livedoor
Innovation Interactive Announces Management Buyout
Acquistion announcements are continuing at a record pace this quarter, today with a big announcement from Innovation Interactive. Innovation Interactive, a search-centric digital marketing services company and the parent company of 360i and SearchIgnite, today announced that it had completed a management-led buyout from its parent company, Livedoor Japan. The buyout [...] more...
Former Livedoor Chief Gets 2 ½ Years
The verdict came in this morning from Japan. Former Livedoor CEO Takafumi Horie has been found guilty of securities fraud and sentenced to two-and-a-half years in prison. His defense team immediately appealed the decision. Throughout the trial, Horie, who pleaded not guilty, claimed that he had been framed. The trial, which [...] more...
Japan Braces for Livedoor Verdict
Japan is holding its breath as Takafumi Horie, former CEO of Internet conglomerate Livedoor, awaits his fate from a Japanese court system known for returning guilty verdicts. Horie was arrested in January 2006 for alleged securities fraud. Unlike the rest of Japan’s be-suited business class, Horie was known in Japan for [...] more...
Witness Describes Sneakiness at Livedoor Trial
The trial of Japanese Internet pioneer Takafumi Horie is in full swing. Prosecutors say the 33-year-old founder of Japan’s largest Internet portal Livedoor, whose rock star antics include the failed purchase of a pro baseball team, the attempted takeover of a major Japanese broadcast media conglomerate, and the yet unrealized [...] more...
Livedoor’s Horie Headed to Jail
Takafumi Horie, founder of the beleaguered Japanese portal Livedoor, and three other company execs have been arrested under the country’s Securities Exchange Law. Livedoor is now suspected of securities fraud and falsely reporting company losses. Horie, the Internet maverick and template for the new Japanese entrepreneur, has often rubbed the [...] more...
Prosecutors Raid Livedoor Offices
Investigators from the Japanese Securities and Exchange Surveillance Commission and the Tokyo District Public Prosecutors Office have searched the Tokyo offices of Japanese internet giant Livedoor in connection with allegations of securities exchange law violation on Livedoor’s part. The Tokyo prosecutors office believes that in 2004, Livedoor subsidiary Livedoor Marketing—once [...] more...
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