Alibaba closed the repurchase of half of Yahoo’s interest in their business this week, in a deal worth $7.6 billion. Yahoo CEO Marissa Mayer announced a $3.65 billion payout for investors, with the remainder to be used for future growth.
Microsoft was set to save Yahoo from certain death with a solid offer to purchase assets, or so we thought. According to yesterday's shareholder presentation, the deal wasn't such a great idea.
After the year that Google has had with their IPO and the success of their stock, I would have thought that Google’s ... read more