Yahoo Inc will buy mobile analytics startup Flurry to beef up a fast-growing mobile advertising business that still lags Google Incs and Facebook Incs in scale. Six-year-old Flurry uses analytics to help target ads at consumers by monitoring activity on more than half a million apps on some 1.4 billion mobile devices around the world, […]
By Alexei Oreskovic SAN FRANCISCO (Reuters) – Yahoo Inc pledged to pay its shareholders at least half the proceeds from Alibaba Group Holding Ltds mega-IPO this fall, and plans to keep a larger stake in the Chinese e-commerce company than expected. Yahoos roughly 24 percent stake in the worlds largest Internet retailer is viewed on […]
By Tim McLaughlin BOSTON (Reuters) – Fidelity Investments Contrafund, the largest mutual fund investor in Yahoo Inc, cut its stake in the Internet media company by 41 percent during the first four months of 2014, according to the funds latest disclosure. Contrafund portfolio manager Will Danoff had expressed confidence in Yahoos management team at the […]
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