Billionaire Warren Buffett is willing to back one of the bidders for troubled Internet pioneer Yahoo, CNBC television reported Monday.
Yahoo's struggling Internet business took a hit with the loss of a long-time contract to manage the Internet portal and search for US telecommunication giant AT&T.
Yahoo CEO Marissa Mayer will walk away with a $55 million severance package if the company's auction of its Internet operations culminates in a sale that ousts her from her job.
Yahoo averted a proxy battle for control of the company with a compromise Wednesday that adds four new board members, including a hedge fund chief who has been critical of management.
Shortlisted as a potential buyer of US Internet giant Yahoo, the Daily Mail has made an online empire out of the kind of content readers can't resist clicking on.
The parent group of British tabloid The Daily Mail said Wednesday it has not made a bid for struggling US Internet giant Yahoo, but remained in talks with interested parties.
Yahoo may have hung out a "for sale" sign, but it hasn't done much to improve its curb appeal.
Yahoo reported a quarterly loss on Tuesday as the struggling Internet pioneer continued to court potential buyers and examine other strategic options.
US telecoms giant Verizon has emerged as a leading contender to take over struggling Internet pioneer Yahoo as other big names reportedly drop out, US financial media said ahead of quarterly results Tuesday that are expected ...
Yahoo is poised to report quarterly earnings Tuesday that could make it tougher to convince buyers the struggling Internet pioneer is worth their interest.