Exclusive: Yahoo Finally Set to Strike Alibaba Share Deal — Half Now, Then Half of What’s Left After Eventual IPO

Could the never-ending Yahoo-Alibaba deal finally be close to a handshake? Yes, indeedy.
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PayPal Partners With Japan’s SoftBank to Form Digital Payments Joint Venture

Late this evening, PayPal unveiled a multimillion-dollar joint venture with SoftBank, an Internet and telecommunications provider in Japan, to work together on the future of digital payments there.
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Yahoo’s Q1 Earnings: New CEO Will Get Some Satisfaction!

New Yahoo CEO Scott Thompson is making list and taking names.
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Condé Nast Goes Shopping, Spends $14 Million on ZipList

A shopping list/recipe planner that will help power services like Epicurious.
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Seesmic Lays Off Half Its Staff as It Pivots Back to Social Cross-Posting

San Francisco start-up Seesmic laid off 18 employees this week, bringing its staff down to 15 people.
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Yahoo Sues Facebook for Patent Infringement, Which Social Network Calls “Puzzling” (Including Filing)

In what is either the boldest gamble of its history or the most boneheaded, Yahoo has filed a massive legal attack against the powerful social networking giant for intellectual property violations.
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So It’s the Kodak Strategy for Yahoo — The Last Refuge of the Vaguely Patented

In poking Facebook, Yahoo might now learn what it is really like to be de-friended.
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Exclusive: Yahoo Asia Deal Talks Off for Now

You thought this was going to be easy? Think again!
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Yahoo Starts Making Wish List, as Asian Deal Huffs to Finish Line and Board Changes Readied

Here’s a big, honking update on the Silicon Valley Internet giant’s various machinations for you!
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