Cable cos to share access on 50,000 Wi-Fi hotspots Cable TV companies are trying to give their customers another reason not to cancel their service: better access to Wi-Fi hotspots. Watch: TechBytes: Wireless, Diablo 3 The top four wireless carriers are nearly tied in customer satisfaction ratings.
  Silicon Valley takes Facebook fizzle in stride
SAN FRANCISCO (Reuters) - Facebook's lackluster initial public offering performance is a black eye for many on Wall Street and could have ramifications for similar upcoming deals such as an offering by Twitter, but venture capitalists in Silicon Valley are keen to shrug off Facebook's stumble - at least for now. ...
Yahoo clears a hurdle, sells Alibaba stake for $7.1 billion
SHANGHAI/NEW YORK (Reuters) - Yahoo Inc will sell as much as half of its 40 percent stake in Chinese e-commerce powerhouse Alibaba Group for $7.1 billion, ending years of fractious talks over how to extract value from its most prized asset. Yahoo also increased its stock buyback authorization by $5 billion to $5.5 billion as a result of the deal but said it might instead opt to distribute some of the proceeds through a dividend. The sale, announced on Monday, gives Yahoo $6.3 billion in cash and up to $800 million of new Alibaba preferred stock. After taxes, Yahoo will clear $4.2 billion. ...
Watch: TechBytes: Facebook, Pinterest Facebook is set to launch its initial public offering.
  Zuckerberg's Status Update: Married Newly minted billionaire Mark Zuckerberg had an important status update Saturday evening: Married.
The 28-year-old tied the knot with his longtime girlfriend, the recently graduated Dr. Priscilla Chen in a private ceremony at the couple's home in Palo Alto, Calif.
 
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