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.
  20 TV Shows With the Most Social Media Buzz This Week The most universal sport in the world dominated social networks Saturday. Soccer (or "football," depending on your preference) teams Chelsea and Bayern Munich battled in Munich's Allianz Arena for the UEFA Championships League trophy. Mark Zuckerberg Marries Priscilla Chan Facebook CEO weds his college sweetheart in a backyard ceremony.
  20 TV Shows With the Most Social Media Buzz This Week The most universal sport in the world dominated social networks Saturday. Soccer (or "football," depending on your preference) teams Chelsea and Bayern Munich battled in Munich's Allianz Arena for the UEFA Championships League trophy. Alibaba repurchases half of Yahoo’s stake for $7.1 billion
As Yahoo’s struggles continue, the company is looking to cut costs and dig up cash wherever it can. Yahoo announced plans last month to lay off 2,000 workers, or nearly 15% of its staff, and before that it filed a “puzzling” patent lawsuit against long-time partner Facebook. Now, Yahoo will sell half of its 40% stake in China-based retail giant Alibaba. Led by Chinese Internet entrepreneur Jack Ma, Alibaba will repurchase part of Yahoo’s holdings in the e-commerce firm for $7.1 billion as it prepares to take the company public. The deal, which was announced in a joint statement on Monday, will see Yahoo sell half its stake in Alibaba for $6.3 billion in cash and as much as $800 million in new preferred
Nasdaq seen struggling with aftermath of Facebook IPO NEW YORK (Reuters) - Nasdaq OMX faces short-term costs from its botched handling of Facebook shares on their first day of trading but the longer term repercussions could be more expensive as it struggles to restore its image. Initially, the exchange said it plans to set aside $13 million to resolve bad trades, and even if all of that was used, the cost would be minimal compared with the $387 million in net income it reported last year. The bigger hit to Nasdaq's business is likely to come from the damage done to its reputation by the stumble. ...
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