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Yahoo to sell half of its Alibaba stake for $7.1bn

By AP News Mon, May 21, 2012 12:41PM UTC View Comments

HONG KONG (AP) — Yahoo Inc. has agreed to sell half of its 40 percent stake in Chinese e-commerce group Alibaba for about $7.1 billion, securing a financial lifeline for the struggling U.S. Internet company. The deal, announced Sunday in the U.S., will see Alibaba Group buying back the stake from Yahoo Inc. for $6.3...

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LinkedIn edges closer to China with Hong Kong office

By Asian Correspondent Tue, May 01, 2012 6:45PM UTC View Comments

Following the establishment of eight offices in Asia Pacific, professional networking company LinkedIn announced its Hongkong office, which is its 25th office globally. Housing a dozen staffers, the Hong Kong office serves around 470,000 users in the country within the Financial Services, Banking and Information Technology and Services, which are top industries among this population....

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Apple iPad 3 already shipping from Apple suppliers in China – Reports

By Asian Correspondent Mon, Feb 27, 2012 1:55PM UTC View Comments

Apple’s rumored iPad 3 might already be on its way to distribution channels, as Chinese suppliers are reportedly shipping the tablets to the U.S. and international markets. Will Apple fans and customers expect the iPad 3 to arrive in stores this March? Apple‘s suppliers from China are reportedly sending shipments of the iPad 3 to...

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Will iPad 3 launch this February or March?

By Asian Correspondent Mon, Jan 23, 2012 1:45PM UTC View Comments

Rumor after rumor has been circulating around the market since third quarter last year when Apple launched its latest iPhone 4S, but there’s still no confirmation from Apple on when the iPad 3 will be announced. At this time, reports say that Apple’s switching OEM suppliers from Foxconn to Pegatron due to several spare parts shortages might...

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SOPA & PIPA: What they mean for Asian netizens

By Asian Correspondent Mon, Jan 23, 2012 1:35PM UTC View Comments

Screengrab from last week's Wikipedia blackout. Pic: Wikipedia.

AMONG the hot topics being discussed last week were the SOPA and PIPA laws pending in the U.S. Congress. But while we Asians live half a world away from where the legislation will take effect, these proposed laws have a long reach, and will potentially affect all of us if enacted into law. Websites went...

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