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 ...
Yahoo said it is selling up to half its stake in Alibaba Group back to the company. Yahoo's relationship with Alibaba grew rocky last year when Alibaba transferred away ownership of its Alipay ...
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