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Yahoo to sell half of its Alibaba stake for $7.1B
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- Published on 05/21/2012 - 2:03 pm
- Written by Kelvin Chan, AP Writer
(AP) — Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.
Where are Facebook's friends? Stock down after IPO
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- Published on 05/21/2012 - 1:54 pm
- Written by Barbara Ortutay and Pallavi Gogoi, AP Writers
(AP) — Facebook's stock is tumbling well below its $38 IPO price in the social network's second day of trading as a public company on Monday.
Google aiming to close Motorola deal by Wednesday
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- Published on 05/21/2012 - 1:49 pm
- Written by Associated Press
(AP) — Google is planning to complete its $12.5 billion acquisition of cell phone maker Motorola Mobility Holdings before Wednesday.
DaVita to buy HealthCare Partners in $4.42B deal
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- Published on 05/21/2012 - 12:07 pm
- Written by Associated Press
(AP) — Kidney dialysis services provider DaVita Inc. said Monday that it has agreed to buy the doctor network operator HealthCare Partners in a cash-stock deal worth about $4.42 billion.
Sea Launch vessels depart on Intelsat mission
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- Published on 05/21/2012 - 12:02 pm
- Written by Associated Press
(AP) — Sea Launch AG says its oceangoing rocket pad and command ship have departed their Long Beach, Calif., home port for the equator to launch a communications satellite for Intelsat.
Calif lettuce grower expands recall across nation
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- Published on 05/21/2012 - 11:54 am
- Written by Associated Press
(AP) — A California lettuce grower has expanded a recall of some bagged salads after routine sampling detected listeria contamination. No illnesses have been reported.
Bully victim's poem prompts healing after 25 years
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- Published on 05/18/2012 - 2:37 pm
- Written by ROBERT JABLON, Associated Press
(AP) — A woman's poem about being bullied in a California school 25 years ago has brought her former classmates to tears. Now, they're creating a scholarship fund in her name and have raised $800 to fly her back to California for a class reunion.
Yahoo's new boss revamps recently created division
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- Published on 05/18/2012 - 2:00 pm
- Written by Ben Keller
(AP) — Yahoo's new boss is reorganizing a consumer-commerce division created by recently dispatched CEO Scott Thompson.
Facebook falls flat in public debut
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- Published on 05/18/2012 - 1:43 pm
- Written by Barbara Ortutay, AP Writer
(AP) — After all the hype, Facebook's first day as a public company ended where it began. Its stock closed at $38.23, up 23 cents, after pricing Thursday night at $38 per share.
Facebook stock up slightly in public debut
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- Published on 05/18/2012 - 10:28 am
- Written by Barbara Ortutay, AP Writer
(AP) — Facebook's stock is trading up 8 percent Friday, as investors seek to put a dollar value on the company that turned online social networking into a global cultural phenomenon.
