03 Oct '11, 10am

Alibaba CEO has his sights set on buying Yahoo

NEW YORK - Six years after Yahoo paid more than US$1 billion (S$1.31 billion) to become the biggest investor in Alibaba Group Holding, it is now a potential takeover target for the Chinese Internet company. Yahoo, which fired CEO Carol Bartz last month, owns 40 per cent of Alibaba and a deal would give Alibaba CEO Jack Ma more control over his Hangzhou-based e-commerce company. "Jack has a strong desire and motivation to take over Yahoo to regain control of Alibaba's destiny," said Mr Duncan Clark, chairman of telecommunications consulting firm BDA China. Mr Clark hinted in a email that Mr Ma's existing relationship with Yahoo may give him an advantage in putting a deal together. Since Yahoo bought the stake, it has been eclipsed by Google as a United States search engine, while China's Internet users have risen five-fold to almost 500 million. The search giant is reviewin...

Full article: http://www.todayonline.com/World/EDC111003-0000471/Alibab...

Tweets

So What Happens If Alibaba Buys Yahoo?

thedomains.com 02 Oct '11, 2pm

According to several report the China Internet giant Alibaba Group is very interested in buying Yahoo. The Chairman and CE...

Alibaba Group & Partners Considering Purchasing Yahoo

Alibaba Group & Partners Considering Purchasing...

searchenginejournal.com 05 Oct '11, 2pm

Last week at Stanford University, Alibaba Group Chairman Jack Ma indicated that he is very interested in purchasing Yahoo....

SNA - Temasek may provide fund for Alibaba to b...

Oct. 10 (Bloomberg) -- Alibaba Group Holding Ltd. has talked with Singapore’s Temasek Holdings Pte about providing financi...

Profound change for Facebook set to 'lock in' u...

sg.news.yahoo.com 30 Sep '11, 6pm

Facebook on Friday begins rolling out its biggest ever shake-up, in a move observers say will not only profoundly alter ho...

Yahoo for sale ... to Yahoo? via @bigmouthmedia

Yahoo for sale ... to Yahoo? via @bigmouthmedia

bigmouthmedia.com 10 Oct '11, 12pm

Home | Insights | Industry news 10 October 2011 | Author: R Wood Media Intern Yahoo for sale ... to Yahoo? Former Yahoo CE...

Students to be taught ‘right’ political values?: By Seah Chiang Nee In the face of rapid

Students to be taught ‘right’ political values?...

sg.news.yahoo.com 04 Oct '11, 7am

Singapore's education system will be changed to include the teaching of political values. (Yahoo! photo) In the face of ra...

Larry Page: Biggest Threat To Google? “Google”

searchengineland.com 28 Sep '11, 12am

It’s the Google Zeitgeist conference, Google’s big event for major partners and advertisers. Last session of the event? A ...

Energy Storage: A Bloody Q3 is Creating a Great...

altenergystocks.com 01 Oct '11, 2pm

Tom Lehrer is frequently credited with a quip that perfectly summarizes my feeling about the financial markets in the thir...

Beware baggage touts at Changi Airport - Yahoo!...

sg.news.yahoo.com 02 Oct '11, 7am

The next time you travel by plane, you may be approached to take on extra luggage. Despite efforts at enforcement, baggage...