Alibaba Eyes Yahoo

TAKEOVER

Updated Apr. 24, 2017 12:51PM EDT / Published Dec. 29, 2011 12:05PM EST

Getty Images

Could Yahoo go to China? The Chinese e-commerce company Alibaba recently hired a Washington lobbying firm as it contemplates a bid for the former Internet heavyweight. Yahoo currently owns a 40 percent stake in Alibaba, but it's considering cutting that share, as well as its stake in Yahoo Japan. Alibaba founder Jack Ma has previously said he’s interested in owning all of Yahoo, but such a move would likely come under scrutiny from the U.S. government; hence the lobbying firm, which is headed by Kenneth Duberstein, President Reagan’s former chief of staff.

Read it at Reuters

R.F.K. Jr.’s Old Environmental Pals Tell Him to Get Lost

“His actions are a betrayal to our environment,” the candidate’s former mentor said of him.

United Airlines ‘Disturbed’ by Video of Coach in Cockpit

A video posted to Instagram showed the team’s coach sitting in the cockpit.

Iranian Official Says Israeli Drones Are ‘More Like Toys’

“What happened last night was not a strike,” he said.

John Cleese Cancels His Own Cancel Culture Show

The “Monty Python” star has stalled the show for three years.

Third Republican Signs On to MTG’s Motion to Vacate Speaker

Rep. Paul Gosar (R-AZ) joined up just three days after Rep. Thomas Massie (R-KY) voiced his support for the resolution.

New Deets Surface on Barbara Walters and Diane Sawyer’s Beef

Despite the two being bitter rivals, Sawyer also conceded, “We spent a lot of time laughing and forging a real friendship.”

A D.C. ‘Skinny’ Home Is Listed for $600K—It’s 6 Feet Wide

A change in zoning laws forced the owners to put their building plans on a serious diet.

Ethics Panel Wants to Know if Gaetz Got High at Parties: ABC

The House committee has reportedly obtained a woman’s statement claiming the Republican attended an event where drugs were present.

Alibaba Eyes Yahoo

Getty Images