Latest Yahoo! Japan Items
Yahoo's previous turnaround attempts have flopped under three different leaders with dramatically different backgrounds _ former movie mogul Terry Semel, beloved Yahoo co-founder Jerry Yang and profanity-spewing Silicon Valley veteran Carol Bartz.
Yahoo appears to be getting closer to giving its frustrated shareholders something they've long wanted: a sale of the Internet company's holdings in China and Japan.
Yahoo keeps losing ground in the fast-moving Internet market, increasing the pressure on the struggling company to abandon its perpetual turnaround attempts and negotiate a sale with one of several prospective bidders.
Federal Reserve Chairman Ben S. Bernanke said Thursday that he is surprised by how cautious consumers remain more than two years after the recession officially ended. But he offered no hints of further steps the Fed might take to try to boost the weak economy.
An activist investment fund disclosed Thursday that it has bought a 5.2 percent stake in troubled Web portal Yahoo Inc. and called for sweeping changes to the board.
PayPal, the online payment unit of Internet commerce firm eBay Inc., is planning to break into the Japanese market _ the first time it has entered a region without eBay's powerful auction business.