Ex-Yahoo executive pleads in insider-trading case
A former Yahoo executive and a hedge fund manager have pleaded guilty in New York to an insider trading charge.

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. ...

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

Watch: TechBytes 5.17.12
Google introduces their new "knowledge graph" search function.

Ancient 'Iceman' Had Modern Ailments
Scientists have sequenced the genome of the famed 5,300-year-old Tyrolean iceman, found frozen in the Alps in 1991 -- and discovered he had genetic vulnerability to heart disease, as well as Lyme disease.

Apple being offered free rent just to open up stores
Apple Stores are increasingly seen as a sign of affluence, a sign that a neighborhood "has arrived." It turns out that some cities are more anxious to arrive than others, offering Apple sweetheart deals to open new stores — deals … Continue reading →