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Latest News| -
| Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion
- (Reuters) - Yahoo Inc said it is to sell up to half of its stake in Internet entrepreneur Jack Ma's Alibaba Group back to the Chinese company for $7.1 billion, and hand most of the sale proceeds to its shareholders.
Sun, 20 May 2012 22:31:32 -0400
| Pakistan blocks Twitter access over "blasphemous content"
- ISLAMABAD (Reuters) - Pakistan on Sunday blocked access to Twitter in response to "blasphemous" material posted by users on the microblogging and social networking website, a senior government official said.
Sun, 20 May 2012 07:36:02 -0400
| Historic Facebook debut falls flat
- SAN FRANCISCO (Reuters) - The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.
Fri, 18 May 2012 20:53:38 -0400
| Mediaset fears internet challenge amid ad slump
- MILAN (Reuters) - An executive at Mediaset said on Friday internet giants could challenge Italy's biggest commercial broadcaster's business model in coming years, while the advertising outlook remains grim.
Fri, 18 May 2012 08:44:12 -0400
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