Yahoo: pressing task

As the group unloads its Asian assets, it will be presented with the tricky task of proving that it is a viable technology business and not a media relic
The internet company has undergone a radical restructuring as it fights to restore growth following the sacking of chief executive Carol Bartz and sweeping job cuts
The sovereign wealth fund and private equity firms look to invest in the ecommerce group as it seeks to raise funds to buy back shares from Yahoo
Alibaba will buy back half of Yahoo’s 40% holding for a minimum of $7.1bn, paving the way for the US internet group to exit fully its stake
The deal under discussion would involve the US group selling about $7bn of its stake in the Chinese ecommerce group, valuing Alibaba at $35bn
The departure of Scott Thompson accelerated a board-level reshuffle that brought to an end the looming proxy fight threatened by Third Point
The cancellation of stock options, bonuses and salary that Scott Thompson was likely to receive adds to the impression he was forced out of the company

As the group unloads its Asian assets, it will be presented with the tricky task of proving that it is a viable technology business and not a media relic
Agreement with Yahoo reduces the joint voting rights of foreign companies in the Chinese group to 49.9 per cent
There are limits to embellishing a CV. It is generally considered a no-no to lie about a qualification, if only because this is easily checked
Rallying the demoralised troops will be harder now that CEO Scott Thompson has just been stripped of his own technical cred
A proxy war and the disposal of Asian assets hang over the US search group
Can the former PayPal head turn around Yahoo? That is the question being asked after Scott Thompson was handed the top position
Private equity investors are hoping to buy a big stake and bring new leadership to the web brand as it looks to revive its core internet services
The company needs to choose and execute a clear strategy for returning to growth. A complex ownership structure, seems entirely unlikely to help with that