China's Alibaba buys back half of Yahoo's stake
(Reuters) - China's Alibaba Group said it bought back half the stake Yahoo Inc owned in the company for about $7.6 billion, moving closer to an initial public offering.
Showing posts with label Yahoo. Show all posts
Showing posts with label Yahoo. Show all posts
Tuesday, September 18, 2012
Tuesday, November 6, 2007
Congress to Yahoo: Boo! to You!
Yahoo execs defend role in arrest/jailing of Chinese journalist
Associated Press Erica Werner
WASHINGTON - Two top Yahoo Inc. officials on Tuesday defended their company's role in the jailing of a Chinese journalist but ran into withering criticism from lawmakers who accused them of complicity with an oppressive communist regime.
"While technologically and financially you are giants, morally you are pygmies," House Foreign Affairs Committee Chairman Tom Lantos, D-Calif., said angrily after hearing from the two Yahoo executives.
He angrily urged Yahoo Chief Executive Jerry Yang and General Counsel Michael Callahan to apologize to journalist Shi Tao's mother, who was sitting directly behind them.
Shi Tao was sent to jail for 10 years for engaging in pro-democracy efforts deemed subversive after Yahoo turned over information about his online activities requested by Chinese authorities.
Associated Press Erica Werner
WASHINGTON - Two top Yahoo Inc. officials on Tuesday defended their company's role in the jailing of a Chinese journalist but ran into withering criticism from lawmakers who accused them of complicity with an oppressive communist regime.
"While technologically and financially you are giants, morally you are pygmies," House Foreign Affairs Committee Chairman Tom Lantos, D-Calif., said angrily after hearing from the two Yahoo executives.
He angrily urged Yahoo Chief Executive Jerry Yang and General Counsel Michael Callahan to apologize to journalist Shi Tao's mother, who was sitting directly behind them.
Shi Tao was sent to jail for 10 years for engaging in pro-democracy efforts deemed subversive after Yahoo turned over information about his online activities requested by Chinese authorities.
Tuesday, July 31, 2007
the Yahoo!-China censorship case
Journalist Rebecca MacKinnon reports, with new findings, on the Yahoo!-China censorship case at the RConversation blog. MacKinnon reports on who knew what when.
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