As promised, Daniel Loeb and his firm, Third Point LLC, have today sent a letter to Yahoo! Inc. (NASDAQ: YHOO) demanding that the Internet firm open its books and records ... Read Full Story »
A team of Yahoo! (NASDAQ: YHOO) managers who were negotiating terms to sell its stake in Alibaba back to Alibaba apparently walked away from the talks, according to tech site AllThingsD. The transaction ... Read Full Story »