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Yahoo chief Marissa Mayer to leave company board after Verizon sale

Yahoo confirmed on Monday that chief executive Marissa Mayer will quit the company's board after its merger with Verizon. Mayer is expected to remain with Yahoo's core business, which is being bought by the US telecom titan. Yahoo is selling its internet operations as a way to separate that from its more valuable stake in Chinese internet giant...

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Business |UPDATE Featured

Yahoo to keep Alibaba and spin off core business

Yahoo flipped its reorganization plan Wednesday, announcing it would keep its stake in China's Alibaba but spin off its core Internet business -- creating new uncertainties for the struggling tech giant. The decision marks a U-turn on a previous plan to spin off Yahoo's vast holdings in e-commerce giant Alibaba, which could have exposed it to a...

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