Saturday Papers: Spain to inject €19bn into Bankia

Source: Citywire.co.uk

Financial Times: Spain will make an emergency €19 billion investment in Bankia, the stricken savings bank, in a bold bid to restore confidence in the stability of the country’s financial sector. The Daily Teleg ...
Full article at: Citywire.co.uk  More like this  21 hours ago, 6:01pm CDT

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Alibaba.com’s $2.5 billion privatization bid approved

Source: Hurriet Daily News

Chinese e-commerce firm Alibaba Group’s $2.5 billion bid to take its Hong Kong-listed unit private was cleared on May 25 by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company’s destiny. Th ...
Full article at: Hurriet Daily News  More like this  22 hours ago, 4:32pm CDT

Yahoo kills 'Livestand' just 6 months after debut

Source: PhysOrg.com

Yahoo! shuttered its fledgling digital newsstand for iPads on Friday in what it said was the start of a product purge intended to make the floundering Internet pioneer more nimble. 56 minutes ago | not rate ...
Full article at: PhysOrg.com  More like this  22 hours ago, 4:30pm CDT

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Yahoo! ditches digital newsstand for iPads

Source: PhysOrg.com

Yahoo! shuttered its fledgling digital newsstand for iPads on Friday in what it said was the start of a product purge intended to make the floundering Internet pioneer more nimble. Yahoo! shuttered its fledgling digita ...
Full article at: PhysOrg.com  More like this  23 hours ago, 3:30pm CDT

Facebook IPO debacle raises investor dander

Source: PhysOrg.com

People walk past a sign welcoming Facebook at the NASDAQ stock exchange on Times Square in New York, on May 18. The spate of complaints and investigations over the Facebook stock offering suggests big institutions had an edge over small inves ...
Full article at: PhysOrg.com  More like this  1 day ago, 2:17pm CDT

Shareholders vote to take China's Alibaba unit private

Source: Bangkok Post

Minority shareholders of Alibaba.com on Friday voted in favour of a proposal by its parent Alibaba Group Holding to take the Hong Kong-listed online trading unit private, the company said. Minority shareholders of Alibaba.com on Friday voted in ...
Full article at: Bangkok Post  More like this  1 day ago, 1:48pm CDT

China: Tech Companies Yahoo, Microsoft, and Nokia Dominate Headlines

Source: Minyanville

MINYANVILLE ORIGINAL With China's growth slowing, Premier Wen Jiabao said this week that the government is open to employing pro-growth economic policies to stimulate the economy if necessary. “We should continue to implement a proact ...
Full article at: Minyanville  More like this  1 day ago, 12:52pm CDT

Alibaba.com's privatization bid approved

Source: Shanghai Daily

ALIBABA.COM, the business-to-business site under Alibaba Group, has won approval for a US$2.5 billion privatization plan from minority shareholders to buy out the Hong Kong-listed company, paving the way for a potential o ...
Full article at: Shanghai Daily  More like this  1 day ago, 11:35am CDT

VIDEO: Alibaba bucking internet flotation trend

Source: BBC World

Independent shareholders have voted to privatise Alibaba.com, one of China's biggest e-commerce websites, and remove its shares from the Hong Kong Stock Exchange. They will sell their stakes to parent company Alibab ...
Full article at: BBC World  More like this  1 day ago, 11:34am CDT