Yahoo to discuss selling core business: sources

San Francisco

THE board of Yahoo will discuss potentially selling off the beleaguered Internet company's core business during a series of meetings this week, people briefed on the plans said on Tuesday.

Directors of the company will also discuss whether to move forward with a spinoff of Yahoo's 15 per cent stake in the Alibaba Group, the Chinese e-commerce giant. The board will weigh all its options, and it is unclear whether the directors will change course, said the people, who spoke on the condition of anonymity because they were not authorised to publicly discuss the plans.