WebProNews

Yahoo Exchanges Alibaba.com Stake For $150M

Yahoo should soon have about $150 million more to its name.  By selling 57.48 million shares, the Sunnyvale-based company is liquidating its stake in Chinese business-to-business site Alibaba.com and collecting a tidy profit.

Alibaba Suffers As Microsoft Drops Yahoo Deal

Shares of Alibaba, where Yahoo holds a 40 percent stake, dropped nearly 5 percent on the Hong Kong market with the collapse of Yahoo's deal with Microsoft.

Microsoft's Potential Yahoo Buy Could Lose Alibaba

Jerry Yang thinks Alibaba represents part of the growth Yahoo will enjoy over the next two years, but it may not be so if Microsoft acquires Yahoo.

Alibaba, Beijing Fear Microsoft's Business Tactics

Look for Jack Ma's Alibaba to become part of the Microsoft-Yahoo discussions due to Yahoo's sizable stake in the company.

Softbank's Net Profits Up By 221 Percent

A company with “soft” in its name might be tempting fate - poor financial performances would be all too appropriate.  Softbank isn’t having that problem, though, and instead, the Japanese telecommunications giant saw its net profits rise by 221 percent over a certain period.

Yahoo's Stock Climbs On Yet-To-Occur Alibaba IPO

Up and down, down and up - it just sort of meandered along for a while.  But on Friday afternoon, Yahoo’s stock took more of an “up, up, and away” approach due to Alibaba.com’s impending IPO.

Alibaba Discusses IPO Date, Amount

Alibaba has released details regarding its initial public offering: the event should take place on November 6th, and is intended to raise about $1.5 billion.  Also, if earlier reports hold true, that’ll mean Yahoo could shell out around $150 million.

Yahoo To Jump On Alibaba IPO

When Alibaba holds its IPO, Yahoo will be first in line, and the search engine company will reportedly have enough cash in hand to buy 10 percent of the available shares.

Alibaba May IPO

The Alibaba Group, which took over Yahoo China in 2005, is now preparing to hold an IPO on the Hong Kong stock market.  Other details, such as “when” and “how much,” remain largely unknown.

China's Brief Block On Yahoo Resolved

Google’s had its problems in China, but for a day or so, it seemed like Yahoo had been knocked out of the running entirely - the main site was inaccessible from within that country.  The block has now been removed.