Scalper1 News
Yahoo (YHOO) said Wednesday that it will spin off Yahoo Small Business, which helps small firms set up and run their businesses online, as part of the spinoff of its 15% stake in Alibaba Group. The Web portal announced during its Q4 earnings last week that it would spin off its 15% stake in China’s Alibaba Group (BABA) into a newly formed independent registered investment company. “Yahoo Small Business will move over to the newly formed public Scalper1 News
Scalper1 News