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Yahoo Inc is likely to sell its 35 percent stake in Yahoo Japan ahead of the conclusion of its broader strategic review, possibly within weeks, the Financial Times reported.

Microsoft Corp is considering a bid for Yahoo Inc, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008, sources close to the situation said on Wednesday.

Give Steve Jobs credit: while nobody can possibly know how Apple will fare without its co-founder and Chairman, the company has a qualified CEO and management team. In Silicon Valley these days, that's a major difference.

Microsoft Corp is considering a bid for Yahoo Inc, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008, sources close to the situation said on Wednesday.

Stocks rallied for a second day on Wednesday, as investors bid up materials and energy shares on rising commodity prices and poured into beaten-down tech names after days of selling.

In 2008, Microsoft tried -- and spectacularly failed -- to buy Yahoo at a price of $33 per share, which valued the company at about $47.5 billion. Yahoo now has a market cap of about $20 billion and is trading at just under $16 per share.

Yahoo Inc's long-time advisers Goldman Sachs Group Inc and Allen & Co are preparing to give potential buyers financial information, in a sign the troubled Internet giant is ready to put itself on the block, sources close to the situation said.

Uncertainty over Yahoo may have attracted interest from Russia’s Digital Sky Technologies as well as from China’s Alibaba Group and Silver Lake Partners.

Yahoo Inc struck a deal with ABC to use the media company's news on its website and to jointly produce journalism projects as well as sell Web advertising.

Yahoo! and ABC News announced Monday that they will join forces on a news alliance to deliver content to more than 100 million U.S. users each month. The deal increases the reach of Yahoo! News, which already reaches more unique users than any other news site.

Jack Ma, the founder and CEO of Chinese e-commerce giant Alibaba, is keen on buying Yahoo Inc if the opportunity presents itself and has held discussions with other potential buyers about options.

Yahoo shares jumped more than 5percent Monday after the chairman of China’s Alibaba said he’s interested in buying it, and Yahoo announced a news alliance with ABC News.

The top pre-market NASDAQ Stock Market gainers are: Vermillion, Yahoo, Randgold Resources, Power-One, and S1 Corp. The top pre-market NASDAQ Stock Market losers are: Sangamo Biosciences, Melco Crown Entertainment, Vitesse Semiconductor, Wynn Resorts, and Green Mountain Coffee Roasters.

The Alibaba Group has indicated that they have strong interest in acquiring Yahoo, Inc. (NASDAQ:YHOO). However, this is something that even Jack Ma, the Chief Executive Officer (CEO) of the Alibaba Group, understands will be complicated.

Stock index futures were modestly lower on Monday as concerns over Greece's teetering finances returned to the forefront and after equities ended their worst quarter since 2008.

The world's largest online business-to-business trading company, Alibaba, is thinking of taking over the troubled Internet firm Yahoo, its chairman says.

Jack Ma, the founder and CEO of Chinese e-commerce giant Alibaba, is keen on buying Yahoo Inc if the opportunity presents itself and has held discussions with other potential buyers about options.

Around 40 people were injured when an Amtrak passenger train collided with a farm truck, pn Friday evening, at a rail crossing in northern California, a Reuters report quoted Vernae Graham, an Amtrak spokeswoman as saying.

Third party Flickr apps have been in place for over a year and now Flickr takes on Instagram.

Global Equities Research has reduced its profit and estimate of Yahoo Inc. (NASDAQ:YHOO), saying the internet firm is still losing advertising dollars on display and search properties to Google and other sites.

Yahoo has unveiled the first official Android app on Flickr, which will allow users of its popular photo service to easily share pictures, in real time, with family and friends.

A new biography of Chicago Bears' Walter Payton set to come out next week reveals that the Hall of Fame running back often used drugs, had extramarital affairs, struggled with depression and frequently discussed suicide with close friends.

Both players, owners say sides are still far apart on a new deal.

On Tuesday, NBA owners backed off a key sticking point in negotiations.

Reaction to the Icahn rumor may reflect the immense amount of investor frustration over a company that has rapidly lost its way.

The long-beleaguered search engine company Yahoo! Inc. would probably be better off selling off pieces of itself rather than submit to a takeover in whole, given that the separate segments of the firm probably have more value than the sum of the individual parts. However, any such potential transaction won’t happen overnight.

Yahoo, afloat after the abrupt sacking of CEO Carol Bartz, has received “inquiries from multiple parties” interested “in a number of potential options,” remaining top managers told employees.

Yahoo Inc has received inquiries from multiple parties about potential options, but the struggling Web company expects to take months to decide its future, the company's co-founders and chairman said in a letter to employees on Friday.

Facebook has teamed up with Yahoo, The Washington Post Co. and News Corp. to deliver more personalized news. With the ability to share news with friends like never before, where does this leave Google News?