Yahoo Set for Bid from Group Backed by Warren Buffett

Reuters: Berkshire Hathaway chief Warren Buffett is said to be backing a consortium vying for Yahoo’s internet assets that includes Quicken Loans founder Dan Gilbert. While there is no certainty that the consortium will prevail in the auction, the interest of Buffett and Gilbert is a boost for the Internet ompany, which has been surpassed in recent years by rivals such as Alphabet in the race for users and advertising dollars.