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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 ra ...
Full article at: bidness etc
 

 

Pandora Falters After Rising On Improbable Takeover Rumor

Aug 12 2014 2:51pm CDT | Source: bidness etc

Pandora Media Inc (P) has lost significant ground since it made its all-time high of around $40 in March this year. However, investor interest spiked up once again on acquisition rumors of the internet radio company by tech giant Yahoo! Inc. (YHOO). The rumors were reported by news site Zero Hedge. Details are scant with no official announcement coming in from either Yahoo or Pandora. Pandora stock is already trading at a slightly higher forward p ...
Full article at: bidness etc
 

 

Latest stories

Nicolas Cage hurt by 'snarky comments'
Nicolas Cage hurt by 'snarky comments'
'Kick-Ass' star Nicolas Cage has admitted ''snarky comments'' from critics and movie fans can ''get under'' his skin, and he often complaints to his wife about what the public have said about him. | by Bang Showbiz
 
Roberto Orci drops out of Power Rangers reboot
Roberto Orci drops out of Power Rangers reboot
Roberto Orci has been forced to quit his role as executive producer in the 'Power Rangers' reboot due to a conflicting schedule. | by Bang Showbiz
 
Release date revealed for The Maze Runner sequel
Release date revealed for The Maze Runner sequel
20th Century Fox has confirmed that the sequel to 'The Maze Runner' will be released on September 18, 2015 | by Bang Showbiz
 
 

Cablevision Hiring Of Former Yahoo Tech Chief Spotlights WiFi Build Out

Aug 4 2014 2:26pm CDT | Source: Deadline

David Dibble just spent six years at Yahoo and has never worked in cable — and Cablevision has never had a chief technology officer. Yet this could be a good fit considering how eager Cablevision is to built out its Optimum WiFi network, along with other digital initiatives. The former Yahoo EVP of Central Technology, and adviser to CEO Marissa Mayer, will take the new gig next month, reporting to CEO ...
Full article at: Deadline
 

 


 

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