Yahoo notified US regulators that it is proceeding with plans to spin off its multi-billion-dollar stake in Alibaba despite the unanswered question of what the tax bill could be.
A crucial deal for Yahoo has hit a snag, with the IRS declining to issue a private ruling that would have confirmed the Internet company can spin off its stake in China's Alibaba Group tax free.
Online ratings and reviews are a helpful, if imperfect, guide for potential customers.
American billionaire George Soros's fund has sold most of its stake in the Chinese e-commerce giant Alibaba, according to regulatory filings Friday.
E-commerce giant Alibaba sought job applicants with porn star attributes and other tech firms host adult video starlets: China's new economy powerhouses are not immune from old-style sexism.
Yahoo is moving forward with the spinoff of its sizable stake in China's Alibaba Group, and announced a name for it: Aabaco.
Alibaba Group Holding Ltd., the giant online retailer in China, hoped to replicate its success with a U.S. online shopping site and, thus, take a crack at Amazon.com Inc. and others.
Internet giant Alibaba has joined forces with China's biggest defence company to offer location-based services using a homegrown satellite navigation system that competes with the US GPS network, the firms said.
Chinese e-commerce giant Alibaba will invest $1.0 billion in its cloud computing arm to expand its international presence, the company said Wednesday, as it looks outside its core business and beyond traditional markets.
China's Alibaba plans to launch an online video service that mimics that of US streaming giant Netflix, a report said Monday, marking the e-commerce giant's latest move to expand its business scope.