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Yahoo to keep Alibaba, spin off core business (Update)

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 says IRS declined to rule on Alibaba spinoff

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.

Yahoo CEO's pay package climbs in 2014 due to stock gains

The value of Yahoo CEO Marissa Mayer's pay package surged last year, mostly due to gains in the Internet company's stock price that came despite concerns about the overall health of Yahoo's business.

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