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3/27/15: Google rival Yahoo! Inc. (Nasdaq: YHOO) has received board approval to boost its share buyback program by an additional $2 billion. The news was reported in a filing with the Securities and Exchange Commission. The company has been under fire from activist hedge fund investors to return cash to its shareholders or to consider asset purchases thanks to the windfall produced its Alibaba Group Holding Ltd. (NYSE: BABA) stake. Shares of YHOO stock rose more than 2.1% in pre-market hours.