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b>SAN FRANCISCO/b>: Yahoo! Inc chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo! Japan.
b>SAN FRANCISCO/b>: Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as US$10bil (RM30bil), but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say.
b>BRUSSELS:/bThe European Commission has launched a bid to make companies including Internet giants such as Google or Facebook give people more control of their personal data or face big fines
b>KUALA LUMPUR:/bCyberSecurity Malaysia wants the Government to consider stronger audit policies for security certificates. This comes in the wake of the revoking of trust by three major Internet browsers against local intermediate certificate authority (CA) DigiCert Sdn Bhd.
b>WASHINGTON:/bFederal securities regulators settled charges against Satyam Computer Services and sanctioned its accountants, adding to the damage from a massive accounting fraud that prompted a takeover of the company by the Indian Government and criminal charges against its former executives.