| Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion -  SHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Under the agreement, Yahoo will sell half of its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. ...
2012-05-21T05:07:47Z |
| Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion - SHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Under the agreement, Yahoo will sell half of its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. ...
2012-05-21T05:07:47Z |
| Yahoo to sell half of its Alibaba stake for $7.1B -  Yahoo Inc. has agreed to sell half of its 40 percent stake in Chinese e-commerce group Alibaba for about $7.1 billion, and the struggling U.S. Internet company said it would return most of the cash to shareholders.
2012-05-21T04:39:48Z |
| Ultra-Orthodox hold large NYC meeting on Net risks -  Tens of thousands of ultra-Orthodox Jewish men attended a rally Sunday at the New York Mets' stadium on the dangers of the Internet and how to use modern technology in a religiously responsible way.
2012-05-21T04:01:44Z |
| Kelly Brook's dress causes a stir: Twitter highlights from Cannes -  The appearance of actress Kelly Brook at Cannes causes a buzz on Twitter due to her "figure-hugging dress". Reactions to Kelly Brook's dress can be found below in this latest article from Relaxnews examining social media reaction to the Cannes Film Festival.
2012-05-20T12:04:51Z |
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