Providing choice is key to getting young people to actually pay for programming, Time Warner Chairman and CEO Jeff Bewkes tells CNBC.» Read More
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:. Bill Barrett Corp. fell 17.0 percent to $8.98. Meritor Inc. fell 12.4 percent to $13.20.
SAN FRANCISCO, Jan 27- Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40 billion. Shareholders feel that Yahoo and its stake in Alibaba would be worth more separately, so long as the Alibaba shares are not subject to the...
SAN FRANCISCO— Yahoo CEO Marissa Mayer is spinning off the company's $39 billion stake in China's Alibaba Group Holding in a move that wards off a potential shareholder rebellion. The highly anticipated decision announced Tuesday will enable Yahoo to avoid paying billions of dollars in future taxes while intensifying the pressure on Mayer to prove she can...
Verizon's revenue rose due to higher net addition of postpaid subscribers and a rise in average revenue per account.
The Nasdaq is nearing the 5,000 mark, a level not seen since the dot-com bubble in March 2000. Should tech investors be worried or elated?
In CNBC's "Face to Face" video series, Arianna Huffington, Huffington Post Media Group Chair shared her experience working with AOL, at Davos with CNBC's Andrew Ross Sorkin.
Activist investor Starboard Value has written a letter to Staples urging it to merge with rival Office Depot.
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.