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Business

Yahoo buys Tumblr

Yahoo has announced it is buying networking and blogging website Tumblr. The deal is worth over one billion dollars, that’s around around 850

Business

Yahoo cashes in Chinese stake

Yahoo is selling half of its 40% stake in the dominant Chinese e-retailer Alibaba back to its founder, Jack Ma, for just over five and a half billion

Business

Yahoo shrinks to grow

Yahoo is to lay off 2,000 people, that is 15 percent of its workforce. The web company’s deepest round of job cuts in years come as new chief

Business

Yahoo's Yang resigns

Yahoo’s co-founder Jerry Yang has quit the struggling internet firm he started in 1995.   Yang’s been criticised by shareholders for impeding

Business

Yahoo's Bartz fired by phone

Yahoo’s shares shot up after the struggling internet company fired its chief executive Carol Bartz. In a message to Yahoo employees Bartz said

Business

Yahoo warns of weak revenue

Internet portal Yahoo has warned that revenue will again slide this quarter as it continues to lose market share to Google and Facebook. Yahoo

Business

Yahoo boss steps down

Jerry Yang, the embattled chief executive of Yahoo, is quitting and his departure caused the internet company’s shares to shoot up. Yang will step