Yahoo | featured news

After being fired, Bartz gave an inflammatory interview to Fortune magazine in which she characterized Yahoo's board as "doofuses" who "fucked me over".

And so it begins. After Yahoo this week gave CEO Carol Bartz the axe, the stock rallied on the suspicion on the Street that the company almost certainly has now been put into play, and might not last very long with its current corporate structure.

The sudden ouster of Yahoo CEO Carol Bartz wasn't triggered by one specific factor, but rather because Ms. Bartz wasn't reaching a series of performance targets.

Yahoo Inc said on Tuesday it has removed CEO Carol Bartz and replaced her on an interim basis with Chief Financial Officer Tim Morse, ending a rocky two-year run marked by stagnating growth and a bitter rift with Chinese partner Alibaba.

Softbank said it will pocket a handsome profit by repaying a $1.135 billion loan from Citibank with most of its 4% stake in Yahoo.

Yahoo and Chinese internet company Alibaba reach an agreement over its online payment service Alipay... Yahoo and Alibaba have now agreed that Alibaba would benefit from any future financial gain, such as a public offering.

Yahoo Inc. recently approached Hulu to discuss a possible acquisition of the popular online video service, according to a person with knowledge of the matter.

Yahoo executives said they had made "significant progress" with Alibaba Group to settle a row over ownership of a key unit that affects the value of the U.S. Internet giant's investment in its Chinese partner.

Earlier this week it was announced that Yahoo is selling social bookmarking service Delicious to the founders of YouTube and their new company called Avos. After the announcement was made, the companies told everyone who had ever had a Delicious account that they needed to log in and opt-in to having their data transfered over into the new company.

Yahoo has acquired start-up IntoNow, a service that enables people to “check-in” to content while watching it on their televisions.