Alibaba.com $2.5B privatization bid approved
(AP) -- Chinese e-commerce firm Alibaba Group's $2.5 billion bid to take its Hong Kong-listed unit private was cleared Friday by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company's ...
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.
Jack Ma: English teacher turned Internet billionaire
After being knocked back by American venture capitalists in 1999, Jack Ma -- a cash-strapped entrepreneur -- convinced friends to give him $60,000 to start Chinese online retailer Alibaba.com.
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.
Ousted Yahoo! CEO Scott Thompson has cancer: report
Ousted Yahoo! chief executive Scott Thompson told board members before his resignation that he has cancer, the Wall Street Journal reported Monday.
Houston lawyer on quest to find missing moon rocks
(AP) -- The dark suit and tie Joe Gutheinz wore set him apart from other customers inside a Texas eatery where the usual attire is jeans and cowboy hats.
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 ...
Japan's Softbank ties up with eBay in online billing
Internet auction giant eBay and mobile phone operator Softbank said Wednesday they were teaming up to bring the US firm's PayPal online billing system to Japan for the first time.
Yahoo confirms misleading info on new CEO's resume
(AP) -- A disgruntled Yahoo shareholder questioned the qualifications and integrity of recently hired CEO Scott Thompson after exposing a misrepresentation about the executive's education.
SingTel-owned US mobile ad firm looks to Asia
The chief executive of Amobee, the US mobile advertising start-up recently acquired by Singapore Telecom (SingTel), said Wednesday the company is set to aggressively expand its Asian operations.
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 ...
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.
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 ...
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.