Telecommunications firm Verizon has confirmed it is buying Yahoo’s core internet properties.
Telecom giant Verizon Communications is believed to be poised to make a bid for Yahoo’s web business. It is also hoping to put in an offer for a
Yahoo has reportedly set a deadline of April 11 for the submission of preliminary bids for its internet business - which includes search, mail and news sites - and Asian assets.
Yahoo! says it has shelved plans to spin off its stake in Chinese e-commerce giant Alibaba, for tax reasons. Instead it intends to create a separate