Verizon was set to advance to the second stage of bidding for Yahoo's core assets, as the company went through offers to put together a short list.
The "Fast Money" traders give their final trades of the day.
Alibaba has agreed to buy a controlling stake in Southeast Asian online retailer Lazada to tap into the region's lucrative consumer market.
Jim Wilkinson, Alibaba's senior vice president for international corporate affairs, is leaving the company to start a new firm. Re/code reports.
Yahoo's web business is estimated to be worth several billion of dollars more than Time Inc's market capitalization of just $1.6 billion.
Singapore-based Reebonz is betting on luxury consumption picking up despite chilly economic conditions that has personal luxury growth slow down.
Last time Microsoft was in talks to buy Yahoo, the Web company was led by co-founder Jerry Yang and claimed to be worth over $50 billion.
Microsoft execs have been meeting with private equity firms mulling bids to buy Yahoo and may finance their efforts, Re/code reports, citing sources.
Activist hedge fund Starboard Value wants to remove the entire board of troubled web portal Yahoo, according to the Wall Street Journal.
The deal reportedly raises the media, sports and fashion agency's valuation to $5.5 billion.
Thousands of apps running code built by Baidu have collected and transmitted users' personal information to the company, researchers say.
Uber is losing more than $1 billion a year in China, amid fierce competition from local ride-hailing rival Didi Kuaidi, the Financial Times reports.
Tencent and Alipay hope to snare the largest share of the ballooning e-hongbao market.
The middle class in China will reach 500 million in four years. Can Apple continue to woo these consumers with innovative gadgets?
Alibaba is expected to post its weakest quarterly revenue growth on record when it releases results Thursday, Thomson Reuters data show.
Apple and China UnionPay have announced a partnership to officially bring Apple Pay to China by early 2016, underscoring the latest battle for customers in the world's second-largest economy.
Despite recent reports about late-stage investors writing down the value of their start-up investments, the firms on CNBC's Disruptor 50 list are surging.
Yahoo's board is currently debating selling some of its core assets, CNBC learned Wednesday from sources close to the matter.
Stocks in South Korea, Taiwan and India could bear the brunt of MSCI's decision to add U.S.-listed Chinese companies to its Emerging Markets index.
China could see inflows of as much as $3 trillion amid optimism for financial reforms following the yuan's inclusion in the IMF's currency basket.