NEW YORK — Yahoo Inc. and Alibaba Group released a joint statement Sunday saying they are “engaged in and committed to productive negotiations,” giving few details but aiming to present a united front ...

NEW YORK (AP) — Yahoo is scrapping its original plan to spin off its prized stake in China's Alibaba Group and will instead break off the rest of its business into a new company. The change of heart ...

SAN FRANCISCO (Reuters) - Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment ...

Struggling US firm Yahoo has announced a deal to sell part of its stake in China's largest internet company, Alibaba Group. Alibaba is to buy back half of the 40% stake owned by Yahoo, following ...

SAN FRANCISCO (AP) — Yahoo is making amends for years of blundering with one smart move: an early investment in Alibaba Group that has turned into a multibillion-dollar boon. The latest windfall came ...