Facebook and Yahoo! are in patent war truce talks that could end a legal battle between the companies, according to court documents available online Wednesday.
Yahoo! shuttered its fledgling digital newsstand for iPads on Friday in what it said was the start of a product purge intended to make the floundering Internet pioneer more nimble.
China Investment Corporation is in advanced talks to add up to $2 billion to the Alibaba Internet Group's efforts to buy back a stake from struggling Internet pioneer Yahoo!, the New York Times reported.
After being knocked back by American venture capitalists in 1999, Jack Ma -- a cash-strapped entrepreneur -- convinced friends to give him $60,000 to start Chinese online retailer Alibaba.com.
The Internet Age is becoming as known for patent litigation as it is for online innovation.
Yahoo! on Thursday said that it will soon add a tool to its websites that allows visitors to signal that they don't want their online activity tracked for ad targeting or other ends.
Facebook will make its stock market debut in May with a record-setting initial public offering of shares, according to a report Wednesday in the Wall Street Journal.
Facebook has warned potential investors that a patent lawsuit against the company by Internet pioneer Yahoo! could deliver a significant blow to its business.
Facebook confirmed Friday that it has added a trove of IBM patents to its arsenal on an increasingly lawsuit-strewn technology battlefield.
Yahoo! has accused Facebook of infringing on 10 to 20 patents and warned the social network to pay licensing fees or prepare for a possible lawsuit, the New York Times reported.