Company's CEO and COO were not involved in the spike in fraud but resigned to take responsibility for the "systemic breakdown" in the company's "culture of integrity."
Yahoo has sold its direct stake in Alibaba.com for pre-tax proceeds of $150 million. The company still maintains 28 percent indirect ownership in the trading site.
The relaunched site at www.yahoo.com.cn has a new home page and search-based business model.
The Chinese e-commerce company has been turned out of Taiwan after six years of operating in the country.
The merger of Kuadi Dache and Didi Dache is set to dominate smartphone-based transport services in the country.
With Alibaba's IPO making big winners of the Chinese e-commerce giant and Japan-based stakeholder SoftBank, what are the odds that one of them buys Yahoo?
Alibaba has amended its S-1 filing and has selected the New York Stock Exchange for its IPO, and will list under the stock symbol BABA.
The partners will have a strong hand in setting the course for the Chinese e-retailing giant by picking its directors.
Alibaba's upcoming US market debut means employees are due to cash in, and the company is taking steps to help them manage the windfall.
Quixey believes that app stores represent just version 1.0 of how we find apps. It wants to do better.