Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion
SHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Under the agreement, Yahoo will sell half its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. ...
NASA Time-Lapse of Sea Currents Click on the video below and prepare to be mesmerized. It’s called “Perpetual Ocean,” and it was put together by NASA’s Scientific Visualization Studio at the Goddard Space Flight Center in Maryland. It was actually done about a year ago, compiling data from several satellites...
  Comedy is king again on network television
Broadcast television networks are determined to make you laugh.
Watch: TechBytes 5.17.12 Google introduces their new "knowledge graph" search function.
  SpaceX Launch Aborted at Last Moment It was to have been the dawn of a new era, private companies launching into space and on to the International Space Station. The first such launch was set for before dawn this morning, and it came tantalizingly close. But the SpaceX rocket never got...
  Ancient Plant Revived After 30,000 Years The plant in this picture dates from the Pleistocene Age, 30,000 years ago, before agriculture, before writing, before the last Ice Age. And while it’s not accurate to say the plant itself is that old, scientists in Russia say they regenerated it from frozen cells...
 
|