Jack Ma, chief executive officer of the Alibaba Group, became the first party to publicly express interest in buying Yahoo when he talked about the struggling internet company while onstage at the China 2.0 conference at Stanford University.
 

Jack Ma "very interested" in buying Yahoo

Mr. Ma said: “We are very interested” in reply to a questioner who asked if Alibaba was considering buying Yahoo.  Ma’s statement confirmed what had already been reported; that Alibaba, …

Yahoo, based in Sunnyvale, California, has just re-launched a new Photo Session feature for Flickr that lets users in different locations browse pictures simultaneously.
 

Yahoo launches "Photo Session" for Flickr

The change comes amid a tumultuous time for Yahoo – the company has been struggling to maintain its position as one of the top internet companies, and just last month fired its controversial CEO Carol Bartz.  Earlier this month Yahoo employees were told in a …

Many parties are inquiring Yahoo advisers about various strategic options, reports Bloomberg.
Recently Jerry Yang, co-founder Yahoo issued a memo to employees, which was obtained by Bloomberg News. There were also signs of co-founder David Filo and Chairman Roy Bostock on the memo.
“Our advisers are working with us to develop ideas that we will pursue proactively,” says the memo. “They are fielding inquiries from multiple parties that have already expressed interest in a number of …

Yahoo sent out a company wide e-mail to all “Yahoos” (employees) on Friday informing them that it is carefully considering and reviewing a number of inquiries from multiple parties, indicating that the company may be sold or there may be a deal forthcoming involving an acquisition or merger.
 

Yahoo sends company wide email Friday informing employees it is fielding inquries from multiple parties.

The e-mail, which stated that it had hired the investment banking firm Allen & …

Silver Lake is considering a bid to buy Yahoo, reports Bloomberg citing some sources involved in the discussions.
If this deal is finalized, Silver Lake would sell off Yahoo’s Asian assets which include a 43 percent stake in Alibaba. It will then either focus on the main business operations of Yahoo or find a buyer for it.
Silver Lake, a private-equity investor, is also seeking partners for purchase of Yahoo’s main business and has also approached some companies.
Spokespersons of both …

Image: Sebastian Bergmann (CC-BY-SA-2.0), via Wikimedia Commons

American Internet firm Yahoo Inc. named Chief Financial Officer Timothy Morse as interim Chief Executive after firing Carol Bartz on Tuesday.
Ex-CEO Jerry Yang and David Filo, co-founders of Yahoo, will remain as Chief Yahoo and offer advices to Morse and the Executive Leadership Council.
With Bartz leaving, the Yahoo Executive Leadership Council members decided to fill certain positions with Blake Irving now Exec VP and Chief …

Carol Bartz, 62, who has been chief executive officer for Yahoo! since January 13th, 2009, informed her employees in an email on Tuesday that she had been relieved of her duties over the phone during a conversation with Yahoo chairman Roy Bostock.
 

Yahoo shares closed up 6pc after news broke that Bartz was let go.

Yahoo! operates the third most visited website in the world, but the company has been struggling to regain its footing over the last few years because of slow growth, …

Yahoo’s board of directors fired CEO Carol Bartz on Tuesday appointing Yahoo Chief Financial Officer Tim Morse as an interim CEO until a replacement for the former CEO will be hired.

Yahoo CEO Carol Bartz has been fired by the company’s board of directors on Tuesday. Image: Yodel Anecdotal / Flickr (CC)

The news was first reported by All Things Digital and later confirmed from a leaked memo Bartz wrote from her iPad addressed to Yahoo employees.
Here’s the full text of the memo, …

Japanese telecom firm Softbank revealed on Friday that it will be unloading almost its entire 4 percent stake in Yahoo! to Citibank as payment for a loan it received from the financial institution.

Softbank will transfer almost all of its 4 percent stake in Yahoo! to Citibank as payment for a 2004 loan. Image: MJ/TR (´･ω･) / Flickr (CC)

According to reports from the Agence France-Presse and Reuters, the transfer of the said stake to Citi will be to repay a $1.135 billion loan Softbank …

Yahoo announced this week it has reached two significant milestones: its web email service Yahoo!Mail now boasts 100 million active users, and its Facebook page, which it calls the “most explosive page” on the social network has attracted 500,000 fans.
 

Yahoo!Mail now boasts 100,000 active users in the United States

Yahoo reported in May that Yahoo!Mail had almost 90 million users in the U.S., making it the most used web mail service in that country, and 284 million active users …