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Tue May 21, 2013 Yahoo Inc. will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. The deal,
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Billionaire hedge fund manager Daniel Loeb says Sony Corp reminds him of Yahoo Inc before he waged a bitter proxy fight that triggered a boardroom shake-out at the Internet company last year. Loeb's Third Point hedge fund has built up a $1.1 billion
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The company is looking to get 18-34 year olds interested in its products, according to Business Insider. Yahoo CFO Ken Goldman talked about the effort at a conference in Boston on Tuesday, but did not disclose the cost of the marketing plan. Goldman
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Loeb, who has made big profits on his bets on Greek bonds, mortgages, website operator Yahoo Inc and a fall in the Japanese yen, on Tuesday disclosed that he holds a bit more than 6 percent of Sony and said a spinoff of the company's entertainment
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Yahoo Inc., once the darling of the Internet that's struggling to turn itself around, wants be cool again. Yahoo Chief Financial Officer Ken Goldman admitted Tuesday that the Internet company has an aging demographic and is trying to win over new
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Snip.it, Alike and Jybe- it bought in the most recent quarter...CEO Marissa Mayer has been in acquisition mode, spending $10 million on three startup buys in the most recent quarter. Numbers revealed in Yahoo's 10-Q filing with the Securities and
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JIA in San Francisco ( China Daily) E-commerce giant overtakes Tencent to be most profitable Internet firm Alibaba Group Holding Ltd, China's biggest e-commerce company, has overtaken Tencent Holdings Ltd to become the country's most profitable
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Microsoft extends search guarantee in Yahoo deal Microsoft extends search guarantee in Yahoo deal Microsoft has extended a guarantee that provides Yahoo with financial protection as part of the two companies' Internet search partnership. France
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Tony Manfred, Laura Stampler (left), Aly Weisman (rear), and Leah Goldman. In case you want a vivid example of how the Wall Street and tech worlds have changed in the past couple of decades... Business Insider is now a much bigger company than 1990s
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The Associated Press Companies that sell online advertising have begun releasing earnings reports for the latest quarter. April 16: Yahoo Inc. says first-quarter revenue shrank by 7 percent...After subtracting the commissions that Yahoo pays its
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