Alibaba in talks to raise $2.3 billion equity for Yahoo deal: sources
SINGAPORE/HONG KONG (Reuters) - Chinese Internet firm Alibaba Group is in talks with existing shareholders, including Singapore state investor Temasek Holdings, to raise about $2.3 billion in equity to partly finance its deal with Yahoo Inc., two sources said. Entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Alibaba is looking to raise about a third of the $7.1 billion through issuance of equity to shareholders, one of the sources told Reuters. ...
Reports: Nasdaq 'embarrassed' at Facebook delay 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. Ancient 'Iceman' Had Modern Ailments Scientists have sequenced the genome of the famed 5,300-year-old Tyrolean iceman, found frozen in the Alps in 1991 -- and discovered he had genetic vulnerability to heart disease, as well as Lyme disease.
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  'World's First Wikipedia Town' Goes Live The world’s first “Wikipedia town” will launch on Saturday in the small town of Monmouth in Wales. The town now has more than 1,000 ceramic plaques on every important building, school and on hundreds of shops. The plaques each have a unique QR bar code...
 
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