The headlines have been buzzing this week with word that tarnished former Internet titan Yahoo will shutter its Chinese Internet music service, with many pointing out the move reflects a broader...
- Thu
- May 23, 2013
- Updated: 3:04pm
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Yahoo!
Yahoo! Inc. is best known for its web portal and search engine, but its services include Yahoo! Directory, Yahoo! Mail, Yahoo! News, Yahoo! Finance and others. Founded by Jerry Yang and David Filo in January 1994, the company was initially in the forefront of the technology boom but has struggled to reinvent itself in the face of competition from companies like Google and Facebook. In July 2012, former Google executive, Marissa Mayer, was named as Yahoo! CEO and president, the latest in a series of CEOs brought in to revive the company. The company has been criticised, along with other search engines, for cooperating with the Chinese government in censoring search results, and in April 2005 a dissident was sentenced to 10 years in prison after being identified by IP address by Yahoo. In February 2008, Microsoft made an unsolicited bid to acquire Yahoo! for US$$44.6 billion. Yahoo! formally rejected the bid, claiming that it "substantially undervalues" the company and was not in the interest of its shareholders.
30 Aug 2012
A dissident whose conviction in 2003 for subversion was based on evidence from United States internet giant Yahoo will be released from a 10-year jail term this week, his wife says.
4:11AM
29 Aug 2012
A Chinese dissident whose conviction for subversion was based on evidence provided by US internet giant Yahoo will be released from a 10-year prison term this week, his wife said on Wednesday.
4:13PM
22 Jul 2012
In most markets it was long ago surpassed by Google as the most popular search engine, but Yahoo still rules the roost in Hong Kong.That makes the city a unique and important market for Yahoo's...
10:01PM
6 Jul 2012
A New York-listed Chinese internet company has denied claims that it inflated its internet usage data and revenue.
7:23PM
Activists staged a noisy protest outside the South China Morning Post's Causeway Bay office yesterday, accusing the paper of self-censorship by downplaying coverage of the death of dissident Li...
6:10PM
Alibaba Group plans to talk directly to Yahoo chief executive Scott Thompson, side-stepping dealmakers from his company, after the failure of talks on a buy-back of shares in the Chinese firm held...
7:36AM
You go on board! Is that clear? Do you hear me? It is an order. Don't make any more excuses
Coastguard orders to captain Francesco Schettino after he abandoned his cruise ship with...
5:43AM
It is the role of the media to unearth and publish information of public interest, which sometimes means printing or broadcasting material that governments do not want people to know or breaking...
11:37PM
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