Yahoo, Acquisition | featured news

An app created by a UK teenager has been acquired by web giant Yahoo in a deal the BBC understands to be worth "dozens of millions" of pounds. Seventeen-year-old Nick D'Aloisio's Summly app summarises news stories from popular media companies.

Yahoo is in talks to buy a controlling stake in online-video site Dailymotion, in what would be Yahoo CEO Marissa Mayer's first major acquisition.

Yahoo (YHOO) announced its first acquisition under CEO Marissa Mayer on Thursday, a New York-based mobile startup named Stamped that was founded by two former Google (GOOG) employees and received financing from celebrities including Justin Bieber.

Yahoo Inc and its Asian partners, China's Alibaba and Japan's Softbank Corp, have called off talks over a tax-free sale of the U.S. company's Asian assets, a source familiar with the situation told Reuters.

Internet company Yahoo Inc. has agreed to buy online advertising network Interclick Inc. for $270 million in cash. The deal announced Tuesday is expected to help Yahoo target advertisements to its online audience. Interclick's technology will allow Yahoo to "to expand its targeting and data capabilities to deliver campaigns" more effectively, Yahoo said.

Microsoft Corp is considering a bid for Yahoo Inc, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008, sources close to the situation said on Wednesday.

Yahoo Inc. recently approached Hulu to discuss a possible acquisition of the popular online video service, according to a person with knowledge of the matter.

Yahoo has acquired start-up IntoNow, a service that enables people to “check-in” to content while watching it on their televisions.

Yahoo's inability to snap out of a financial funk may be about to turn the Internet company into a takeover target for the second time in less than three years.