News

  • Internet China's Alibaba raising $3bn for Yahoo! stake: report

    07:04China's Alibaba raising $3bn for Yahoo! stake: report

    File photo shows advertising for Chinese online marketplace Alibaba.com on the side of a taxi in Hong Kong. Alibaba plans to borrow $3 billion to buy back the stake Yahoo! owns in the company, a... Read more

  • Internet

    08/02Guilty verdict in theft of Motorola secrets for China

    Guilty verdict in theft of Motorola secrets for China

    A former software engineer for Motorola was found guilty Wednesday of stealing trade secrets from the US technology firm just before she tried to leave the country for China, the Justice Department said. A former software engineer for... Read more

  • Internet

    08/02Groupon quarterly loss shrinks, revenue grows

    Groupon quarterly loss shrinks, revenue grows

    Daily deals site Groupon on Wednesday issued its first earnings report as a publicly traded company, saying its loss in the quarter shrank to about $43 million as revenue nearly tripled from a year earlier. Daily deals site Groupon on... Read more

  • Internet

    08/02News Corp. quarterly net profit up 65%

    News Corp. quarterly net profit up 65%

    The News Corp. offices in New York. News Corp. said Wednesday that its net profit rose 65 percent in the second quarter of its fiscal year to $1.06 billion. News Corp. said Wednesday that its net profit rose 65 percent in the second... Read more