Yahoo! Inc. Chief Executive Officer Marissa Mayer, who has overseen an almost 150 percent stock rally fueled by her company’s stake in Alibaba Group Holding Ltd., is poised to pare that ownership -- a move that threatens to diminish the U.S. Web portal’s investor appeal.
Yahoo! Inc. hired Ken Goldman, a technology-industry veteran with three decades of experience in software and Internet companies, to succeed Tim Morse as chief financial officer, the biggest management switch yet by Chief Executive Officer Marissa Mayer.
Shuanghui International Holdings Ltd.’s $4.7 billion bid for Smithfield Foods Inc., the world’s biggest hog producer, faces hurdles from regulators and rivals to what would be the largest Chinese acquisition of a U.S. company.
Yahoo! Inc. Chief Executive Officer Marissa Mayer has failed to spur growth at the Web portal 18 months after taking the job -- and the outlook isn’t improving as advertisers continue spending their money elsewhere.
Smithfield Foods Inc., the world’s largest hog producer, bid for a large packaged-meat business after it got an initial takeover offer from Shuanghui International Ltd. and before it agreed to be acquired by the Chinese company.