What’s next for Yahoo’s future of its core Internet Business

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WHAT’S NEXT? Yahoo is preparing to discuss the future of its core Internet business and its stake in Alibaba, the Chinese e-commerce giant. “Yahoo’s management has faltered in its efforts to turn around its core business and it faces investor pressure to take more dramatic moves, though the people familiar with the plans say no transaction is assured,” the Wall Street Journal reports. “If Yahoo decides to sell its core Internet business, it could put into motion a deal for the Alibaba stake as well as its 35% stake in…

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Alibaba IPO Pours Shares Into Shrinking Pool of Stock

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Alibaba Group’s (BABA) initial public offering was a success by any measure. At $25 billion, it was the largest in history. Investors were so eager to add the Chinese e-commerce giant to their portfolios that the shares soared 38 percent on their debut, the biggest first-day jump for an IPO of at least $10 billion, according to data compiled by Bloomberg. When trading ended on Sept. 19, the company had a market value of $231 billion, more than Amazon.com’s (AMZN) and EBay’s (EBAY) combined. Some investors warned that the clamor for Alibaba shares could trigger a…

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