Aug 1, 2016 - No losses of job, salary in SBI merger: Arundhati Bhattacharya

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
This fascinating piece titled 'How Jerry Yang killed Yahoo, by Saving it', discusses how ironically, the Yahoo sale became an inevitability not in spite of Yang's amazing Alibaba heist, but because of it. Here's Bloomberg View's Matt Levine's comments on it. ".. what is much more shameful is that the whole point of Yahoo as a company right now is to not pay taxes on Alibaba. I realize that seems a bit hyperbolic, but just look at those numbers. Those Alibaba taxes are worth at least two and a half times the value of Yahoo's entire business. If there was a way to avoid paying taxes on the Alibaba shares that involved burning all of Yahoo's actual businesses to the ground, Yahoo should do that all day long, and then do it again the next day. It would still add shareholder value". Read the full article here.

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Today's TradeBriefs Cartoon

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XLRI Jamshedpur hosts webinar on ‘Structural Changes in the Banking Sector’

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