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 ...
Alibaba, Yahoo and Softbank said they have settled a financial squabble over Alipay, a payment system in China. The companies have dueled over disclosure and legality of Alibaba's move to spin off ...
Yahoo has scrapped its plan to spin off its stake in Chinese e-commerce firm Alibaba and will instead create a new company that contains everything but its Alibaba shares. The company described the ...
Yahoo and Alibaba Group issued a joint statement on Sunday, in what appeared to be a symbolic effort by the companies to move past a dispute involving a Chinese online payment service. The dispute ...
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