SAN FRANCISCO (AP) — Yahoo is scrapping its original plan to spin off its prized stake in China's Alibaba Group and will instead explore an alternative breakup that could make it easier to eventually ...
Yahoo CEO Marissa Mayer is spinning off the company's prized stake in China's Alibaba Group Holding in a move that will enable Yahoo to avoid paying billions of dollars in future taxes. A newly formed ...
Yahoo and Alibaba Group said they "are engaged in and committed to productive negotiations" to resolve a dust-up over Alipay, a unit that was moved to another investment vehicle. In a statement, Yahoo ...