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Yahoo! ordered to pay $2.7 bn by Mexican court

SAN FRANCISCO: Yahoo! said Friday it was ordered to pay $2.7 billion by a Mexican court in a lawsuit stemming from allegations of breach of contract and lost profits related to a yellow pages listing service.

A can-do business

Canning, despite being a technology more than 200 years old, remains popular today.

Report: Alibaba plans stake buy in China's most popular microblogging service

SHANGHAI: China's largest e-commerce company Alibaba Group is planning to buy a stake in Sina Corp's Weibo, the nation's most popular microblogging service, China Business News reported on Monday.

Pennies from heaven

WHEN He Feng was a mathematics freshman at Swarthmore College in the United States, a group of warm-hearted old people in the small town raised US$1,000 for the Chinese stranger to pay for his first piano course, encouraging Hes interest in art.

China cracks down on iPhone-smuggling housewives - media

SHANGHAI (Reuters) - Suppliers for what was one of China's largest online iPhone stores have been hauled to court for allegedly evading taxes by smuggling Apple Inc's iPhones and iPads into the country, official media reported on Friday.

Yahoo to ride the mobile wave

SAN FRANCISCO: Yahoo chief executive Marissa Mayer promised to modernise Yahoos websites and make them more smartphone-friendly in her debut appearance at the helm of the struggling company, faulting it for under-investing in the “mobile wave.”

Yahoo! CEO’s comeback plan homes in on tech, not media

Marissa Mayer has spent her first months as CEO quietly moving Yahoo! Inc back to its roots in tech.

Apple in biggest product move set to unwrap mini-iPad to take on Amazon, Google

SAN FRANCISCO: Apple Inc is expected to make its biggest product move on Tuesday since debuting the iPad two years ago, launching a smaller, cheaper tablet into a market staked out by Amazon.com Inc and Google Inc.

Yahoo's new CEO Mayer takes on the mobile challenge

SAN FRANCISCO: Yahoo Inc's new CEO Marissa Mayer sketched out her plan for revamping the mobile and search advertising business on Monday, outlining publicly for the first time her vision for getting the ailing Web company back on its feet.

Yahoo's departing CFO to get annual salary, bonus as severance

NEW YORK: Tim Morse, Yahoo Inc's departing chief financial officer, will leave the company with a severance package in accordance with a termination without cause, the company said in a regulatory filing Wednesday.