August 22, 2017

Alibaba Gets $1.6 Billion Investment

An investment group led by Yunfeng Capital, Silver Lake and Digital Sky Technologies Global, and Singaporean investment fund Temasek Holdings has agreed to invest $1.6 billion in China-based Alibaba Group Holding, China’s largest e-commerce group. Yunfeng Capital, includes Alibaba Chairman Jack Ma as one of its founders.  Hangzhou-based Alibaba operates China’s largest e-commerce website. The investment […]

Yahoo Gives Bartz The Boot

Yahoo! makes it official, Carol Bartz is history. All Things D‘s – Kara Swisherwas the first to break the news late yesterday. But things may not be looking so bad for Carol Bartz, as the CEO of Yahoo, the former chief executive is now eligible for a hefty $10 Million Dollar severance package. The company […]