Yahoo Sales And CEOs: What They’re Saying
It’s time for another round of what they’re saying about Yahoo.
It seems like an eternity ago that Yahoo ousted CEO Carol Bartz. In Internet time, it may as well have been that long, though it was really only September.
In that time, we’ve seen limitless specualtion and rumor about what the company would be doing. And that continues, though this might be a little bit more substantial.
Yahoo is reportedly considering a sale of its Asian assets. The New York Times’ Dealbook is reporting, citing “people briefed on the matter” that it’s considering the sale of its holdings in Alibaba group and its Japanese affiliate back to their majority owners in a $17 billion deal, and that the meetings are expected to go down tomorrow.
CNN Money says Yahoo’s entire market cap is just over $18 billion, and asks if this means if Yahoo itself is only worth around $1 billion. They added in an update, “Some readers have pointed out that Yahoo currently has $2.11 billion of cash sitting on its balance sheet. Does that somehow make the value of its U.S. assets negative? Something seems very wrong here…”
Beyond that, Kara Swisher is reporting that the company has “intensified” its search for a CEO, and that Hulu’s Jason Kilar is its “dream unicorn candidate”. She also mentions Google business lead Nikesh Arora, Juniper CEO Kevin Johnson, entrepreneur Brian McAndrews, and “others”.
In other Yahoo news, the company did release a new version of its LiveStand iPad app today. Included in that: a new recipe finder, local deals from Groupon, LivingSocial, Bloomspot, etc. , guest mode and Twitter integration. It also includes new publications like: Shine from Yahoo, Technology Review by MIT, The Ticket from Yahoo News, Minyanville, Victorian Christmas and Big Think.