Internet major Yahoo Inc and Hewlett Packard are in the process of setting up their development centres in Chennai and will soon be launching their operations, IT Secretary of Tamil Nadu, Vivek Harinarain said in Chennai on Thursday.
With acquisitions the internet giant is trying to increase its presence in smartphones and tablets.
Yahoo India, a subsidiary of Yahoo! Inc., will concentrate on wireless data services as it expects a large growth in the sector due to rise in mobile phone users in the country.
Global Internet firm Yahoo! on Thursday said it plans to ride on India's mobile explosion to drive growth for its products and services in the country.
The net worth of struggling Internet giant Yahoo Inc's CEO Marissa Mayer is estimated to be $310 million, according to Wealth-X, a global wealth intelligence and prospecting company.
Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
The company may also proceed with a plan to spin off more than $30 billion in shares of Alibaba
Yahoo Inc struck a deal with Firefox maker Mozilla Corp to replace Google Inc as the default search engine on the Firefox Web browser in the United States, a move that Yahoo Chief Executive Marissa Mayer said will help boost its flagging search market share.
Buffett had said in a CNBC interviewthat Yahoo's business had deteriorated significantly and that "something has to change there."
Four senior Twitter executives are leaving the media company, CEO Jack Dorsey tweeted late on Sunday night, the biggest leadership changes since Dorsey returned as chief executive as he struggles to revive the company's growth.
The documents shed new light on how the government dealt with US Internet companies that were reluctant to comply with orders from the secretive US Foreign Intelligence Surveillance Court, which rules on government requests to conduct surveillance for national security issues.
Their move follows an activist campaign by hedge fund Starboard Value LP, which is pushing Yahoo to consider a deal with AOL and unlock Yahoo's valuable stakes in Asian Web companies.
Google Inc is expected to command more than a third of the world's $140 billion digital advertising spending this year
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 billion.
Says more than 120 who lost jobs have approached it; TCS says workforce optimisation leads to some involuntary attrition, nothing out of ordinary
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
Like China, India needs to encourage 'hacker clubs' in view of the challenges of virtual terrorism, says Lieutenant General Prakash Katoch (retd)
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances