Scott Thompson
Connections
Around the web
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Key Events Involving Yahoo and Its Performance
Yahoo has reached a deal to buy online blogging forum Tumblr for $1.1 billion, the latest acquisition under CEO Marissa Mayer. Yahoo is paying mostly cash for Tumblr and expects to complete the deal by the end of the year. Here are key events involving Y from ABC News Read more »
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Major Sony Shareholder Calls for Company to Partially Spin-Off Movie & TV Studio, Record Label
Zealous hedge fund manager Daniel Loeb has urged Sony to partially spin-off its entertainment division in a letter to CEO Kazuo Hirai on Tuesday. Loeb's Third Point now owns a 6.5% stake in Sony, a stake valued at $1.1 billion. The New York Times reporte from MSN Entertainment Read more »
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Break up Sony, hedge fund chief urges
Daniel Loeb, founder of Third Point, wants Sony to spin off its entertainment division and sell its profitable insurance unit, in order to focus on reviving the electronics arm. This is one of Sony's latest laptops, the Vaio Fit 14. (Credit: Sarah Tew/CN from CNET Read more »
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Billionaire investor calls for Sony to break off part of entertainment business
A prominent Wall Street hedge fund manager is calling for Sony to spin off some of its holdings in order to focus on its core electronics business. Daniel S. Loeb, whose Third Point fund owns one of the largest stakes in the company at 6.5 percent, is pu from The Verge Read more »
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Why Is Yahoo's Marissa Mayer On A Buying Spree?
Marissa Mayer, former Google (GOOG) executive and present Yahoo (YHOO) CEO, has been able to turn Yahoo from a floundering behemoth to a company with lingering promise, in less than a year. Some of the steps she has taken so far to turn the company aroun from Seeking Alpha Read more »
