Sunday, May 20, 2012

Yahoo to sell half of its Alibaba stake for $7.1B

Yahoo to sell half of its Alibaba stake for $7.1B

Yahoo to sell half of its Alibaba stake for $7.1B

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FILE - In this Aug. 11, 2005, file photo, a man walks past a screen displaying the Yahoo and Ali Baba.com logos before a joint news conference by the companies at the China World hotel in Beijing. Yahoo announced that it has agreed to sell half of its 40 percent stake in Chinese e-commerce company Alibaba for about $7.1 billion. The deal will see Alibaba Group buying back the stake from Yahoo Inc. for $6.3 billion cash and up to $800 million of Alibaba preference shares. (AP Photo/Elizabeth Dalziel, File)Yahoo Inc. has agreed to sell half of its 40 percent stake in Chinese e-commerce group Alibaba for about $7.1 billion, securing a financial lifeline for the struggling U.S. Internet company.

Day after historic IPO, Facebook's Zuckerberg weds

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This photo provided by Facebook shows Facebook founder and CEO Mark Zuckerberg and Priscilla Chan at their wedding ceremony in Palo Alto, Calif., Saturday, May 19, 2012. Zuckerberg updated his status to For Facebook founder and CEO Mark Zuckerberg, it was quite a week — from birthday, to IPO, to I DO.

Pakistan Blocks Twitter, Citing 'Blasphemy' [VIDEO]

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Authorities in Pakistan blocked access to Twitter on Sunday, over mention of a contest held in 2010 asking people to draw images of the Prophet Muhammad, and a corresponding Facebook page attempting to make May 20 "Everybody Draw Muhammad Day."

Pakistan blocks Twitter over contentious tweets

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Pakistan blocked the social networking website Twitter for several hours because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.

Reports: Nasdaq 'embarrassed' at Facebook delay

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The CEO of the Nasdaq stock exchange says it is "humbly embarrassed" by its bungling of Facebook's hugely anticipated debut as a public company on Friday.

WatchESPN lets you...watch ESPN on your iPhone

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WatchESPN is quite possibly the final frontier in ESPN being everywhere you need it to be. Already on your TV, Internet, radio, fantasy sports leagues and quite possibly your breakfast cereal, there wasn't much ground left for the network to cover. But with WatchESPN, now you can get the full ESPN broadcast experience directly on your iPhone, provided you have a subscription to a cable TV package that carries ESPN.

Pakistan blocks Twitter over contentious tweets

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Pakistan blocked the social networking website Twitter for several hours because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.

Yahoo to sell half of its Alibaba stake for $7.1B

Posted:

FILE - In this Aug. 11, 2005, file photo, a man walks past a screen displaying the Yahoo and Ali Baba.com logos before a joint news conference by the companies at the China World hotel in Beijing. Yahoo announced that it has agreed to sell half of its 40 percent stake in Chinese e-commerce company Alibaba for about $7.1 billion. The deal will see Alibaba Group buying back the stake from Yahoo Inc. for $6.3 billion cash and up to $800 million of Alibaba preference shares. (AP Photo/Elizabeth Dalziel, File)Yahoo Inc. has agreed to sell half of its 40 percent stake in Chinese e-commerce group Alibaba for about $7.1 billion, securing a financial lifeline for the struggling U.S. Internet company.

Ultra-Orthodox hold large NYC meeting on Net risks

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In this photo provided by VosIzNeias.com, Ultra-Orthodox Jews who believe that the Internet threatens their way of life fill New York's Citi Field for an unprecedented gathering on how to use modern technology in a religiously appropriate way, Sunday, May 20, 2012, in New York. (AP Photo/VosIzNeias.com) MANDATORY CREDITTens 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.

Nasdaq to revamp system after tech problems on Facebook IPO: WSJ

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Monitors show value of Facebook, Inc. stock before closing bell at NASDAQ Marketsite in New York(Reuters) - The Nasdaq is planning to revamp its systems for handling stock offerings after acknowledging that technology problems had affected trading in millions of newly issued Facebook shares on Friday, the Wall Street Journal reported. Individual investors were left in the dark for hours on Friday about whether their buy and sell orders for Facebook shares had actually been executed, in the latest of a series high-profile exchange glitches. ...

Reports: Nasdaq 'embarrassed' at Facebook delay

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The CEO of the Nasdaq stock exchange says it is "humbly embarrassed" by its bungling of Facebook's hugely anticipated debut as a public company on Friday.

Pakistan restores Twitter after block over Prophet cartoons

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A Pakistani resident uses a computer to try to enter social networking website TwitterPakistan restored access to Twitter after briefly blocking the microblog over "blasphemous" posts about a Facebook competition involving caricatures of the Prophet Mohammed.

Apple, Samsung CEOs set for court talks

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To match Insight SAMSUNG/SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience when they arrive at a San Francisco federal courthouse on Monday. Apple's Tim Cook and Samsung's Choi Gee-sung, whose companies are embroiled in bitter patent litigation, have been instructed by a federal judge to appear for court-supervised mediation. A joint court filing in April said that "as directed by the Court, Apple and Samsung are both willing to participate" in the discussions. ...

Reports: Yahoo nears deal to sell stake in Alibaba

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Yahoo Inc. may finally be nearing a deal to sell half of its prized stake in the major Chinese e-commerce provider Alibaba.

Save old photos to your Android in a snap with the the ShoeBox app

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My in-laws were just over at my house this weekend for Mother's Day and we happened to get on the subject of old high school photos. I whipped out my box full of photos that was in no way organized, and my mother-in-law made a comment (I'll let you imagine what the comment was). Had I known about the free ShoeBox app for Android sooner, I wouldn't have had to bear the scolding I received via one glance about my disorganization (okay, well I guess I gave it away).

What You Can Learn From Zynga's Cool Company Culture [PICS]

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This post originally appeared on the American Express OPEN Forum, where Mashable regularly contributes articles about leveraging social media and technology in small business.

Pakistan Blocks Twitter, Citing 'Blasphemy' [VIDEO]

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Authorities in Pakistan blocked access to Twitter on Sunday, over mention of a contest held in 2010 asking people to draw images of the Prophet Muhammad, and a corresponding Facebook page attempting to make May 20 "Everybody Draw Muhammad Day."

A debate: Should you jump in on Facebook debut?

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A television photographer shoots the Like sign outside of Facebook headquarters in Menlo Park, Calif., Friday, May 18, 2012. Facebook CEO Mark Zuckerberg symbolically opened trading on the Nasdaq stock market inside Facebook headquarters in Menlo Park. Facebook stock is starting trading today, available to the general public for the first time. The social networking site, which was started in a college dorm room eight years ago, would be valued at more than $100 billion according to the price set for shares ahead of today's trading. (AP Photo/Paul Sakuma)Facebook begins selling stock to the public Friday in the most talked-about market debut in years. Two Associated Press business writers are debating whether the stock is a smart buy.

When Should Schools Start in the morning?

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When Should Schools Start in the morning?

10 Delightful Nyan Cat Accessories

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1. Nyan Cat Stickers

Terefic Takes the Guesswork Out of Job References

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There are so many digital tools for your job search, but what about services that give you the edge when you're ready to close the deal? Even after you've found the perfect position and impressed your potential employer, there is still a major step you must take before you celebrate your new job -- providing references.

Top 10 Twitter Pics of the Week

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1. Happy Mother's Day

Apple Goes After Samsung Galaxy Tab in Court [VIDEO]

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Apple filed a motion for a preliminary injunction in the U.S. against Samsung's Galaxy Tab 10.1 on Friday. The district court will determine if the Galaxy Tablet violates Apple's iPad patent. If a recent ruling favoring Apple can tell us anything, it's that the court may rule in favor of the iPad-designing company. The ruling allowed Apple to continue to block U.S. sales of Samsung's tablet.

5 Things We Learned From Reddit This Week

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1. What Your PC Is Doing During Shutdown

Microsoft Launches So.Cl Network Amid Facebook Hubbub

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Microsoft's So.Cl quietly launched out of beta.

Facebook Has Gone Public in More Ways Than You Might Think

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Facebook has just become a publicly traded company -- and almost all of its privacy settings are being switched to "public," too, in a trade-off that Facebook is making for access to the stock market and potential windfall profits for its biggest shareholders.

Anonymous Hackers Claim to Take Down Chicago Police Website

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The Chicago Police Department website is down, and "hactivists" from the group Anonymous are taking credit. It's part of a protest in Chicago against the NATO summit, where U.S. President Barack Obama is meeting with world leaders.

Mark Zuckerberg's Big Surprise Weekend Wedding

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Mark Zuckerberg's Big Surprise Weekend WeddingMark Zuckerberg got married, everyone! A day after taking Facebook public, Zuck tied the knot with his longtime girlfriend Priscilla Chan and announced it the only way he knows how: through his Facebook timeline. 

Why Tariffs on Chinese Photovoltaics Are Bad for the Planet

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The U.S. has placed tariffs on Chinese solar panels in a bid to protect American solar companies. David Biello reports

Who is Zuckerberg's Bride, Priscilla Chan? [PICS]

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The Facebook founder married his girlfriend of nine years on Saturday, May 19, just one day after the the company's stock went public.

5 Smart Companies Using Tech For Good

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In our social entrepreneurship series, The World at Work, Mashable interviews the faces behind the startups and projects that are working to make a global impact.

Pakistan blocks Twitter access over "blasphemous content"

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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. "This has been done under the directions of the Ministry of Information Technology. It's because of blasphemous content," said Mohammed Yaseen, chairman of the Pakistan Telecommunication Authority (PTA). "They (the ministry) have been discussing with them (Twitter) for some time now, requesting them to remove some particular content," he said. ...

Pakistan blocks Twitter over contentious material

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Pakistan blocked the social networking website Twitter on Sunday because it refused to remove material considered offensive to Islam, said one of the country's top telecommunications officials.

Ca$h Cats: Tumblr's 20 Funniest Filthy Rich Felines

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"My best guess: The owner and cat have robbed a bank, and are hiding out in a cheap motel. The cat is requesting premium, tuna-based snacks."

Samsung's mobile chief says has options to settle war with Apple

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Students walk out of a showroom at the headquarters of Samsung Electronics in SeoulSEOUL (Reuters) - Samsung Electronics' mobile division chief JK Shin said on Sunday the South Korean technology giant was still seeking to resolve differences in its international patent war with Apple Inc.. "There is still a big gap in the patent war with Apple but we still have several negotiation options including cross-licensing," Shin told reporters at Seoul airport shortly before his departure for the United States. Asked about the prospects for Samsung's memory chip business, Shin said the 4G chip shortage was expected to continue until early in the fourth quarter of this year. ...
Posted by Harshad at 9:33 PM

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