As per a report by Bloomberg on Friday night, October 28, 2011, Yahoo! Inc. is now considering selling its Asian assets including Alibaba.com auction and ecommerce website and Yahoo! Search in Japan. In order to cool down its shareholders demand, Yahoo will give back the proceeds to them, but not selling the entire company.
While Yahoo! has signed a ten year deal with Microsoft two years ago, Yahoo! Search in Japan is not powered by Bing decision engine, but by Google search engine.
After firing former CEO Carol Bartz in early September, Yahoo! is now the largest target for takeover by several groups of deep pocket investors. Other Silicon Valley’s technology companies including Google backed group of investors and Microsoft, have been rumored to be the top buyer for Yahoo! Internet properties.