Tools | Bookmark & Share | Make MrWhy My Homepage
MrWhy.com
Go
MrWhy.com » Videos » Carol Bartz, Yahoo CEO, Says Alibaba Compensation Talks Prog
Carol Bartz, Yahoo CEO, Says Alibaba Compensation Talks Prog
Carol Bartz,  Yahoo CEO, Says Alibaba Compensation Talks Prog
Report
Carol Bartz, Yahoo CEO, Says Alibaba Compensation Talks Prog
Yahoo! Inc’s (NASDAQ:YHOO) CEO Carol Bartz said today she's making progress in talks with Alibaba Group Holding Ltd, a company in which Yahoo is a part owner, to make sure Alibaba, and by extension Yahoo, is properly compensated for Alibaba's spin-off of the company's online payment unit Alipay.Yahoo! owns about 40% of the China-based Alibaba Group, which in turn owns Yahoo China as well as three other large Chinese properties.Earlier this month, Yahoo disclosed to the SEC that Alibaba had transferred 100% of its ownership in Alipay to a new company controlled by Alibaba CEO Jack Ma.Bizarrely, the spin-off took place last summer, but Yahoo claimed it was not notified until March 31st, with Alibaba countering the transfer had been discussed at several board meeting years ago.Yahoo! is down nearly 13% over the last several weeks since the disclosure.
Channel: Voxant Newsroom
Category: Business
Video Length: 0
Date Found: May 26, 2011
Date Produced: May 26, 2011
View Count: 0
 
MrWhy.com Special Offers
1
2
3
4
5
 
About Us: About MrWhy.com | Advertise on MrWhy.com | Contact MrWhy.com | Privacy Policy | MrWhy.com Partners
Answers: Questions and Answers | Browse by Category
Comparison Shopping: Comparison Shopping | Browse by Category | Top Searches
Shop eBay: Shop eBay | Browse by Category
Shop Amazon: Shop Amazon | Browse by Category
Videos: Video Search | Browse by Category
Web Search: Web Search | Browse by Searches
Copyright © 2011 MrWhy.com. All rights reserved.