Yahoo! announced today it has reached an agreement with Alibaba Group on a staged and comprehensive plan to unlock the Yahoo's investment in Alibaba. The plan, which was announced in a release ...

Yahoo Inc shares opened 3.5 percent higher on Tuesday after the company said it would proceed with the spinoff of its stake in Chinese e-commerce company Alibaba Group Holding Ltd despite the risk ...

Alibaba Group Holding Ltd. is near an agreement to buy back a 20 percent stake in itself from Yahoo! Inc. for about $7 billion, said a person with knowledge of the matter. The purchase may pave ...

Yahoo and Alibaba said the negotiations over the Alipay spinoff were underway because neither side looks good in this one. Alipay, China's largest online payment network, is worth billions of dollars.

The latest windfall will be delivered with Alibaba's record-setting IPO completed late Thursday, which is expected raise up to $25 billion for the e-commerce company and its early backers. Alibaba ...

Yahoo warned investors that its planned spin-off of shares in Alibaba may incur a previously unexpected tax bill, either from the U.S. IRS or Chinese tax authorities.