Starboard Value is putting new pressure on Yahoo, calling on the company to halt the spinoff of its stake in Alibaba and instead sell its beleaguered Internet business.

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 ...

Jack Ma, CEO of Chinese Internet giant Alibaba Group, said firms have approached him about a Yahoo deal. Yahoo owns a large stake in Alibaba.

The deal, announced Sunday in the U.S., will see Alibaba Group buying back half of its 40 percent stake from Yahoo Inc. for $6.3 billion cash and up to $800 million of Alibaba preferred shares.

CUPERTINO, Calif. — Yahoo Inc. made investors happy by announcing a spinoff of its nearly $40-billion stake in Alibaba Group Holding, but the move won't add money to Yahoo's coffers — or mask ...

Yahoo needs to figure out what to do with its Alibaba holdings and divest them responsibly.