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Latest Commerce Group News
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News Summary: Yahoo Selling Half of Alibaba Stake
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. BUYBACKS: After paying taxes, Yahoo expects to pocket about $4.2 billion
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Key Events Involving Yahoo and Its Performance
services worldwide, is named interim CEO. Sunday: Yahoo agrees to sell half of its prized stake in Chinese e- commerce group Alibaba for about $7.1 billion. The deal calls for Alibaba to buy back half of the 40 percent stake that Yahoo
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Yahoo to Sell Half of Its Alibaba Stake for $7.1BInternet 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. The deal, announced Sunday in the
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Nasdaq's Facebook Trading Fiasco
crisis meetings are being held this week. Struggling Internet firm Yahoo has grabbed a lifeline. The Chinese e- commerce group Alibaba has agreed to buy back half of Yahoo's stake in the company for more than $7 billion. The deal will enable
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Asia Stocks Mixed After G8 Vague on Europe Fix
0.2 percent a day after Yahoo Inc. announced it will sell back half of its 40 percent stake in the Chinese e- commerce group . Rising gold prices helped boost Hong Kong-listed Zijin Mining Group 3.7 percent. Benchmark oil for June delivery
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Ohio-Based Soap Box Derby Rebounding Financially
and the derby benefited from increased interest in gravity-powered racing in the area and fundraising by a local commerce group . Derby President Joe Mazur says the derby is trying to generate money through racing and educational programs. The
News
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AOL soaks up Silicon Valley spirit to inspire new apps
a reflection of the kind of company you are," says Brad Garlinghouse, AOL's president of the Applications and Commerce Group . "You get innovation," he insists, from "working in a space that's very open and doesn't have offices
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Some Say Post Office Has Few Options
mail, so the postal service is very important to us." Lou Mastria of the Direct Marketing Association, a mail commerce group , said catalogue companies and direct mailers also are looking for long-term changes, such as new laws that would
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RIAA: New Data Show Napster Hurt Sales
can t put your finger on it. To be honest, it wasn t a great music year, said Andreas Schmidt, chief of the e- commerce group at Bertelsmann, which has a financial stake in Napster. There were some isolated events, but we didn t put that
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Napster's Billion-Dollar Peace Offering
notice everyone in the music industry," said Andreas Schmidt, president and chief executive of Bertelsman's e- commerce group . This proposal, a sum based on the number of files traded on the Napster service, differs from the company's
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Industry Reacts to Napster Decision
Rolf Schmidt-Holtz said. "BMG recognizes the strong consumer demand for file sharing and will work with [BMG e- commerce group ] BeCG and Napster in developing industry-supported services that bring fans closer to their favorite artists
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Industry Reacts to Napster Decision
Rolf Schmidt-Holtz said. "BMG recognizes the strong consumer demand for file sharing and will work with [BMG e- commerce group ] BeCG and Napster in developing industry-supported services that bring fans closer to their favorite artists
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Industry Reacts to Napster Decision
Rolf Schmidt-Holtz said. "BMG recognizes the strong consumer demand for file sharing and will work with [BMG e- commerce group ] BeCG and Napster in developing industry-supported services that bring fans closer to their favorite artists
