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Yahoo to be named Altaba, Mayer to leave board after Verizon deal

January 10, 2017 by · Leave a Comment 

(Reuters) – Yahoo Inc said Monday that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc. Yahoo has a deal to sell its core internet business, which includes its digital advertising,

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Yahoo to be named Altaba, Mayer to leave board after Verizon deal

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Lawyers seek to launch fresh Brexit challenge in Irish courts

December 10, 2016 by · Leave a Comment 

A group of British and Irish lawyers are seeking to challenge Britain's decision to leave the European Union in the Irish High Court to try to establish if Brexit can be reversed once divorce talks have been triggered. The lawyers hope the court in Dublin will ask the European Court of Justice, the EU's highest court, to determine …

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Lawyers seek to launch fresh Brexit challenge in Irish courts

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Murdoch’s new Sky bid should be probed, UK opposition politicians say

December 10, 2016 by · Leave a Comment 

Rupert Murdoch's new takeover approach for British pay-TV firm Sky should be investigated by the UK's competition authorities, according to opposition politicians, though analysts said a deal should be easier to get through this time round. Liberal Democrat Vince Cable, who was Britain's business secretary at the time of Murdoch's first bid in 2010-11 told BBC radio the media tycoon's new takeover attempt would not be in the public interest. …

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Murdoch’s new Sky bid should be probed, UK opposition politicians say

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Yahoo launches auction process as Starboard gears up for fight

February 21, 2016 by · Leave a Comment 

Yahoo shares jumped after the company announced its board has formed a committee of independent directors to explore strategic alternatives, and that it has hired investment banks and a law firm to run the process. The launch of the auction process, a move activist hedge fund Starboard Value and other shareholders have pushed since late last year, showed the company was moving another step closer …

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Yahoo launches auction process as Starboard gears up for fight