Alibaba raises funds to buy back half of Yahoo's stake for $7b Gulf News | San Francisco: Yahoo! Inc. may sell half of its 40 per cent stake in Alibaba Group Holding Ltd. back to the Chinese internet company for $7 billion (Dh25.7 billion) and consider a dividend payment, AllThingsD website reported, citing people it didn...
Facebook may become graveyard for games Gulf News | New York: It may be a financial bonanza for investors riding on the coattails of Facebook's grand initial public offering, but in social gaming land, few are celebrating. | Facebook, whose popularity among its nearly 1 billion users has been partly...
HP set to cut 30,000 jobs Gulf News | San Francisco: Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the internet on smartphones and tablets, according to reports published on Thursday. | ...
Young illegal immigrants coming out of the shadows Herald Tribune | She was tiny and trembling and looked so very vulnerable. Barely 15, having already experienced a lifetime of hardships since losing her mother at 5 and crossing the desert with her father, she clutched a microphone before a crowd in New York's Uni...
Iranians rally to denounce Bahrain-Saudi ties Austin American Statesman | TEHRAN, Iran — Iranians rallied Friday to denounce efforts by Bahrain's Sunni rulers to forge closer ties with Saudi Arabia, a pact the Shiite powerhouse Iran claims would go against the will of the tiny island nation's majority Shiites. | Ir...
Iran summons Bahrain envoy in protest Austin American Statesman | TEHRAN, Iran — Iran has summoned Bahrain's top diplomat in the country to relay its concerns over the unrest in the tiny island nation. | The late Thursday report by the official IRNA news agency says an official in Iran's foreign ministry me...
Jailed US businessman on hunger strike in Dubai Austin American Statesman | DUBAI, United Arab Emirates — An American businessman jailed for more than four years in Dubai under suspicion of corruption has started a hunger strike to push for a trial and seek greater U.S. diplomatic pressure in his case. | Zack Shahin,...
Fighting kills 32 as Syria peace plan falters Otago Daily Times Fighting in Syria has killed at least 32 people, activists said, and Saudi Arabia said stubborn violence was shredding the credibility of a U.N.-Arab League peace plan stipulating a truce and dialogue between President Bashar al-Assad and his foes. | Away from the battlegrounds, efforts to find a viable political alternative to Assad's rule faltere...
Gasoline, oil prices continue to drop Knox News | Pump prices continue to fall in the Knoxville area. | The average price of a gallon of regular unleaded dropped nearly a penny overnight to $3.455 on Wednesday, according to the AAA Daily Fuel Gauge Report. | Prices have plunged in recent weeks. This time a month ago the average in metropolitan Knoxville was $3.76, the auto club reported. | Memph...
