Yahoo’s Ross Levinsohn: We’re still No. 1
As Yahoo’s Executive Vice President of the America’s region, Ross Levinsohn’s task is to transform the image of the lumbering Internet giant to one with a passing resemblance to the darling of the 1990s dotcom era when it called the shots. Though, investors ascribed virtually all of Yahoo’s market value to its prized Asian assets – a major stake in China’s hot Alibaba Group and Yahoo Japan – brushing aside Yahoo’s core U.S. business.
A long time Internet player, Levinsohn, who also headed News Corp’s Fox Interactive Media, sat down with me and Kenneth Li during Internet Week in New York and explained how Yahoo needs to fix its image problem, how much of a distraction the tussle in Asia over Alipay was, and how he expects advertising dollars to continue to migrate to Yahoo.
The real deal? Groupon files for public offering
, June 2 (Reuters) – Daily
deals site Groupon Inc filed for an initial public offering,
hoping to capitalize on the biggest investor stampede into Web
start-ups since the dotcom bubble burst a decade ago.
The company filed on Thursday to raise up to $750 million
in its IPO, an offering that has been speculated about for
months and that will be watched as a barometer of whether
Internet valuations have become too rich.
The real deal? Groupon files for stock sale
NEW YORK (Reuters) – Online daily deal site Groupon Inc filed for an initial public offering, hoping to capitalize on the biggest investor stampede into Web start-ups since the dotcom bubble burst a decade ago.
The company filed on Thursday to raise up to $750 million in its IPO, an offering that has been widely speculated about for months and would be among the most closely watched of the year.
New York Times names Abramson first woman editor
NEW YORK (Reuters) – The New York Times named Jill Abramson as its first woman executive editor, putting her in control of one the world’s most respected newspapers as the industry struggles to keep advertisers and readers.
Abramson, 57, is the first woman editor to lead the Times newsroom in a new era for papers, when a generation of readers increasingly prefers to get news from online sources such as Twitter, Facebook and a host of websites.
Mashable Follow feature picks up traction
The technology and culture oriented website Mashable has met a new milestone, netting some 100,000 users as participants for its new “Follow” feature. Launched in April, Follow lets readers keep tabs on topics of interest and share news with others in their social network. Readers can tailor the subject matter they are interested in by clicking on the Follow button alongside an article or by hitting the Follow button on a list of topics. The green button also lets readers share content with their Twitter, Facebook and others in additional social networks in one fell swoop.
Meanwhile, Mashable announced that Robyn Peterson has joined the company as senior vice president (not vice president as previously reported) of product. Peterson was most recently the head of product at Next Issue Media,the media group dedicated to tablets founded by Time Inc, Hearst, Meredith Corp, Conde Nast and New Corp.
Yahoo, Alibaba reach deal over Alipay: sources
NEW YORK (Reuters) – Yahoo Inc has resolved a dispute with partner Alibaba Group over the Chinese company’s transfer of its prized online payments unit to its CEO Jack Ma, two sources close to the matter said.
Yahoo’s feud with Alibaba, 43-percent-owned by the U.S. firm, over the Chinese company abruptly transferring Alipay, has knocked Yahoo’s shares by about 10 percent since early May.
Exclusive – Yahoo, Alibaba reach deal over Alipay, sources say
NEW YORK (Reuters) – Yahoo Inc has resolved a dispute with Alibaba Group over the Chinese company’s transfer of its online payment system, Alipay, to Chief Executive Jack Ma, two sources close to the matter said.
The two companies reached an agreement before Yahoo’s analyst meeting last Wednesday, one of the sources said. But the deal requires the consent of Softbank Corp founder Masayoshi Son who is an Alibaba board member, and he has been reluctant to come to the negotiating table, the sources said.
Exclusive: Yahoo, Alibaba reach deal over Alipay: sources
NEW YORK (Reuters) – Yahoo Inc has resolved a dispute with Alibaba Group over the Chinese company’s transfer of its online payment system Alipay to Chief Executive Jack Ma, two sources close to the matter said.
The two companies reached an agreement before Yahoo’s analyst meeting last Wednesday, one of the sources said. But the deal requires the consent of Softbank Corp founder Masayoshi Son who is an Alibaba board member, and he has been reluctant to come to the negotiating table, the sources said.
Yahoo, Alibaba reach agreement over Alipay – sources
NEW YORK (Reuters) – Yahoo Inc has resolved a dispute with Alibaba Group over the Chinese company’s transfer of its online payment system Alipay to Chief Executive Jack Ma, two sources close to the matter said.
The two companies reached an agreement before Yahoo’s analyst meeting last Wednesday, one of the sources said. But the deal requires the consent of Softbank Corp founder Masayoshi Son who is an Alibaba board member, and he has been reluctant to come to the negotiating table, the sources said.
Google takes wraps off pay-by-phone system
NEW YORK (Reuters) – Google Inc and four bank and telecommunications partners on Thursday unveiled “Google Wallet” and “Google Offers”, taking U.S. shoppers a step closer to paying by waving their mobile phones at the checkout counter.
The Internet search company’s system lets people pay with phones instead of cards, hoping to win a race against rivals including Visa, top U.S. banks and mobile phone companies.
-
About Jennifer
-
Follow Jennifer
