Latest Jack Ma Stories

Companies Reportedly Eyeing Yahoo Buy
2011-10-06 04:51:28

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...

Yahoo Forces Bartz To Resign Board Seat
2011-09-12 08:25:20

  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...

2011-05-16 07:50:00

Dispute over a major Internet asset transfer has escalated the already strained relationship between Yahoo Inc. and Alibaba Group, a Chinese Internet company, as they struggle to iron out differences. In a joint statement, the two companies announced that they were in "productive negotiations" to resolve "outstanding issues related to Alipay," which is the online payment service of Alibaba. As Yahoo struggles to keep up with Google, Alibaba's position as one of China's most powerful Internet...

2011-03-02 11:12:16

Yahoo announced in December that it was cutting about 600 jobs in its third wave of layoffs since late 2008 as chief executive Carol Bartz oversees a reorganization for the internet pioneer. Following the layoffs, Yahoo Inc. has been in talks to potentially unload its $7 billion stake in Yahoo Japan, an AFP report said on Wednesday, citing a source close to the matter. Negotiations, however, are still in early stages and nothing is near to completion, according to the Wall Street Journal....

2011-02-17 00:15:00

SHANGHAI, Feb. 17, 2011 /PRNewswire-Asia/ -- It was today revealed that what people and companies say about products online is the number one influence on one third of all retail sales in Shanghai - US$ 34 billion. This was one of the main findings of a DDMA and Focus Group China research report into the influence of online information on consumer purchases, the impact of "The Taobao Effect" and the huge potential of online shopping in China. With only 6% of their advertising budgets being...

2010-08-09 06:25:00

BEIJING, Aug. 9 /PRNewswire-Asia/ -- Sohu.com Inc. (Nasdaq: SOHU), China's leading online media, communications, search, online games and wireless value- added services group, today announced that it has entered into a preliminary, non-binding term sheet for the possible sale to strategic investors, including Alibaba Group(1) and Yunfeng Fund L.P.(2) (collectively referred to as "Ali"), of a minority interest of preferred shares in Sohu's Sogou online search business. The non-binding term...

2010-04-27 10:57:42

Alibaba.com, the largest e-commerce website in China, has announced that it will begin allowing payment through eBay's PayPal service, marking the first time that the two former rivals will join forces, according to a statement released by the online retailer on Tuesday. The move will allow the eBay-owned payment service to be offered on Alibaba's AliExpress wholesale commerce site, which officially launched on Monday after months of beta testing. The move puts an end to a once-bitter clash...

2010-02-08 05:05:00

KARLSRUHE, Germany, February 8 /PRNewswire-FirstCall/ -- - Alipay is the Most Popular and Extensively Used eCommerce Payment Solution in China - asknet Enhances eCommerce Offering for the Chinese Market and Provides an Easier Market Entry to its Customers - Alipay has More Than 270 Million Registered Users and a Total Daily Transaction Volume Exceeding US$ 176 Million, Through More Than Five Million Daily Transactions asknet AG, recently ranked as one of Germany's...

2010-01-19 15:00:00

In the latest move between Google's dispute with Beijing over Internet censorship and e-mail hacking, the Internet company announced Tuesday it has postponed the launch of its mobile phone in China, The Associated Press reported. The move has been linked to the company's threat that it will shut down its Chinese-based search engine if restrictions aren't eased, according to one person briefed on Google's decision. The source, who spoke on condition of anonymity due to the sensitivity of the...

Word of the Day
  • A Roman unit of weight, 1⁄1728 of a pound.
  • A weight of four grains used in weighing gold and precious stones; a carat.
  • In anatomy, a formation suggesting a husk or pod.
  • The lowest unit in the Roman coinage, the twenty-fourth part of a solidus.
  • A coin of base silver of the Gothic and Lombard kings of Italy.
'Siliqua' comes from a Latin word meaning 'a pod.'