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Chinese Search Engine Qihoo to Buy Sogou for $1.4 Billion?

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The Chinese search engine space just got a lot more interesting with Qihoo 360 reportedly purchasing Sohu's Sogou search engine. This deal would effectively combine the second and third largest search engines in China and pose a challenge to Baidu. The Chinese search engine space just got a lot more interesting with Qihoo 360 reportedly purchasing Sohu's Sogou search engine. This deal would effectively combine the second and third largest search engines in China and pose a challenge to Baidu. 0 Comments

Yahoo to Sell Half of Alibaba Stake for $7.1 Billion

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Yahoo holds a 40 percent stake in Alibaba, but will be able to reduce this by half. The deal also includes provision for a share buy-back plan for Yahoo and a potential IPO by Alibaba. Sale proceeds will be returned to Yahoo shareholders. Yahoo holds a 40 percent stake in Alibaba, but will be able to reduce this by half. The deal also includes provision for a share buy-back plan for Yahoo and a potential IPO by Alibaba. Sale proceeds will be returned to Yahoo shareholders. 0 Comments