Showing posts with label Yahoo. Show all posts
Showing posts with label Yahoo. Show all posts
Yahoo takes Alibaba stake sale by a billion
Yahoo is following the sale of half of its shares in the Chinese Internet company Alibaba at $ 4.3 billion richer (3.3 billion euros). All remaining after deduction of taxes and fees on the purchase price. The U.S. company announced on Tuesday the completion of the deal, which was announced since May.
Yahoo boss Marissa Mayer said the transaction had gone off without a hitch. $ 3 billion are now additionally to the shareholders own the $ 643 million that Yahoo has been paid since May. That is less than originally expected, but indicated more than temporarily by Mayer.
The share of 40 percent in Alibaba was considered the most valuable items in the Yahoo-books. After long negotiations, the Chinese bought back about half of the shares at the price of $ 6.3 billion in cash and $ 800 million in preferred stock. Added $ 550 million to come through a licensing agreement.
New Yahoo boss angry shareholders
Only three weeks after taking office, met Yahoo chief Marissa Mayer, the shareholders in the face. They noted numerous decisions of their predecessors in question - including the promise to the billions from the sale of shares in the Chinese Internet company Alibaba to its shareholders.
Yahoo said in a stock exchange announcement that Mayer look together with the Board's growth and acquisition strategy of the company, to the restructuring plan and the targeted capital allocation and cash on hand. Alone, the Alibaba sales will bring in $ 6.3 billion in cash. Almost all the money that's left after taxes, was actually the shareholders were promised - in the form of a share buyback. The review of corporate strategy but could now lead to the fact that the share buyback program and the plans, the total dividend income remaining income from the Ali-Baba business to shareholders would be changed, there was now a duty release, the Yahoo of U.S. Securities and Exchange Commission filed.
The former manager of Google's peak in mid-July had taken the helm at Yahoo and now needs to stimulate the sluggish current business. Mayer wants to make yahoo back to an "innovation machine" in order to compete against rivals such as Google or Facebook can. But that costs money and needs employees. Currently running job cuts, the fall of 2000 to 14,000 employees by the victim. Mayer wants to develop a new strategy in any case and above all improve the Yahoo mail products, search, Flickr, and advertising. This could also include acquisitions in question, it said beriets few days ago.
On the stock market which now has become known projects to share repurchases and dividends were not exactly greeted with enthusiasm. The price of Yahoo's stock, already in the normal trading with a loss of 1 percent was slightly under pressure, fell further in after-hours trading. He slumped by 3.44 percent to 15.46 U.S. dollars.
Internet Protocol version6 (IPv6) on its way to be Launched on 6th June 2012
Internet society and several major internet companies including Google, Facebook, Microsoft and Yahoo etc are going to launch Internet Protocol version6 (IPv6) on 6th of June 2012. This will be the next step ahead of IPv4 and is a more better way of identifying devices by IP addresses so they can communicate in more better ways.
In this age of technology where each and every second more and more devices are connected to the internet IPv4 isn't enough to provide enough address space. presently over 4 billion addresses are provided by IPv4 with address space of about 32 bits.
In this condition to provide more connectivity to more and more devices to the global internet introduction and launching of Internet Protocol version6 is a great success and a milestone in the history of internet. With the help of Internet Protocol version6 unlimited number of devices will be able to connect to global internet. Major internet companies are working for many years to replace IPv4 with IPv6 to provide better connectivity to global internet. On 17 January 2012 Internet Society and major internet companies i.e Google, Microsoft, Yahoo etc have unanimously announced that Internet protocol version6 will be launched on 6 June 2012.
Benefits and major consequences are quite visible
1.It will replace IPv4
2.Unlimited number of devices will be able to connect to global internet
3.It will expand address space
4.previous address space of 32 bits will be replaced by broad address space of 128 bits
5.end to end next generation internet service
Many companies started testing this IPv6 in June 2011 but from 6 June 2012 it will be permanent. That's the reason all the services of major internet companies will be available only on IPv6.In this scenario Google has also launched a test service to provide its users a service to test whether their device can cope up with Internet Protocol version6 or not.
Subscribe to:
Posts (Atom)