Kara Swisher

Recent Posts by Kara Swisher

Yahoo Increases Share Buyback Plan to $5 Billion and Announces Debt Deal

Yahoo’s board, which just met, has increased its share buyback authorization by $5 billion, a move which should keep its already Alibaba-lifted stock in place for the short term. The Silicon Valley Internet giant also said it was doing a $1 billion debt offering of convertible senior notes and that it intends to use the money for things like stock buybacks and possible acquisitions. Yahoo has been aggressively purchasing its own stock under the tenure of CEO Marissa Mayer.


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There was a worry before I started this that I was going to burn every bridge I had. But I realize now that there are some bridges that are worth burning.

— Valleywag editor Sam Biddle