NEW YORK — Yahoo Inc. and Alibaba Group released a joint statement Sunday saying they are “engaged in and committed to productive negotiations,” giving few details but aiming to present a united front as tension grows between the two tech giants. Silicon Valley-based Yahoo owns 43 percent of Alibaba, a powerful Internet company in China, but the relationship has been strained. On Tuesday, Yahoo surprised Wall Street when it said that Alibaba had spun off its online payment service, Alipay. Investors, worried that Yahoo’s stake in Alibaba will now become less valuable, sent the stock down. Yahoo closed at $16.55 on Friday, down 11 percent from its Tuesday close.
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