STREAMLINED: Yahoo! Inc is expected on Tuesday to outline cost-cutting efforts and give details of how it is evaluating possible acquisitions as it faces pressure from an activist investor, the Wall Street Journal reported, citing a person who was briefed on the plan. — Reuters
Yahoo! Inc is expected on Tuesday to outline cost-cutting efforts and give details of how it is evaluating possible acquisitions as it faces pressure from an activist investor, the Wall Street Journal reported, citing a person who was briefed on the plan.
Yahoo! is considering acquiring one or more large technology startups with some of the US$5.8bil (RM18.95bil) it made from the initial public offering of Alibaba Group Holding Ltd, the newspaper said.
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