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MSN to shut down chat rooms in India, 27 countries

Microsoft Corporation will shut down chat room services in India and 27 other countries in a phased manner, which will be complete by October 14.The move means that MSN chat rooms in most of......

Warren Buffett, Quicken Loans founder in Yahoo bid

Buffett had said in a CNBC interviewthat Yahoo's business had deteriorated significantly and that "something has to change there." Berkshire Hathaway Inc chairman Warren Buffett is backing a......

Daily Mail in talks with private equity for Yahoo bid

Buying Yahoo's assets would expand DailyMail.com's reach and improve its digital ad revenues. Britain's Daily Mail is in talks with potential partners to mount a joint bid for Yahoo's internet......

Verizon to buy AOL for $4.4 billion

Verizon Communications Inc said it would buy AOL Inc in a deal valued at about $4.4 billion to gain access to AOL's digital advertising service and content. The offer of $50 per share represents a......

Yahoo sets Alibaba stake spinoff plan, shares jump

Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40......

Some unhappy Yahoo investors asking AOL for rescue

At least two top-10 Yahoo Inc shareholders are so unhappy with Chief Executive Marissa Mayer's turnaround efforts that they are making a direct plea to AOL Inc CEO Tim Armstrong to explore a merger......
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