News - Yahoo sells half its stake in Alibaba for $6.3 billion
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Yahoo shares rise up to 3.8 per cent on the news.
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Re: News - Yahoo sells half its stake in Alibaba for $6.3 billion
Glad I didn't buy any FB shares so far :p
Re: News - Yahoo sells half its stake in Alibaba for $6.3 billion
yup fb overvalued by normal punters...and I can't see how they can keep the ad revenues high enough to keep their stock valuation high. I know plenty who are leaving fb. On this deal though, yahoo need to innovate a bit more, they kinda stifle their investments, like flickr for example. There is so much more they could do with that little baby...