Yahoo Inc YHOO.N is set to put together a new shortlist of bidders for its core internet assets after several parties, including Verizon Communications Inc (VZ.N) and AT&T Inc (T.N), made second-round offers, people familiar with the matter said.
Yahoo appears to be making progress in efforts to sell itself, despite some initial skepticism.
Executive tweets that identical twin girls were born Thursday morning
Yahoo shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) on Wednesday.
Critics are charging once celebrated CEO Marissa Mayer with failing to pick a direction for the tech company, and questioning whether it can ever recover
The board's meeting comes amid a broader debate about the future of the company and that of high-profile Chief Executive Marissa Mayer.
Activist investor Starboard Value LP asked Yahoo to drop plans to spin off its stake in Alibaba Group Holdings Ltd (BABA.N) due to tax concerns, and instead urged the company to sell its core search and display advertising businesses.
Starboard Value LP is putting new pressure on Yahoo Inc., calling on the company to halt the spinoff of its stake in Alibaba Group Holding Ltd. and instead sell its beleaguered Internet business.
The U.S. National Security Agency has secretly broken into the main communications links connecting Yahoo and Google data centers around the world, the Washington Post reported Wednesday.
Yahoo China shut down its email service on Monday, with all inbox information deleted.
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