Andrew Mason’s role as chief executive officer of Groupon Inc. is on the line as board members meeting today in Chicago discuss whether to seek new leadership at the top of the troubled provider of daily coupons.
Yahoo! Inc., the U.S. Web portal exploring strategic options after firing Chief Executive Officer Carol Bartz, reported third-quarter profit that beat estimates as the market for online advertising expanded.
Yahoo! Inc., the biggest U.S. Web portal, rose to a five-year high after reporting that the value of its stake in Chinese e-commerce company Alibaba Group Holding Ltd. surged in the first three months of the year.
Alibaba Group Holding Ltd. is planning to award about one-third of the fees for its initial public offering in the form of incentive bonuses to coax better performance from underwriters, people with knowledge of the matter said.