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 (YHOO.O) plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd (BABA.N), responding to pressure to hand over to shareholders its prized e-commerce investment valued ...

Yahoo shelved its plan to spin off its stake in Alibaba, dealing a blow to Chief Executive Marissa Mayer’s turnaround effort and prolonging the uncertainty of a 20-year-old Internet company ...

But what will Yahoo do with it? In a 2012 sale of Alibaba stock, Yahoo garnered $7 billion, most of which went to buying back the latter's own stock, steadying and bolstering its share price.

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.

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.

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 ...