Yahoo weighs core business sale, will not sell Alibaba stake,

Yahoo weighs core business sale, will not sell Alibaba stake,

A Yahoo logo is pictured in front of a building in Rolle, 30 km (19 miles) east of Geneva, in this file picture taken December 12, 2012. REUTERS/Denis Balibouse

Yahoo Inc is weighing a sale of its core business and will not sell its stake in Alibaba Group Holding Ltd, CNBC reported, a sharp reversal that came after pressure from an activist investor.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter