Yahoo Is Reportedly Not Going To Spin Off Stake In Alibaba

Yahoo Is Reportedly Not Going To Spin Off Stake In Alibaba

marissa mayer Yahoo is not going to spin off its 15% stake in e-commerce giant Alibaba, according to sources cited by CNBC. Instead, Yahoo is going to look into selling its core Internet business. Yahoo’s core business includes its web properties, apps, search, media, ad business, etc. Just yesterday, Verizon’s chief financial officer, Fran Shammo, said Verizon could potentially look at… Read More
TechCrunch » Yahoo

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