RI's big bet on Curt Schilling raises questions
In 2010, the man who'd helped Boston win its first World Series in more than 80 years came to Rhode Island promising the job-starved state something even better: hundreds of good jobs, millions of dollars in tax revenue and a foothold in the booming business of video games.
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. ...
Google says disagrees with EU antitrust opinion BRUSSELS (Reuters) - Google said on Monday that it disagreed with the opinion of EU antitrust regulators who said it may have abused its dominant position, but said it was willing to discuss issues further to resolve the matter. Earlier on Monday, EU Competition Commissioner Joaquin Almunia offered Google, which provides the world's most popular search engine, the chance to offer concessions to settle an antitrust investigation. "We disagree with the conclusions but we're happy to discuss any concerns they might have," Google spokesman Al Verney said in a statement. ... Annular Eclipse Makes 'Ring of Fire' If you live in a band across the southwestern United States, twilight likely seemed to come early this afternoon, well before the sun actually sets, thanks to a rare annular eclipse.
  Facebook Down 8% in Early Morning Trading They can't blame Nasdaq this time. Where are Facebook friends? Stock sinks on 2nd day Facebook's stock is sinking nearly 7 percent, falling below the $38 IPO price, in the social network's second day of trading as a public company Monday.
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