(AP) -- Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.
Business
May 21, 2012
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(AP) -- Alibaba Group and Japan's Softbank will go directly to Yahoo's chief executive, bypassing negotiators from the U.S. Internet company, after talks over the sale of Yahoo's Asian holdings broke down, a person familiar ...
Business
Feb 15, 2012
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(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 ...
Business
Jan 5, 2012
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Coupang, a South Korean online shopping site, has secured a $1 billion investment from Japanese Internet company Softbank Corp.
Business
Jun 3, 2015
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Sprint says it's eliminating about 800 customer service jobs because fewer people are calling its centers. With growth in other parts of the business, Sprint says it expects the company's work force to remain at about 40,000.
Business
Aug 27, 2013
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Sprint Nextel, the third largest U.S. wireless carrier, is now under the control of the Japanese investment firm SoftBank.
Telecom
Jul 11, 2013
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The Federal Communications Commission says it approved Softbank Corp.'s bid for Sprint Nextel Corp.
Business
Jul 5, 2013
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(AP)—The chairman of Dish Network, which is trying to buy Sprint, is daring Sprint's other suitor to raise its bid.
Business
May 9, 2013
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SoftBank Corp. says it believes its bid for U.S. wireless carrier Sprint Nextel is a better choice than the $25.5 billion counteroffer by Dish Network Corp.
Business
Apr 16, 2013
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Sprint Nextel, the country's third largest wireless carrier, says it lost $1.3 billion in its fourth quarter, about the same as a year ago, as it revamped its network for a comeback versus bigger competitors.
Business
Feb 7, 2013
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