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Anupreeta Das

Yahoo!’s Yang to step down as CEO

Yahoo! has said Jerry Yang will step down as chief executive as soon as the board finds a replacement.

Hundreds of homes destroyed in California firestorm

Fires whipped up by hot, gusty and erratic winds darkened Los Angeles skies on Saturday, scorching thousands of hectares and hundreds of homes.

Investors eye Yahoo!’s alternatives to Microsoft

Yahoo! faced growing pressure on Sunday to find an alternative strategy to Microsoft's ,5-billion takeover offer after the software maker walked away over a disagreement on price. Yahoo! shares could fall by more than 30% on Monday over the breakdown of talks.

Microsoft withdraws offer for Yahoo!

Microsoft walked away from its bid to buy Yahoo! on Saturday after the internet company turned down its offer to raise the price by -billion to ,5-billion. Microsoft's offer was for a share but Yahoo! would not lower its demand below , Microsoft chief executive Steve Ballmer said.

Google optimistic regulators won’t bar Yahoo!

Google believes regulators would not bar a potential business deal with Yahoo! because it would be ''non-exclusive'' and falls short of an outright merger, a person familiar with Google's thinking said on Friday. Yahoo! is exploring alternatives to Microsoft's ,7-billion takeover offer, which the web pioneer has rejected for being too low.

Start a web business in a few minutes

When David Pangelinan isn't logging 14-hour days driving a fuel tanker, he's at his computer indulging his latest hobby: building a succession of online stores in minutes. Pangelinan has built four online stores offering hundreds of products for sale, from Bulova watches to Betty Boop pillows, using the website Zlio.com.

Start a web business in minutes

When David Pangelinan isn't logging 14-hour days driving a fuel tanker, he's at his computer indulging his latest hobby: building a succession of online stores in minutes. Pangelinan has built four online stores offering hundreds of products for sale, from Bulova watches to Betty Boop pillows, using the website Zlio.com.

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