Posts tagged with Dan Loeb

In epic Wall Street battle, hedge fund manager turns to AdWords

Billionaire hedge fund manager Bill Ackman believes that Herbalife, a multi-level marketing company, is an illegal pyramid scheme.

And he says not just talking: he's shorted Herbalife stock, which is publicly-traded, to the tune of $1bn.

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Is Yahoo making its last stand with Marissa Mayer?

Yahoo's decision to bring in now-former Googler Marissa Mayer to try to lead a comeback of a once-great internet icon has created quite a buzz and has some critics believing that for the first time in years, Yahoo's board of directors may be taking the company in the right direction.

But in my opinion there's already a worrying sign about the recruitment: Yahoo gave her a deal she couldn't refuse.

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