Alibaba Group CEO Jack Ma told the the AllThingsD D9 conference that Yahoo! should be broken into pieces. Ma may be in the midst of a beef with the search company, which holds a major stake in his firm, but despite the idea's source, a break-up could make sense financially.
Yahoo's analyst day Wednesday addressed the steps the struggling Internet pioneer is taking to reposition the ship and revive its sagging stock, but on the subject of a controversial transaction involving one of its major Asian investments, its executives left a number of questions unanswered.
A group of private-equity investors is calling on the CEO of Chinese Internet giant Alibaba Group to throw his support behind a buyout offer for Yahoo, Reuters reports. Alibaba founder Jack Ma is reportedly considering his options regarding the U.S. firm that holds a 40% stake in his company.