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Facebook expands IPO size, aims for $15 billion: Source


Facebook Inc is increasing the size of its IPO by 85 million shares to about 422 million, a source familiar with the matter said, raising more than $15 billion in Silicon Valley's largest market debut

Yahoo! CEO to resign over credentials flap: Reports


Yahoo! CEO Scott Thompson is expected to step down following controversy surrounding his allegedly inflated resume, in the latest blow to the struggling Internet giant, according to reports on Sunday.

Yahoo CEO out, investor Loeb gets board seats


Yahoo Inc is replacing its CEO for the third time in as many years, and giving three board seats to a hedge fund led by Daniel Loeb, putting him in a strong position to influence strategy at the strug

Facebook's IPO already oversubscribed: Source


Facebook Inc's record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world's largest social network embarked on a cross-country roadsh

Yahoo director to quit amid role in CEO’s ‘bogus degree’ scandal


Yahoo director Patti Hart will step down from the board of the embattled Internet firm amid revelations over her role in hiring controversial CEO Scott Thompson.

Hart, who led the committee that hire

Judge throws out Proview's iPad suit vs Apple


A California judge tossed out a lawsuit in which the Chinese firm Proview Electronics Co Ltd accused Apple Inc of tricking them into selling the 'iPad' name for less than it might have.

Proview, whic

Yahoo CEO apologizes in memo, board meets: Source


Yahoo Inc's board convened on Monday afternoon to discuss the mounting upset surrounding Chief Executive Scott Thompson, who has apologized to employees after being accused last week by activist inves

Google violated copyright, but no damages: Jury


A jury ruled on Monday that Google violated copyrights owned by Oracle Corp. for the Android mobile platform, but failed to agree on whether damages should be awarded in the high-profile trial.

In a

Yahoo in talks to sell 15-25 pct of Alibaba: Source


Yahoo Inc. could be weeks away from selling 15 to 25 percent of Alibaba Group's stock back to China's largest e-commerce company, in a deal designed to eliminate complexities that had scuttled the par

Google-Oracle jury clashes on one point


Jurors in a high-stakes court battle between Google and Oracle told a judge on Friday that they were in unison regarding verdicts on all but one of the four copyright counts in the case.

US District

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.