Fox Lake Towing and Recovery

A group of private-equity investors is calling on the CEO of Chinese Internet giant Alibaba Group to throw his support behind a buyout offer for Yahoo, Reuters reports. Alibaba founder Jack Ma is reportedly considering his options regarding the U.S. firm that holds a 40% stake in his company.

Continue reading Private-Equity Firms Ask Alibaba CEO to Join Yahoo Bid

Private-Equity Firms Ask Alibaba CEO to Join Yahoo Bid originally appeared on DailyFinance on Tue, 09 Nov 2010 13:10:00.

Filed Under: Company News, Technology, Yahoo, AOL

Adding another twist to the concept of online banking, PayPal has added an iPhone app that allows users to photograph their checks and deposit the funds into their PayPal account, according to an Associated Press report.

Continue reading PayPal Launches iPhone App for Depositing Checks

PayPal Launches iPhone App for Depositing Checks originally appeared on DailyFinance on Fri, 08 Oct 2010 10:57:00.

Filed Under: Company News, Technology, Retail, eBay

In 1999, Priceline saw its stock surge to absurd heights before it had earned a cent in profit, and after the bubble burst, it lost more than 99% of its value. But from that low, the discount travel site began a hard journey to profitability that has proven there are second acts in dot-com companies’ lives.

Continue reading Priceline’s Long Trip from Dot-Com Disaster to E-Commerce High Flier

Priceline’s Long Trip from Dot-Com Disaster to E-Commerce High Flier originally appeared on DailyFinance on Tue, 05 Oct 2010 11:06:00.

Filed Under: Company News, Technology, Retail, Stocks in the News, Special Report

Yahoo shares were on the rise this morning after a Susquehanna analyst wrote that the company might be looking to unload its 39% stake in Chinese tech company Alibaba Group. Yahoo says it’s not true.

Continue reading Is Yahoo Selling Alibaba Stake for $11 Billion? No, Says Yahoo

Is Yahoo Selling Alibaba Stake for $11 Billion? No, Says Yahoo originally appeared on DailyFinance on Wed, 15 Sep 2010 12:15:00.

Filed Under: Technology, Yahoo

Internet auction giant eBay won’t have to swallow Craigslist’s poison pill after all, a Delaware Chancery Court ruled on Thursday. The online classified ads giant illegally diluted eBay’s equity stake in the company after eBay decided to enter the classified ad market itself.

Continue reading eBay Gets Partial Win in Craigslist Poison Pill Lawsuit

eBay Gets Partial Win in Craigslist Poison Pill Lawsuit originally appeared on DailyFinance on Fri, 10 Sep 2010 09:52:00.

Filed Under: Company News, Technology, eBay, Biz Brief