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Alibaba chief ‘interested’ in buying Yahoo!

The head of Chinese Internet giant Alibaba is “interested” in buyingYahoo! and has been approached by private equity firms and other groups about doing a deal, The Wall Street Journal reported on Monday. Jack Ma, chief executive of Alibaba, China’s top online retailer, was quoted as making the comments at a “China 2.0″ event at Stanford University on Friday, according to…

“We are sorry” says News Corp boss Murdoch

Rupert Murdoch issued a public apology on Saturday for the phone hacking row, as two of his top executives resigned over the crisis that has engulfed his media empire. The News Corp chief finally abandoned his attempts to protect Rebekah Brooks, former editor of the scandal-hit News of the World,…

Murdoch aide Rebekah Brooks resigns amid furor

Rebekah Brooks, the embattled chief executive of media baron Rupert Murdoch’s British newspaper operation, finally resigned on Friday after days of fierce pressure over the phone hacking scandal. The flame-haired Brooks, 43, a former editor of the scandal-shut News of the World tabloid, told staff that she felt a “deep…

Major News Corp. investor calls for Brooks to quit

LONDON — Saudi billionaire Prince Alwaleed bin Talal, a major shareholder in Rupert Murdoch’s scandal-hit News Corp. organisation, on Thursday said under-fire executive Rebekah Brooks “had to go”. “For sure she has to go, you bet she has to go,” News Corp.’s second largest shareholder said of Brooks on BBC’s…

Police arrest former Murdoch executive

LONDON — Police on Thursday arrested another former News of the World executive in connection with the phone hacking scandal at the tabloid owned by Rupert Murdoch, police and reports said. Several British media outlets identified the arrested man as Neil Wallis, 60, the former executive editor and deputy editor…

New Hampshire Councilman who voted to defund Planned Parenthood: I won’t pay for ‘partying’ women

LITTLETON, New Hampshire (Reuters) – Planned Parenthood has stopped providing birth control pills and other contraception in New Hampshire after the state’s executive council rejected up to $1.8 million in funding for the group, which also provides privately-funded abortions. The move is expected to affect an average of 120 low-income…

Police suspect a Murdoch executive deleted ‘millions of emails’

London police are investigating the possibility that an executive working for Rupert Murdoch’s News International deleted “millions of emails” in an attempt to thwart a phone hacking probe, reports said Friday. On two separate occasions, a senior executive is thought to have erased “massive quantities” of messages, according to The…

Google fears web crackdown after Arab uprisings

DUBLIN — Google chairman Eric Schmidt on Monday warned that the ongoing Arab uprisings could lead to an upsurge in internet censorship and an increased risk of arrest for colleagues working in restive nations. Speaking at the Summit Against Violent Extremism in Dublin, Schmidt claimed regimes were keen to clamp…

Race for Strauss-Kahn successor goes to IMF board

WASHINGTON (AFP) – The IMF’s executive board meets Monday as the campaign to find a replacement for scandal-tainted former chief Dominique Strauss-Kahn reels from the unexpected twist of a dark horse candidacy. Bank of Israel Governor Stanley Fischer publicly announced his bid to become managing director after the close of…

Boeing says it is under ‘continuous’ cyber attack

SINGAPORE (AFP) – US aerospace giant Boeing is under “continuous” cyber attack but there has been no breach of its databases, a senior executive said. The admission by Dennis Muilenburg, the chief executive of Boeing Defense, Space and Security, comes as Japanese electronics giant Sony recovers from a series of…

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