Latest Jack Ma Stories

Since Yahoo co-founder Jerry Yang announced his departure, the lifeboats appear to be lowering in what could become a mass exodus from the struggling search portal.  Yang also has left the boards of Yahoo Japan and Alibaba Group, a statement from Yahoo noted. At least four other directors are expected to follow Yang from the company soon including Chairman Roy Bostock, Arthur Kern, Vyomesh Joshi, and Gary Wilson, reports Kara Swisher for All Things D. Yang co-founded Yahoo with David...

Veteran web giant Yahoo announced today that PayPal President Scott Thompson will be taking over as the company’s chief executive. In light of Yahoo’s struggle in recent years to remain a key player in the Internet world, many shareholders and company insiders are hoping that Mr. Thompson will do for their company what he did for eBay Inc’s payment branch. Mr. Thompson will be joining the Yahoo team some five months after its last controversial CEO Carol Bartz was let go, leaving...

Reports say Chinese e-commerce giant Alibaba Group may be trying to make a bid to buy all of Yahoo Inc. According to congressional fillings, the company enlisted the Duberstein Group lobbying firm last fall for the first time. The company's chief executive and chairman, Jack Ma, said last September that he was open to acquire Yahoo if it was possible. Preliminary talks back then were planning for Alibaba, which already holds 40 percent of Yahoo, to take Yahoo's Asian assets and...

Global markets are abuzz as reports emerged Thursday that the Chinese e-commerce titan the Alibaba Group will try to finance as much as $4 billion of debt in an attempt to buy back Yahoo’s 40 percent stake in their company.  According to estimates, that stake will likely be between $9 and $13.5 billion. Alibaba CEO and former English teacher Jack Ma has frequently expressed his intention to buy out Yahoo’s shares in his company—an ambition that insiders say served as a significant...

BEIJING, Dec. 5, 2011 /PRNewswire-Asia/ -- The 10th China Entrepreneur Summit 2011, the most influential annual grand business conference in China, will be convened ceremoniously at China World Summit Wing (Beijing) on December 10-11, 2011. Several dozens of Chinese leading entrepreneurs, thousands of industrial elites, prestigious academics and government officials will join hands to attend the summit. Together they will present a feast of thinking to the business circle. (Photo:...

Microsoft Corp has signed a confidentiality agreement with Yahoo Inc, allowing the software titan to secure possible negotiating power if Yahoo decides to sell part or all of its business, the Associated Press reported Wednesday, citing an anonymous source that was familiar with the matter. Microsoft is joining several private equity firms that are also scouring over Yahoo’s books and operations, exploring various options for making a deal with the struggling Internet search company....

BEIJING, Nov. 3, 2011 /PRNewswire-Asia/ -- On December 9, The 10th China Entrepreneur Summit 2011, the most influential annual feast of thinking for the business circle in China, will be convened ceremoniously. In the upcoming year of 2012, the business circle cherishes full anticipation toward optimization of market system and respect of market dignity. How should entrepreneurs continue to bring out innovative, adventurous, and pioneering entrepreneur spirit, in order to make still greater...

China’s Alibaba, Russia’s Digital Sky Technologies (DST) and private-equity firm Silver Lake may be partnering to make a bid for Yahoo, according to several media reports. News Corp. might also be weighing a bid for the Sunnyvale, Calif.-based company, The New York Times reported on Monday. Microsoft Corp., which performs search functions for Yahoo through a partnership arrangement, is also reportedly a prospective bidder. Yahoo reopened its door to an acquisition and has been...

CHICAGO, Sept. 19, 2011 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Yahoo Inc (Nasdaq: YHOO), AT&T Inc (NYSE: T), News Corp (Nasdaq: NWS), Verizon Communications Inc (NYSE: VZ) and Google Inc (Nasdaq: GOOG). (Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO) Get the most...

  After being dismissed last week, from her position of Yahoo CEO, Carol Bartz has announced her resignation from Yahoo’s board of directors. A spokesperson for the board wrote in an e-mail on Sunday, On September 9, 2011, Carol Bartz resigned from the board of directors of Yahoo, effective immediately,” Reuters is reporting. After being informed of the decision to dismiss her via phone call last Tuesday, Bartz said that she planned to remain on the board of directors for the...