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Yahoo said the transaction is still on track to close by the end of the year, sending Yahoo’s shares up in after hours trading on Monday.

The news comes a couple of weeks after the IRS declined to give its advanced blessing to the transaction in a so-called “private letter ruling” that Yahoo had requested.

Yahoo is going ahead with its plans to spin off about $22 billion in Alibaba shares-even if there’s a risk of a multibillion-dollar tax bill. While the agency is stepping up scrutiny of such transactions, Yahoo is going forward with the plan, which was announced in January,...

SAN FRANCISCO, United States-Yahoo notified USA regulators that it is proceeding with plans to spin off its multi-billion-dollar stake in Alibaba despite the unanswered question of what the tax bill could be.

This isn’t the first time Minaj has been accused of self-aggrandizing but this time Zendaya’s fan’s weren’t having it. Even some of Nicki’s “Barbz” found themselves giving her the side-eye.

Alibaba, of course, disagreed, and on Sunday followed with a lengthy response, going through Laing’s argument on an nearly point-by-point basis, adding that the story, “lacks three key ingredients – integrity, professionalism, and fair play”. Banking on...

This is HER decision that she is making for HER family, not yours or anyone else’s.

The show’s star Joel McHale confirmed that Yahoo has cancelled his comedy series after six seasons between the streaming site and NBC. “But all our contracts were up after six years. All the actors on the show, nearly without exception – their stock has risen...

Yahoo has announced on Friday that it has reached an agreement to purchase social shopping site Polyvore.

The only novel feature of Livetext is that, unlike other video messaging apps, it has no sound. Companies can now post messages to you. The lack of audio, the company says, removes inhibitions that people might feel when they otherwise receive video calls in public.

The details of the upcoming acquisition’s financial terms were not given, and the deal is said to be subject to certain unspecified closing conditions.

Financial details of the acquisition of the Silicon Valley-based startup were not disclosed.

The S&P 500 slipped 11 points, or 0.5%, to 2117, while the Nasdaq Composite shed 16 points, or 0.3%, to 5203. “Some days we’ll be up because of good earnings and some we’ll be down because of bad earnings”. China was supposed to pick up the slack, but...

Yahoo is releasing a mobile messaging app that combines texting with live one-on-one video. The tech giant hopes it will prove a worthy rival to WhatsApp, Snapchat and others.

The app is already available in Hong Kong and Taiwan, and will arrive in the US, Canada, UK, France and Germany on Thursday for smartphones running on iOS or Android operating systems. The tech giant hopes it will prove a worthy rival to WhatsApp, Snapchat and others.