With Yahoo's new CEO at the helm, this could help potentially close a deal more quickly assuming that Yahoo's board and new CEO are still in favor of selling its stake in Alibaba and other Asian assets.

Move on the buyout position A former PayPal president, Scott Thompson assumes Yahoo's big chair at an acutely dynamic and also slippery moment. Alibaba, China's giant web firm which is actually 40% Yahoo owned, is girding to make a bid for Yahoo itself. It's gone as far as hiring a Washington-based lobbying firm, and this is being seen as an enormous sign that it has designs on Yahoo. Alibaba's ...

BEIJING (Reuters) - China is "greatly concerned and strongly opposed" to the United States' listing of Taobao, the country's largest consumer e-commerce website, as a notorious market for piracy, a spokesman for China's Ministry of Commerce said on Wednesday. Last month, the United States kept Alibaba Group's Taobao unit on the United States Trade Representative's November notorious markets list ...

U.S. authorities acted irresponsibly when they last month labeled Alibaba Group's e-commerce sites as "notorious markets" for selling pirated and counterfeit...

The Wall Street Journal reports Yahoo is in talks to sell its stake in Yahoo Japan and part of its stake in China's Alibaba...for a hefty fee.

In an end of an era at Yahoo, founder Jerry Yang has stepped down from the struggling Internet company's board. He has also relinquished all other positions with the company and his posts on the boards of Yahoo Japan Corp. and Alibaba Group Holding Ltd., according to a statement from the Sunnyvale, Calif., company.

New CEO Scott Thompson now has freer rein to unwind the company’s part- ownership of Alibaba Group and Yahoo Japan

Yahoo! Inc. , the premier digital media company, today announced that Jerry Yang has resigned from its Board of Directors and all other positions with the company, effective today.

It’s been a long drawn out melodrama but word is that it’s official – Jerry Yang has called it quits by resigning from Yahoo’s Board of Directors and any other positions that he held within the company. Not only that but he has resigned from the Boards of Yahoo Japan Corporation and Alibaba Group Holding [...] Jerry Yang calls it quits at Yahoo and Alibaba – we have the press release is a post ...

In an end of an era at Yahoo, co-founder Jerry Yang has stepped down from the struggling Internet company's board. He has also relinquished all other positions with the company and his posts on the boards of Yahoo Japan Corp. and Alibaba Group Holding Ltd., according to a statement from the Sunnyvale, Calif., company.