Recent headlines | VLC hits milestone: over 5 billion downloads 2

AfterDawn > News > Alibaba looking to buy Yahoo

Alibaba looking to buy Yahoo

Written by Andre Yoskowitz @ 02 Oct 2011 1:25 User comments (3)

According to multiple sources, Alibaba CEO Jack Ma is "very interested" in buying Yahoo.

Says the chairman:

We are very interested in Yahoo. Our Alibaba group is important to Yahoo, and Yahoo is important to us? All the serious buyers interested in Yahoo have talked to us.

Alibaba is China-based and is one of the largest online marketplaces for business-to-business trade around the world. Additionally, the group has a payment platform, a shopping search engine, and cloud computing services.

Yahoo has a 40 percent stake in Alibaba.com, and it is one of the company's biggest money producers.

To gain that stake, Yahoo gave its Yahoo China business completely to Alibaba and invested $1 billion.

Tags: Yahoo acquisitions Alibaba

<22,000 alleged 'Hurt Locker' pirates are let off the hook >Gears of War 3 sells 3 million copies

Previous Next

3 user comments

12.10.2011 14:12

LordRuss

Send private message to this user

Senior Member

Great... You mean to tell me my favorite email service has probably already been gawked at by Communist Chinese sympathizers for god knows how many years?

I should fall on my sword now & get over with...

22.10.2011 16:05

Notcow

Send private message to this user

Member

I'm okay with this, as long as I don't suddenly start receiving pro-Communist propaganda. Yahoo needs to be bought, and now, by a company who at least knows what they're doing. God knows Yahoo Inc. has no idea which direction is forward.

I use Yahoo! Mail as my main email address, and I honestly don't think they could churn out a Yahoo! Mail update that was more backwards than the most recent one if they tried.

32.10.2011 21:20

xaznboitx

Send private message to this user

Senior Member

so ATT will be working with Canada company now? Yahoo dsl is ATT

Comments have been disabled for this article.

Latest news

	VLC hits milestone: over 5 billion downloads (16 Mar 2024 4:31) VLC Media Player, the versatile video-software powerhouse, has achieved a remarkable feat: it has been downloaded over 5 billion times. 2 user comments
	Sideloading apps to Android gets easier, as Google settles its lawsuit (19 Dec 2023 11:09) Google settled its lawsuit in September 2023, and one of the settlement terms was that the way applications are installed on Android from outside the Google Play Store must become simpler. In the future, installing APK files will be easier. 8 user comments
	Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets (06 Jun 2023 9:19) Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.
	Neato, the robot vacuum company, ends its operations (02 May 2023 3:38) Neato Robotics has ceased its operations. American robot vacuum pioneer founded in 2005 has finally called it quits and company will cease its operations and sales. Only a skeleton crew will remain who will keep the servers running until 2028. 5 user comments
	How to Send Messages to Yourself on WhatsApp (20 Mar 2023 1:25) The world's most popular messaging platform, Meta-owned WhatsApp has enabled sending messages to yourself. While at first, this might seem like an odd feature, it can be very useful in a lot of situations. .... 18 user comments

Reviews

	Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.
	Review: Samsung Jet Bot 90 AI+ - a high-end robot vacuum cleaner Samsung's Jet Bot 90 AI+ is a top-class robot vacuum cleaner that can avoid obstacles and empty its own dust container. Here we review the product. 1 user comment
	Samsung Jet Bot 80+ review - excellent robot vacuum cleaner We review Samsung's Jet Bot 80+ robot vacuum cleaner over a period of three months. 1 user comment

Guides

	Guide: Is Your Wi-Fi Sluggish or Slow? Here's How to Fix Do you have problems with you Wi-Fi? Slow connection or is it cutting off constantly? This guide aims to remedy these problems. 1 user comment
	What happens if you don't update Android? Sometimes it can be tempting to avoid updating to a new Android version. What happens if you decide to delay major updates to the OS?
	HOWTO: Boot Android device into Safe Mode Are you having trouble with your Android device? If you find that your device has become sluggish, is freezing, takes too long to boot or any of a host of other performance concerns, you may want to boot into Safe Mode.
	GUIDE: Wi-Fi speeds are slow? Here are some tips Having problems with Wi-Fi speed and stability at home? Here are some tips to follow to alleviate the issues. 1 user comment
	Guide: Phone battery drains quickly - how to fix (iPhone / Android) In this guide, we go through the most typical reasons for rapid battery drain with phones, and look at potential reasons or solutions.

Alibaba looking to buy Yahoo

3 user comments

Latest news

Reviews

Guides

News archive

Subscribe

Sections:

Follow us: