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Yahoo's Long Goodbye With Alibaba Takes Heat Off Mayer

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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Yahoo CEO Marissa Mayer speaks during her keynote address at the annual Consumer Electronics Show (CES) in Las VegasBy Alexei Oreskovic SAN FRANCISCO (Reuters) - Yahoo Inc cannot seem to part ways with Alibaba. Yahoo said on Tuesday that it would keep a bigger-than-expected chunk of its stake in Alibaba when the Chinese e-commerce company goes public later this year. "It remains a very large fig leaf," Pivotal Research Group analyst Brian Wieser said of Yahoo's Alibaba stake, which he said "obscures" Yahoo's weak results.




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