Brazil has 47.5 million active Internet users

The number of active Internet users in Brazil rose two percent in January and more than 11 percent over the past 12 months to reach 47.5 million, IBOPE Nielsen Online reported Monday.

Alibaba.com shares surge on privatization bid

(AP) -- Shares of Alibaba.com rocketed on Wednesday after the Chinese e-commerce site said its parent company made a $2.5 billion privatization bid as part of a shift in business strategy that also includes plans to buy ...

China e-commerce firm Alibaba in privatization bid

(AP) -- Alibaba.com's parent company wants to take the Chinese e-commerce company private for $2.5 billion, the firms said Tuesday, part of a shift in business strategy that also includes plans to buy back a stake from Yahoo ...

US Senate in new cybersecurity push

US senators, warning of potentially catastrophic cyberattacks, introduced a bill Tuesday aimed at protecting critical infrastructure such as power, water and transportation systems.

FCC plans to nix wireless network that may jam GPS

Federal officials are effectively killing a private company's plans to start a national high-speed wireless broadband network after concluding it would in some cases jam GPS devices.

Hong Kong freezes $42 mln in Megaupload raids

Hong Kong Customs officers have raided offices, domestic premises and luxury hotel suites as part of a worldwide FBI Internet piracy investigation into file-sharing site Megaupload.com.

EU urges US to bolster data protection practices

(AP) -- The EU wants the United States to strengthen data protection practices in order to create a uniform "privacy landscape" on both sides of the Atlantic, a top official said Tuesday.

Google 'mulls bid for Yahoo!'

US Internet giant Google is mulling a bid for rival Yahoo! and has talked to at least two private-equity firms to consider how the deal would be financed, The Wall Street Journal reported on Saturday.

Silver Lake, others eye Yahoo!: reports

Private equity firm Silver Lake Partners has approached Yahoo! about making a bid for the struggling Internet company, according to newspaper reports.

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