Yahoo is splitting its remaining Alibaba shares into a separate company called SpinCo. The move will help Yahoo avoid the tax pitfalls of the investment. The news came Tuesday as Yahoo reported its fourth…
The tech company's 384 million shares will move to a separate publicly traded company called SpinCo. read more
Yahoo announced in its Q4 earnings that it's going to spin-off its remaining stake in Alibaba into a public independent investment company called SpinCo. After the tax-free spin-off, SpinCo will own Yahoo's remaining 384 million Alibaba shares (~$40 billion value). Show More Summary
For months investors have been asking Yahoo CEO Marissa Mayer about her plans to deal with Yahoo’s remaining shares of Chinese company Alibaba. Today, she revealed her plan as part of the company’s fourth quarter earnings report. Investors have been hounding Mayer. As recently as a few weeks ago, activist investor Starboard Value LP was still pressing Mayer […]
Today Yahoo reported its fourth quarter financial performance, including revenue excluding the cost of acquiring traffic of $1.179 billion, and non-GAAP earnings per share of $0.30. The market had expected the company to report $1.19 billion in revenue, and non-GAAP earnings of $0.29 per share. Show More Summary
Yahoo’s up about 6% in post market trading after the company said that it will give its investors stock in a new company that will hold $40 billion worth of Alibaba shares. The new entity will have no debt. It will leave Yahoo with its mostly ad-supported Web businesses plus a 35.5% stake in Yahoo Japan.
In addition to releasing its fourth quarter earnings report, Yahoo just announced its plan to spin off its stake in Alibaba into a new company, currently dubbed “SpinCo.” The new company will own all of Yahoo’s 384 million remaining shares in Alibaba, valued at $40 billion. Read More
Expectations were high this past fall for Matt Bai’s book “All the Truth Is Out: The Week Politics Went Tabloid.” Bai is a former Times political reporter and a current national political columnist for Yahoo, and his book zeroed in on...Show More Summary
Yahoo reports fourth quarter earnings today after the bell. We'll post the numbers as soon as they're out. Click here to refresh for the latest. Analysts are expecting: Earnings per share of $0.29, which would be a drop of nearly 60% from last year. Show More Summary
Activist investors are pushing Yahoo to unload its Alibaba investment in a tax-favored way--and that could have real consequences for companies hoping to woo the tech giant.
In meetings with U.S. officials over the past week and in exclusive interviews with Yahoo News, a visiting group of Iraqi Sunni leaders delivered a bleak message about the state of the conflict with the Islamic State.
Yahoo is expected on Tuesday to unveil its plans on how to divest its 15 percent stake in Alibaba without generating a huge amount of taxes. The primary options involve a spinoff of the company's holdings in some fashion.
Snapchat just announced its new 'Discovery' feature, a collaboration with media companies such as Vice, National Geographic, Yahoo News to bring news to users in the form of Snapchat Stories. Snapchat announced the new feature in a blog post today. Show More Summary
Yahoo's plans for its Asian assets as well as its progress in mobile and video will be in focus when the company reports earnings Tuesday.
Gabrielle Union Denies Rumors She Married Dwyane Wade For Money Gabrielle Union recently sat down with Yahoo Style to talk about life as a busy working wife. Gabbi first shoots down rumors that she hooked up with Heat baller Dwyane
The ex-Googler and current Yahoo CEO spells out three rules that anyone can use to make their app better. A new book about embattled Yahoo CEO Marissa Mayer reveals her three rules of great app design. Written by Nicholas Carlson, Marissa...Show More Summary
Attention at Yahoo! Inc. (NASDAQ:YHOO) shifts to the much-awaited announcement from CEO, Marissa Mayer, on the company’s next course of action with regards to the remaining Alibaba Group Holding Ltd (NYSE:BABA) stakes. Bloomberg, Betty Liu, notes that Yahoo is entangled in a dilemma of how to bypass, paying a huge tax bill on the sale […]
The NBA has reportedly scored a dream lineup for this year's three-point competition. According to Yahoo Sports' Adrian Wojnarowski, the event, which will take place on Saturday, Feb. 14, is going to feature Stephen Curry, Klay Thompson, Kyle Korver, Wes Matthews and J.J. Show More Summary
Yahoo may unload billions of Alibaba stock but pay pennies in tax. What gives? And why can't mom and pop investors have their cake and eat it too?