Lack of a long-awaited turnaround at Yahoo has put pressure on chief executive Marissa Mayer to prove she has what it takes to revive the faded Internet pioneer.
Yahoo has been issued a subpoena in a New York state investigation into daily fantasy sports games, sources close to the case said Thursday.
A hedge fund with a stake in Yahoo urged the Internet giant Thursday to drop its planned spinoff of its stake in China's Alibaba and instead sell the "core" search business.
New York state investigators are looking into Yahoo's daily fantasy sports games to determine if they should be targeted for illegal gambling along with other operators, sources said Wednesday.
Unable to revive Yahoo's revenue growth on her own, CEO Marissa Mayer is hoping for a little help from her old friends at Google.
Yahoo on Thursday set out to make its free email service hip again with upgrades that included getting rid of the need for passwords on mobile devices.
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.
Yahoo said Friday that marketing chief Kathy Savitt is leaving to take a job heading a digital team at television and film industry studio STX Entertainment.
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 Marissa Mayer is promising to be away from the job for just a "limited time" when she gives birth to twins later this year, but the development only adds to the uncertainty some investors have long had about Yahoo.