Story | Jan 28, 2015 | 10:35 AM
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Story | Jan 28, 2015 | 3:22 PMYahoo CEO Marissa Mayer is losing a precious security blanket now that she is spinning off the Internet company's prized stake in China's Alibaba Group.
Story | Jan 28, 2015
Yahoo CEO Marissa Mayer is spinning off the company's $39 billion stake in China's Alibaba Group Holding in a move that wards off a potential shareholder rebellion. The highly anticipated decision announced Tuesday will enable Yahoo to avoid paying...
Story | Jan 27, 2015 | 7:38 PM
Story | Jan 27, 2015 | 2:20 PM
SUNNYVALE, Calif. Yahoo plans to return $40 billion to its shareholders by spinning off its huge stake in Chinese e-commerce company Alibaba, the company said Tuesday. "This level of capital returns is historic, especially for a company of our size," CEO...