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. ...
The next digital image revolution?
Despite the explosive innovation around digital picture-taking, the end result has actually changed very little. A photo is still a photo. And a poorly focused photo is still as bad as ever. Ren Ng aims to fix that.
'Mario Tennis Open' Opens on the Nintendo 3DS On May 20th "Mario Tennis Open" goes online, offering fierce on-the-go 3D tennis matches by way of the Nintendo 3DS.
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 Facebook IPO Closes With Thud Mark Zuckerberg, CEO and founder of Facebook, rang the opening bell from company headquarters in Menlo Park, California.
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