Reports: Yahoo considering selling off core assets

Be advised, this is all unconfirmed and, for the most part, anonymously sourced. Still, if anything comes of it, it’s huge. Multiple media outlets (the first of them being the Wall Street Journal) have reported that Yahoo’s board will hold a series of meetings this week to decide whether or not to sell off the company’s core assets. That could include the company’s core Internet business, and/or its roughly $30 billion stake in Chinese e-commerce giant Alibaba. (Yahoo has been very open about pursuing the latter sale, though an activist investor began trying to derail it last month.) The news comes on the heels of a disappointing Q4 earnings report, in which the company lost over $40 million on its foray into original programming.

Related Stories

We make it easier!

We make it easier!

Job of the Week EVP, CONTENT PAC-12 NETWORKS SF Oversee/mng Linear & Digital Prod, Talent, Remote/Studio Production Ops & Programming depts. Former demonstrated record of strong leadership & general mngmnt. Strong knwlg collegiate content & strong familiarity w/nat’l & regional sports ntwk. Full info/apply HERE CynopsisJOBS Good morning. It’s Wednesday November 22, […]

We can help you find a NEW JOB!

We can help you find a NEW JOB!

Job of the Week EVP, CONTENT PAC-12 NETWORKS SF Oversee/mng Linear & Digital Prod, Talent, Remote/Studio Production Ops & Programming depts. Former demonstrated record of strong leadership & general mngmnt. Strong knwlg collegiate content & strong familiarity w/nat’l & regional sports ntwk. Full info/apply HERE CynopsisJOBS Good morning. It’s Wednesday November 22, […]

CBS and PBS sever ties with Charlie Rose

CBS and PBS sever ties with Charlie Rose

Shortly after CBS This Morning’s Gayle King and Norah O’Donnell addressed the absence of suspended co-anchor Charlie Rose on Tuesday’s show – “This is a moment that demands a frank and honest assessment of where we stand and, more generally, the safety of women,” said O’Donnell – CBS fired Rose. In a letter, CBS News […]

OWN sets Perry premiere dates

OWN sets Perry premiere dates

New Tyler Perry comedy The Paynes has its series premiere Tuesday, January 16 with back-to-back episodes starting at 10p on OWN. The House of Payne spin-off stars Cassi Davis and LaVan Davis, as well as Jackee Harry (227). Perry’s The Haves and the Have Nots returns for season 5 on Tuesday, January 9 at 9p, […]

Amazon Echo Show regains YouTube access

Amazon Echo Show regains YouTube access

Amazon and Google seem to have worked out some of their issues. The Echo Show, the version of Amazon’s smart speaker that comes equipped with an integrated display, has regained access to YouTube videos. Google started preventing the device from accessing YouTube back in September; the company said that Amazon’s implementation of YouTube on the […]

CynCity

Cynsiders

Instagram