Marissa Mayer

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Yahoo Investors Urge It To Spin Off Side Businesses, Sell Itself

Oct 7 2014 8:24am CDT | Source: bidness etc

Alibaba Group Holding Ltd (BABA) just had the biggest Initial Public Offering (IPO) in the history of the US market. This boded well for Yahoo! Inc. (YHOO), selling 122 million Alibaba shares and making $8.3 billion before tax. But the IPO also raised eye brows on Yahoo’s current valuation that marks Yahoo’s core business as almost worthless. A report from Bloomberg reveals that Starboard Value LP is ...
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Yahoo Beats Out Snapchat to Acquire MessageMe

Oct 4 2014 6:37am CDT | Source: bidness etc

Yahoo Inc. (YHOO) has acquired mobile messaging service MessageMe as confirmed by the startup. Yahoo, which was an early investor in Alibaba (BABA), has recently come out cash laden after the company’s successful IPO, which raised $25 billion in the largest IPO of all time. Following the successful IPO, which made Yahoo about $8 billion, company CEO Marissa Mayer announced that half of that cash will be returned to sha ...
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Latest stories

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What Can Yahoo Do Next?

Oct 1 2014 12:24pm CDT | Source: bidness etc

Yahoo! Inc. (YHOO) has to put the Alibaba Group Holding Ltd (BABA) IPO behind it and focus on its own growth strategy. The Sunnyvale, California-based company sold nearly 122 million Alibaba shares in the record offering, but still holds a 16.3% stake in the Chinese e-commerce giant. Despite reaping big gains from Alibaba’s listing, Yahoo shareholders are still not satisfied. This is because the company’s c ...
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Wal-Mart Adds Instagram CEO To Its Board

Sep 30 2014 8:19am CDT | Source: bidness etc

The world’s largest retail chain, Wal-Mart Stores, Inc. (WMT) has added Instagram CEO Kevin Systrom as its 15th and youngest member on the company’s board. This decision will be effective from Monday. Systrom, 30, is a graduate of Stanford University. He is an entrepreneur, engineer, and co-founder of Instagram, which was founded in 2010.  Instagram was sold to Facebook Inc (FB) in 2012 for $1 billion in cash and stock. At the time, Instagram was not generating any revenue. Systrom also worked a ...
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Should Yahoo! Inc. Acquire AOL?

Sep 27 2014 9:11am CDT | Source: bidness etc

Yahoo! Inc. (YHOO) has been unable to post positive annual revenue growth in the last five years. The company’s revenue declined from $7.2 billion to $4.7 billion between 2008 and 2013. But now, Yahoo Chief Executive Officer, Marissa Mayer has come up with a unique opportunity to turn the company around, thanks to the huge Alibaba payday that left the company with $5.1 billion in cash after taxes. Hence, it is not surprising to see activist investors like Starboard Va ...
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Yahoo And AOL Shares Pop After Activist Investor Urges A Merger

Sep 26 2014 11:41am CDT | Source: Deadline

Yahoo's up 3.5% and AOL's up 4% after  Jeffrey Smith's activist hedge fund, Starboard Value, called for Yahoo to buy AOL — and make other changes to “unlock” value for shareholders. A merger with AOL, he said in a letter today to Yahoo CEO Marissa Mayer, “could improve Yahoo's competitive position, deliver cost synergies of up to $1 billion, and potentially facilitate the realization of value from Yahoo's non-core e ...
Full article at: Deadline
 

 

Yahoo Agrees To Wait A Year Before Selling More Alibaba Shares

Sep 24 2014 5:11pm CDT | Source: Deadline

This may complicate any attempt by an activist investor to pressure CEO Marissa Mayer to unload more of the Chinese e-retailer's stock after its record-setting IPO last week. Yahoo still owns about 15% of Alibaba, about 383.6M shares, after selling 140M when it went public at $68 a share. Alibaba closed today at $90.57. But Yahoo says in an SEC filing today that it has a “lock-up agreement with the Underwriters r ...
Full article at: Deadline
 

 

This Is How The Alibaba IPO Impacts Yahoo

Sep 19 2014 12:08pm CDT | Source: bidness etc

Alibaba Group Holding Ltd (BABA) shares have began trading on the New York Stock Exchange, in a debut that has the world’s attention. One close observer is Yahoo! Inc. (YHOO), which had a 22.4% stake in the Chinese e-commerce giant immediately before the IPO. Of its 524 million shares in Alibaba, Yahoo has sold around 122 million shares, or 23% of its holding in the offering. Given the $68 price-tag and the 320 million ordinary shares on offer, the debut is set to raise $21.8 ...
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