Yahoo! has completed a long-awaited $7.6 billion deal with China's Alibaba Group, generating a windfall that could help ease the pain of Yahoo! shareholders and send stock prices higher.
Marissa Mayer started her new job Tuesday, leading her former rival, Yahoo. Mayer will be Yahoo's fifth CEO in the past five years.
Google Inc's Marissa Mayer will become Yahoo Inc's new chief executive on Tuesday, edging out front-runner and acting CEO Ross Levinsohn.