Among the best-known names on the Internet, Yahoo was one of the first companies that enabled users to find their way online, but it has lost its role as a leader.
Yahoo's long-running identity crisis is spiraling in a new direction now that the company is abandoning a year's work on a tax-dodging spinoff to pursue an alternative path that will carve off its Internet business instead.
Yahoo flipped its reorganization plan Wednesday, announcing it would keep its stake in China's Alibaba but spin off its core Internet business—creating new uncertainties for the struggling tech giant.
Yahoo has abandoned plans to spin off its large stake in Chinese online giant Alibaba, CNBC television reported Tuesday, citing unnamed sources.
Verizon's top executive on Tuesday left open the possibility that the US telecom giant could make a bid for Yahoo if the Internet firm puts itself up for sale.
A persistent question has dogged Yahoo Inc. for many years now: Can the beleaguered company turn itself around?
Yahoo launched a next-generation messaging platform Thursday in an ambitious bid to steal a march on a crowded field, as rumors swirled that the Internet pioneer is considering selling its core business.
Yahoo's board is considering an activist shareholder's demand to sell the Internet services the company is best known for, a maneuver that might help the company dodge a tax bill of more than $10 billion looming over its ...
Shares of Yahoo are up sharply Wednesday on a report that the company will discuss the sale of its Internet business.
Yahoo's board will meet to discuss whether it should sell its core business instead of its Alibaba stake, according to a report Tuesday in The Wall Street Journal.