Recent headlines | Android 16 will launch sooner than expected

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

	Android 16 will launch sooner than expected (01 Nov 2024 6:45) Google announced that upcoming Android 16 will break the traditional once-a-year cycle of major Android launches. Next Android is poised to launch in Q2 of 2025, so Android 16 should ship before end of June, 2025.
	Winamp ends its "open source" project that wasn't really open source (20 Oct 2024 11:12) Less than a month after the legendary MP3 player Winamp made its source code public, the company has made a sudden U-turn and removed its code from distribution. 2 user comments
	Winamp released its source code - but didn't go open source (25 Sep 2024 12:38) The source code of Winamp has now been officially released. However, it hasn't become a pure open-source project, as its licensing terms prohibit the creation of new, different versions.
	Does your phone rattle? Here's why it happens (25 Aug 2024 8:30) When you shake your phone and hear a light rattle, clatter, or jingle, it's likely not broken. The culprit is probably the optical image stabilization (OIS) system in your phone's camera, meaning everything is functioning as it should. 2 user comments
	CEO of Messaging App Telegram Arrested in France (25 Aug 2024 7:12) French authorities have detained Pavel Durov, CEO of the messaging service Telegram, amidst an ongoing investigation to determine whether Telegram moderates its platform adequately. 1 user comment

Reviews

	Roborock S8 MaxV Ultra review - obstacle avoidance doesn't work as it should, otherwise almost perfect robot vacuum We put the Roborock S8 MaxV Ultra through a very, very long review process. The $1800 mopping robot vacuum is almost perfect, but its obstacle avoidance was surprisingly bad, considering the price - and compared to its competitors.
	Sharge x OnePlus Pouch review: Beautiful power bank that supports SuperVOOC charging In our review, we take a look at Sharge's power bank that supports OnePlus SuperVOOC quick charging technology as well as standard USB PD charging. It has small design flaws, but despite those, the Pouch is very nice product. 1 user comment
	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.

Guides

	Does your phone rattle? Here's why it happens When you shake your phone and hear a light rattle, clatter, or jingle, it's likely not broken. The culprit is probably the optical image stabilization (OIS) system in your phone's camera, meaning everything is functioning as it should. 2 user comments
	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.
	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?
	What IP rating for dust and water resistance means An IP classification (such as IP68) is given to mobile phones, Bluetooth speakers, and other devices, but what do these classifications mean? 1 user comment
	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

Alibaba looking to buy Yahoo

3 user comments

Latest news

Reviews

Guides

News archive

Subscribe

Sections:

Follow us: