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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Is He In or Is He Out? Crunchtime for Scott Thompson at Yahoo.

Waiting for a verdict in trial of ResuMess.
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Exclusive: The Billion-Dollar Inside Story of How Demand Media Almost Went Private Last Week (And Then Didn’t)

According to sources close to the situation, Demand Media was deep into discussions with a private equity firm to complete a deal that would have taken the online content company private for double its current value.
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It’s Official: Yahoo Lays Off 2,000 Employees — 14 Percent of Workforce

CEO Scott Thompson promises that Yahoo, after staff cuts of 14 percent of the entire workforce, will be “smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require.”
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Yahoo’s Layoffs Tomorrow Morning of up to 2,000 Will Only Be the First Move of a Larger Purge to Come

A dark day will probably dawn by tomorrow in Sunnyvale.
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L.A. Stories: HipSwap Tries to Take the Creepy out of Craigslist (Video)

The mobile app-heavy service allows anyone with stuff, including boutique merchants with quirky stuff to move, to quickly snap photos of items, price them and then — presumably — sell.
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To Stanch Layoffs, Yahoo Has Been Shopping Its Ad Technology Platforms to Google, Microsoft and Others

There’s always yet another wacky money-making scheme on the horizon at Yahoo!
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SingTel To Buy U.S.-Based Mobile Advertising Firm Amobee

Singapore Telecommunications Ltd. said it will acquire U.S.-based Amobee Inc., a provider of mobile advertising solutions, for about $321 million — the company’s first major acquisition since 2007.

Exclusive: Yahoo Asia Deal Talks Off for Now