Yahoo CEO poised to make fateful decision on Alibaba stake

Yahoo CEO Marissa Mayer is facing her biggest business decision since she left Google two-and-a-half years ago to lead its struggling rival: how to manage Yahoo's most valuable asset, a 15 percent stake in Chinese Internet ...

China taxi booking app raises $600 mn for expansion

The operator of one of China's leading taxi booking apps, Kuaidi Dache, has raised $600 million for expansion, a statement said Thursday, even as the government tightens control over such services.

Apple CEO Tim Cook says Apple Pay a success

Apple CEO Tim Cook said Apple's new mobile payment system had over 1 million activations in the first three days after it became available, and is now more widely used than any competing payment system.

Yahoo CEO defends strategy in face of criticism

Signaling her reign has reached a pivotal juncture, Yahoo CEO Marissa Mayer is trying to convince restless shareholders that the long-struggling Internet company is heading in the right direction.

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