of the business it had lost while weighing ...

Technology / Business

created Apr 12, 2012 | popularity 5 / 5 (1) | comments 0

Yahoo CEO tries to reassure workers after layoffs

(AP) -- Yahoo CEO Scott Thompson plans to tell the struggling Internet company's employees more about his turnaround strategy next week.

Technology / Business

created Apr 06, 2012 | popularity not rated yet | comments 13

New Yahoo CEO sweeps out 2,000 employees in purge

(AP) -- Yahoo's turnaround attempt is going to be messy. In his first three months on the job, CEO Scott Thompson has imposed the largest layoffs in the company's 17-year history, reshaped the board of directors, ...

Technology / Business

created Apr 04, 2012 | popularity 1 / 5 (2) | comments 3

Yahoo appoints 3 to board in response to investor

(AP) -- Internet company Yahoo has appointed three members to its board of directors, gearing up for a proxy fight with one of its largest shareholders.

Technology / Business

created Mar 25, 2012 | popularity not rated yet | comments 0

Small businesses see mobile payments as chance to lower costs

Urban Bean manager Liz Abene started hunting for a new way to process card payments after the coffee shop's transaction fees skyrocketed. It was costing $60 a month, she said, just to have the credit card equipment on the ...

Technology / Telecom

created Jan 18, 2012 | popularity not rated yet | comments 0

New Yahoo CEO can't afford to dawdle on to-do list

(AP) -- When he takes over as Yahoo's CEO next week, Scott Thompson will be under more intense scrutiny than he faced the past three years while crafting PayPal's online payments service into one of the crown jewels in eBay ...

Technology / Business

created Jan 05, 2012 | popularity not rated yet | comments 0

Businesses churn out apps blending real, virtual worlds

You point your smartphone at an Italian restaurant, and diner reviews of its lasagna pop up on-screen.

Technology / Software

created Oct 20, 2011 | popularity not rated yet | comments 0

Report: H-P bolsters defenses, hires Goldman Sachs

(AP) -- Hewlett-Packard is beefing up its defenses in an effort to fend off activist investors who, with enough shares, could demand drastic changes at the company, according to a published report.

Technology / Business

created Sep 29, 2011 | popularity not rated yet | comments 0

EBay's PayPal envisions doubling in size by 2011

(AP) -- EBay Inc.'s name may conjure images of online auctions, but the company is hoping to turn attention to its second-largest business - PayPal - which it expects to blossom significantly in the next few years.

Technology / Internet

created Mar 11, 2009 | popularity 4 / 5 (1) | comments 0

PayPal taps mobile chief Marcus as president

(AP) -- PayPal's mobile unit chief will become the online payments service's next president.

Technology / Business

created Mar 29, 2012 | popularity 5 / 5 (1) | comments 0


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