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Business 18 Oct 2012 | 12:00 AM

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.

Business 23 Oct 2012 | 12:00 AM

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.

Business 23 Oct 2012 | 12:00 AM

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.

Business 24 Oct 2012 | 12:00 AM

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.”

Business 19 Nov 2012 | 12:00 AM

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.

Business 13 Feb 2013 | 12:00 AM

Yahoo CEO says Microsoft search deal underperforms

SAN FRANCISCO: Yahoo Inc Chief Executive Marissa Mayer said the company's search partnership with Microsoft Corp was not delivering the market share gains or the revenue boost that it should.

Business 15 Mar 2013 | 12:00 AM

Backer of taking Dell Inc private close to raising US$10bil fund

NEW YORK: Silver Lake Partners, the technology-focused private equity firm backing a US$24.4 billion bid to take Dell Inc private, is close to raising $10 billion for its latest fund, exceeding its initial fundraising target on strong investor demand, a person familiar with the matter said on Thursday

Business 18 Jul 2013 | 10:39 AM

Nikkei hits 8-week high after Bernanke assurance

Japan's Nikkei share average rose to an eight-week high on Thursday morning after Federal Reserve Chairman Ben Bernanke said the timing of when the US central bank would begin winding down its stimulus was flexible.

Business 18 Jul 2013 | 12:39 PM

Asian shares fall on China, Intel; dollar steady after Bernanke

TOKYO: Asian shares fell on Thursday, as concerns over financing available to property developers weighed on Chinese markets, although overall sentiment was supported by Federal Reserve Chairman Ben Bernanke's pledge to keep monetary policy easy for the foreseeable future.

Business 14 Aug 2013 | 12:00 AM

Tencent denies report of Singapore IPO for WeChat spinoff

SHANGHAI: Tencent Holdings Ltd, China’s leading Internet firm by revenue, denied a newspaper report that it plans to list its popular Weixin, or WeChat, mobile messaging app as a spinoff company in Singapore.