Verizon's revenue rose due to higher net addition of postpaid subscribers and a rise in average revenue per account.» Read More
Yahoo CEO Marissa Mayer faces a decision on how to manage a 15 percent stake in Alibaba Group worth nearly $37 billion.
SAN FRANCISCO— Yahoo CEO Marissa Mayer is facing her biggest business decision since she left Google two-and-a-half years ago to lead its struggling rival: how to manage Yahoo's most valuable asset, a 15 percent stake in Chinese Internet star Alibaba Group worth nearly $37 billion. "This is a defining moment for her," says Eric Jackson, managing partner of hedge...
This year, CNBC teamed up with Facebook to bring together some of the smartest minds at Davos to answer your questions.
Yahoo's stock price has suffered as shareholders get nervous about the company's next strategic move.
Some of the names on the move ahead of the open.
Starboard Value delivered a letter to Yahoo's board expressing concern that the company may be considering a major acquisition.
Jan 8- Activist-investor Starboard Value LP has reiterated that Yahoo Inc should consider a merger with AOL Inc and cut costs to improve profits, spurred by media reports that Yahoo is exploring other large-scale acquisitions. Starboard, in September, urged Yahoo to consider merging with AOL on the grounds that a deal could create up to $1 billion in "synergies"...
BUZZ-YAHOO INC, AOL INC: STARBOARD KEEPS UP PRESSURE TO MERGE@** Yahoo's shares up 2.4 pct at $49.74; AOL's. **Starboard LP writes to Yahoo CEO Marissa Mayer, saying company should explore combination with AOL and cut costs to improve profits. **Up to Wednesday's close, AOL's stock had risen 7.3 pct and Yahoo's stock had risen 24.7 pct since Starboard delivered its...
Jan 8- Yahoo Inc shareholder Starboard Value LP reiterated that the company should explore a combination with AOL Inc and cut costs to improve profits. Yahoo's number one priority must be to monetize its investments in Alibaba Group Holding Ltd and Yahoo Japan Corp, the activist investor wrote in a letter to Yahoo's board on Thursday. Starboard, which first...
Starboard has issued a letter expressing its concern over reports of a Yahoo acquisition, reports CNBC's David Faber.
A wave of M&A in the digital ad space may leave no room for start-up companies, according to a recent report.
Cord cutting has been blamed for weak TV ratings, but viewers who watch video over the Internet may be more valuable to advertisers.
Tim Armstrong, AOL's chief executive, dismissed recent rumors of a possible partnership with Verizon or merger with Yahoo.
Tim Armstrong, AOL chairman & CEO, discusses Yahoo merger buzz, the future of digital advertising and competition in the media technology space.
CNBC's Julia Boorstin speaks to Tim Armstrong, AOL chairman & CEO, about the speculation of a deal with Verizon and the company's digital content strategy.
*Services sector expands at slowest rate since Feb- Markit. NEW YORK, Jan 6- U.S. stocks ended lower for a fifth session on Tuesday as data showed slower growth in the U.S. service sector and oil prices fell further. The S&P 500' s losing streak was its longest in about 13 months, but the index ended off the day's lows, having fallen as much as 1.4 percent earlier, at one point...
Stocks fell Tuesday as investors fretted the implications of crude's failure to find a floor.
Rumors of an AOL takeover are heating up, but that's not necessarily a good thing.
Jan 6- Verizon Communications Inc Chief Executive Lowell McAdam said the company is not planning any major acquisitions, following a report that Verizon had approached AOL Inc for a potential deal. "I think AOL along with lots of other media companies are potential for us to do partnering, on a commercial basis or whatever," McAdam said at a conference on Tuesday.
NEW YORK, Jan 6- U.S. stocks fell on Tuesday in choppy trading, extending losses a day after Wall Street suffered its biggest drop since early October as data showed the pace of growth in the U.S. economy had slowed. An election in Greece which may trigger its exit from the euro zone is some three weeks ahead, increasing the difficulty for the European Central Bank to...