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Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion
Employees play table tennis inside the headquarters office of Alibaba (China) Technology Co. Ltd on the outskirts of HangzhouSHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Under the agreement, Yahoo will sell half of its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. ...
Publ.Date : 2012-05-21T05:07:47Z
NATO allies focus on ending unpopular Afghan war
Anti-war protesters face police during a rally near the NATO summit in ChicagoUS President Barack Obama and NATO allies will focus Monday on logistical aspects of ending the protracted Afghan war after President Hamid Karzai vowed his country will no longer be a "burden" for the international community.
Publ.Date : 2012-05-21T05:40:39Z
MS prison riot leaves guard dead, 6 hurt
Officials say a riot at a privately run federal prison in southwest Mississippi that left one guard dead and five other correctional officers and an inmate injured has been brought under control.
Publ.Date : 2012-05-21T04:37:21Z
AP Photos: Millions view 'ring of fire' eclipse
An annular solar eclipse appears during a break in clouds over Taipei, Taiwan, Monday, May 21, 2012. The annular eclipse, in which the moon passes in front of the sun leaving only a golden ring around its edges, was visible to wide areas across China, Japan and elsewhere in the region before moving across the Pacific to be seen in parts of the western United States. (AP Photo/Wally Santana)Millions of early risers in Asia turned their attention skyward to view a rare "ring of fire" eclipse as it crossed their skies Monday morning.
Publ.Date : 2012-05-21T05:20:03Z
Spurs rally to beat Clippers, win series
San Antonio Spurs center Tim Duncan dunks as Los Angeles Clippers forward Blake Griffin during the first half in Game 4 of an NBA basketball playoffs Western Conference semifinal, Sunday, May 20, 2012, in Los Angeles. (AP Photo/Mark J. Terrill)Tim Duncan scored 21 points, Tony Parker added 17 and the San Antonio Spurs rallied in the final minutes to beat the Los Angeles Clippers 102-99 on Sunday night, closing out the series 4-0 and advancing to the Western Conference finals.
Publ.Date : 2012-05-21T05:25:57Z
Eclipse 'ring of fire' wows Asian, US sky-gazers
Many in Tokyo got a spectacular sight of the Millions turned their eyes to the sky on both sides of the Pacific as a solar eclipse created a "ring of fire" from Asia to the western United States, where it was greeted with whoops in California.
Publ.Date : 2012-05-21T04:43:17Z
Radical Islamists urge bigger role for Islam in Tunisia
A young boy waves a black flag inscribed with Islamic verses at a rally of Tunisian Salafi IslamistsKAIROUAN, Tunisia (Reuters) - Waving black flags embossed with Islamic verses, thousands of radical Islamists rallied in the central Tunisian town of Kairouan on Sunday to demand a wider role for religion in a country long considered one of the Arab world's most secular. Draping their banner from the town's ancient mosque, supporters of Ansar al-Sharia, or the Partisans of Islamic Law, one of the most radical Islamist movements in Tunisia, turned out in a show of force likely to cause alarm among secularists. ...
Publ.Date : 2012-05-21T05:31:08Z
NATO to endorse Afghan exit plan, seeks routes out
CHICAGO (Reuters) - NATO leaders will endorse plans to hand over combat command in Afghanistan by mid-2013 on Monday and seek practical progress in opening routes to bring an international army of more than 130,000 back home from an unpopular, resource-draining war. The strategy for a gradual exit from Afghanistan is aimed at holding together the multinational force and maintaining security in spite of France's decision to withdraw its troops earlier than scheduled. ...
Publ.Date : 2012-05-21T05:02:46Z
Pakistan blocks Twitter over contentious tweets
Pakistan blocked the social networking website Twitter for several hours because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.
Publ.Date : 2012-05-21T04:20:02Z