The site is expected to sell a 10% stake for as much as $10-billion but there are doubts about its value.
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/ 7 September 2011
Carol Bartz has been fired over the phone by Roy Bostock, ending a tumultuous tenure marked by stagnation and a rift with Chinese partner Alibaba.
China has announced new rules to control the explosion of audio-visual content on the internet, in a move seen as an effort to transfer the government’s television- and radio-censorship model to websites. Only state-controlled entities will have the right to operate websites that post audio-visual material under the new regulations.