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Exclusive - Yahoo's bidder shortlist points to cash deal: sources| Reuters

Apr 30, 2016 at 01:45 | Source: FirstPost

Yahoo Inc (YHOO.O) has shortlisted close to 10 bidders in the auction for its core Internet assets, including Verizon Communications Inc (VZ.N), with most offers involving cash rather than a combination with another company, according to people famil...

Facebook doubles revenues, triples profit in Q1; Zuckerberg to tighten control

Apr 28, 2016 at 08:15 | Source: FirstPost

New York: Facebook is crushing it: the company nearly doubled revenue from last year, and tripled its profit. Facebook on Wednesday posted a 52 percent surge in first quarter revenue, bucking a gloomy tech trend that has seen Apple, Twitter, Microsof...

Facebook revenue smashes expectations as mobile ad sales surge

Apr 28, 2016 at 08:15 | Source: FirstPost

New York: Facebook is crushing it: the company nearly doubled revenue from last year, and tripled its profit. Facebook on Wednesday posted a 52 percent surge in first quarter revenue, bucking a gloomy tech trend that has seen Apple, Twitter, Microsof...

Facebook shares rocket as ad sales surge, users swell to 1.65 billion

Apr 28, 2016 at 08:15 | Source: FirstPost

New York: Facebook is crushing it: the company nearly doubled revenue from last year, and tripled its profit. Facebook on Wednesday posted a 52 percent surge in first quarter revenue, bucking a gloomy tech trend that has seen Apple, Twitter, Microsof...

Wall Street flirts with record high levels as companies report| Reuters

Apr 21, 2016 at 02:30 | Source: FirstPost

Wall Street ended less than 2 percent short of a record-high close on Wednesday as a rebound in oil prices added to optimism sparked by a raft of earnings reports.Driven 15 percent higher since mid-February by a recovery in weak oil prices and helped...

Yahoo results edge past estimates in good sign for sale of business| Reuters

Apr 20, 2016 at 07:15 | Source: FirstPost

San Francisco Yahoo Inc's (YHOO.O) first-quarter results beat Wall Street estimates by a hair on Tuesday in what was taken as a good sign for the web pioneer's plan to auction its core business.Under pressure from activist shareholder Starboard Value...

Exclusive - Verizon set to make Yahoo's bidder short list: sources| Reuters

Apr 20, 2016 at 06:15 | Source: FirstPost

Verizon Communications Inc (VZ.N) was set on Tuesday to advance to the second stage of bidding for Yahoo Inc's (YHOO.O) core assets, as the U.S. internet company went through offers to put together a short list, people familiar with the matter said. ...

Yahoo barely beats Wall Street view as offers trickle in for core business | Reuters

Apr 20, 2016 at 03:30 | Source: FirstPost

Yahoo Inc's (YHOO.O) first-quarter results beat Wall Street estimates by a hair but revenue dropped 11.3 percent, as the web-pioneer struggled to boost growth in the core online search and display advertising business that is in the processing of auc...

Yahoo revenue falls slightly less than expected| Reuters

Apr 20, 2016 at 02:45 | Source: FirstPost

Yahoo Inc's (YHOO.O) posted first-quarter revenue that beat analysts' estimates slightly, but the 11.3 percent decline shows the web pioneer's struggle to boost growth its core online search and display advertising business, which it is in the proces...

Wall Street nears record as quarterly reports roll in| Reuters

Apr 20, 2016 at 02:30 | Source: FirstPost

The S&P 500 climbed closer to a record high on Tuesday, lifted by energy stocks and a solid quarterly report from Johnson & Johnson.After dipping into negative territory and then recovering, the S&P 500 ended less than 2 percent short of ...

Yahoo reports 11.3 percent fall in revenue| Reuters

Apr 20, 2016 at 02:15 | Source: FirstPost

Yahoo Inc (YHOO.O) reported a 11.3 percent fall in total quarterly revenue on Tuesday as the web pioneer struggles to boost growth in its core search and display advertising business, which it is in the process of auctioning off. Yahoo's total rev...

Wall Street nears record terrain as quarterly reports roll in| Reuters

Apr 20, 2016 at 00:45 | Source: FirstPost

The S&P 500 rose towards a record high in a choppy session on Tuesday, lifted by energy stocks and a solid quarterly report from Johnson & Johnson.After dipping into negative territory and then recovering, the S&P 500 was less than 2 perc...

Trump's top campaign aide lobbied for Pakistan's ISI frontal outfit in US, says report

Apr 19, 2016 at 13:36 | Source: FirstPost

Washington: US Republican frontrunner Donald Trump's new top campaign aide Paul Manafort lobbied for a group charged for operating as a front for Pakistan's powerful spy agency ISI and received USD 700,000 from it, a media report has said.The company...

The Maneka Gandhi column: It's time we took note of the scourge of rare animals' trade on the Internet

Apr 18, 2016 at 15:55 | Source: FirstPost

Two months ago the Ministry of Health raided the kingpin of the illegal oxytocin trade in India. He is a lowly employee of the Municipal Corporation of Kolkata with five houses, and many godowns stuffed with oxytocin, and another illegal drug codeine...

HCU's schism between quest for global excellence and political discords is a cat with many lives

Apr 07, 2016 at 12:40 | Source: FirstPost

Hyderabad: If Charles Dickens had ever sought to create a university campus in India for a novel, his heightened imagination would have more likely created the Hyderabad Central University (HCU); with raging social battles as a theme for the grand ca...

Exclusive: Time Inc considers taking on private equity partner for Yahoo bid| Reuters

Apr 02, 2016 at 05:45 | Source: FirstPost

Time Inc (TIME.N) is considering partnering with a private equity firm on a bid for Yahoo Inc's (YHOO.O) core Internet assets, according to people familiar with the matter, as the U.S. publishing company seeks to boost its digital presence.The delibe...

Exclusive: Time Inc considers taking on private equity partner for Yahoo bid - sources| Reuters

Apr 02, 2016 at 05:30 | Source: FirstPost

Time Inc (TIME.N) is considering partnering with a private equity firm on a bid for Yahoo Inc's (YHOO.O) core Internet assets, according to people familiar with the matter, as the U.S. publishing company seeks to boost its digital presence.The delibe...

After a failed hostile takeoverattemptin 2008, Microsoft now may support potential bidders for Yahoo

Mar 25, 2016 at 11:42 | Source: FirstPost

Microsoft Corp executives are in talks with equity firms considering bids for Yahoo Inc! saying that Microsoft might be willing to offer "significant financing" for their efforts, tech news site Recode reported on Thursday.However, Microsof...

Wall Street closes flat, five-week rally ends| Reuters

Mar 25, 2016 at 03:15 | Source: FirstPost

NEW YORK U.S. stocks broke a five-week winning streak on Thursday with a strengthening dollar weighing on commodity-related shares.The three major indexes closed mostly flat on the day, paring losses by the session's end."After the run that we'v...

Google Tax: Will Arun Jaitley's 6% ad levy re-ignite fresh conflict with foreign cos?

Mar 21, 2016 at 12:59 | Source: FirstPost

The equalization levy of 6% on consideration for specified services from non-residents not having a permanent establishment in India is a brilliant move by the Finance Minister in his budget 2017. Non-residents are a difficult category to tax thanks ...

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