Jeffrey Smith's Starboard Value is one of the funds that has appeared many times on our radars in the last couple of months. Mr. Smith has made a couple of bold moves, such as pushing Yahoo! Inc. (NASDAQ:YHOO)'s CEO Marissa Mayer to spin off the ...
Yahoo! Inc.'s (NASDAQ:YHOO) potential plans to spin off its 15% stake in Alibaba Group Holding Ltd (NYSE:BABA) could result in its core enterprise becoming an attractive takeover prospect according to a recent article published on The New York Times.
As part of Yahoo! Inc. (NASDAQ:YHOO)'s plan to avoid paying a huge amount of tax on its spinoff of its Alibaba Group Holding Ltd (NYSE:BABA) shares, the company will also be including its Small Business unit to the vehicle it is putting together.
Yahoo! Inc. (NASDAQ:YHOO) continues to attempt to strengthen its position in the mobile space. Marissa Mayer has not been shy that mobile is a big focus for the company and a key to the turnaround of its core business.
Seymour also believes Yahoo! Inc. (NASDAQ:YHOO) remains a better buy compared to Alibaba Group Holding Ltd (NYSE:BABA) as people continue to be worried about the impact of regulators on the latter, back in China.
According to Josh Lipton who is at the event floor in San Francisco, Yahoo! Inc. (NASDAQ:YHOO) and CEO, Marissa Mayer, may be seeing the fruits of their labor when it comes to the company's mobile push.
StatCounter�an independent website analytics provider�released stats for January that show Google's search engine share fell below 75% in the US for the first time since it started recording search data in 2008.