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The sudden ouster of Yahoo CEO Carol Bartz wasn't triggered by one specific factor, but rather because Ms. Bartz wasn't reaching a series of performance targets.
Yahoo and Chinese internet company Alibaba reach an agreement over its online payment service Alipay... Yahoo and Alibaba have now agreed that Alibaba would benefit from any future financial gain, such as a public offering.
Yahoo Inc. recently approached Hulu to discuss a possible acquisition of the popular online video service, according to a person with knowledge of the matter.
Yahoo executives said they had made "significant progress" with Alibaba Group to settle a row over ownership of a key unit that affects the value of the U.S. Internet giant's investment in its Chinese partner.
Earlier this week it was announced that Yahoo is selling social bookmarking service Delicious to the founders of YouTube and their new company called Avos. After the announcement was made, the companies told everyone who had ever had a Delicious account that they needed to log in and opt-in to having their data transfered over into the new company.
Yahoo Inc's quarterly net revenue slid 4 percent and it forecast a further slide this quarter as it struggles to revive growth in the face of intense competition from Google and Facebook.
Internet media company Yahoo is preparing to cut as many as 650 jobs, or almost 5% of its workforce, in its latest move to streamline operations and cut costs.