Alibaba Buys Back 20 Percent Stake From Yahoo for $7.1 Billion
Chinese e-commerce site Alibaba has bought half of Yahoo's stake in the company -- 20 percent of Alibaba's shares -- back from Yahoo for $7.1 billion. 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.
Mashable Weekend Recap: 50 Stories You Might Have Missed
What a weekend! As we sprinted through a lively slate of monumental stories such as the Facebook IPO and an impending launch of the first commercial spacecraft, we got blindsided by a super surprise: Mark Zuckerberg married his longtime girlfriend in a secret ceremony in his backyard in Palo Alto. New app identifies faces in photos
TORONTO (Reuters) - Imagine taking a snapshot of a group of friends and having your smartphone instantly reveal the identity of everyone in the photo. A new iPhone app called KLiK performs real-time facial recognition to automatically identify and tag friends in photos. "It's our most recent evolution of both the platform and the consumer product that we're offering," said Gil Hirsch, the CEO of the facial recognition technology platform Face.com, which launched the app. "We noticed that at parties or events there were many photos being taken but only a few were actually getting tagged. ... Watch: TechBytes: Wireless, Diablo 3
The top four wireless carriers are nearly tied in customer satisfaction ratings.
  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. ...
| 
