Yahoo! announced today it has reached an agreement with Alibaba Group on a staged and comprehensive plan to unlock the Yahoo’s investment in Alibaba. The plan, which was announced in a release, includes a transaction this year where Alibaba will purchase up to one-half of Yahoo’s current stake in the […]

For Facebook founder and CEO Mark Zuckerberg, it was quite a week — from birthday, to IPO, to I DO. A day after the historic Facebook stock offering, Zuckerberg on Saturday wed 27-year-old Priscilla Chan, his girlfriend of nearly a decade, according to a guest authorized to speak for the […]

President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such regulation. “We’ve got to finish the job of implementing this reform and putting these rules in place,” […]