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Yahoo business

Yahoo looking to slash 10% or more of its workforce

Yahoo Inc is working on a plan to cut its workforce by at least 10 percent and it could start the process as early as this month, Business Insider reported, citing sources.

Jan 07, 2016, 11:37 AM IST

Yahoo reverses course on plan to spin off Alibaba stake

Yahoo Inc shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday, under pressure from activist investors worried about billions of dollars in taxes, and said instead it is looking at creating a separate company to hold the rest of its assets.

 

Dec 10, 2015, 12:18 PM IST

Yahoo profit beats estimates at $312 mn

The California Internet company said it earned USD 312 million on revenues of USD 1.1 billion, topping most analyst forecasts.

Apr 16, 2014, 09:21 AM IST

Yahoo honeymoon hits reality for Internet sweatheart Mayer

The axing this week of Yahoo`s second-in-command sent a signal that reality is setting in for Silicon Valley sweetheart Marissa Mayer, who leads the struggling Internet pioneer.

Jan 18, 2014, 13:22 PM IST