yahoo: Iwata had been in open dispute with the larger company and said he would push Yahoo Japan to sell its stake in his company. ; The clash, rare in corporate Japan, flared last month after Askul accused Yahoo Japan of violating the spirit of their agreement and the smaller company's independence by demanding the sale of internet mail-order business Lohaco, according to The Japan Times. Iwata tried to line up at least four potential bidders to buy out Yahoo Japan's 45 percent stake. Investors in Askul, led by Yahoo Japan, rejected the reappointment of CEO Shoichiro Iwata and three independent directors at the company's annual shareholders meeting on Friday. Yahoo Japan, backed by Soft Bank Group Corp., has responded by pressing for Iwata's ouster because of dissatisfaction with the company's deteriorating business. Georgieva, if appointed, would ... More privacy missteps cast cloud over voice-activated digital assistants Focus A series of privacy missteps in recent months have raised fresh concerns over the future of voice-activated online digital assistants, a growing market seen by some as the next fron... /4973089/JT-teads googletag.cmd.push function googletag.display ; ; Yahoo Japan has said it has no intention of off-loading its stake in Askul, which has a market value of 154 billion 1.4 billion . Twitter Facebook Linked In LATEST BUSINESS STORIESSouth Korea-Japan rift spills over into RCEP trade meetingA widening rift between Japan and South Korea spilled over at a meeting of 16 mostly Asian countries negotiating the world's largest free trade agreement Saturday, according to Japan's representati... Divided EU taps Bulgaria's Kristalina Georgieva as IMF candidate In a fractious vote, EU ministers on Friday chose the Bulgarian No. 2 of the World Bank, Kristalina Georgieva, as the bloc's candidate to become IMF chief.
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