Report: Google ad inquiry focused on pharmacies

(AP) -- Google Inc. recently set aside $500 million to cover a possible settlement of a U.S. government investigation into the Internet search leader's distribution of online ads from illegal pharmacies, according to a report ...

Google near US settlement over ad practices

Google is close to reaching a settlement with the Justice Department over allegations it made hundreds of millions of dollars by accepting advertisements from online pharmacies that break US law, The Wall Street Journal reported.

Yahoo! shares drop as Alibaba service spins off

Yahoo! stock sank on news that Alibaba has spun its online payment business out of reach of the US Internet pioneer, which owns a large stake in China's leading online search service.

Google braces to pay at least $500M in ad probe

Google Inc.'s lucrative online advertising system is facing a U.S. Justice Department investigation that is expected to cost the Internet search leader at least $500 million.

Microsoft bumps pay to keep 'top talent'

Microsoft said Friday it was raising pay for employees to retain "top talent" in the fiercely competitive market for skilled technology workers.

Former Google CEO made $313,219 in 2010

(AP) -- Billionaire Eric Schmidt feels more comfortable taking a million dollar paycheck as Google Inc.'s former CEO than he did when he was running the Internet's most powerful company.

Chinese social network Renren files for IPO

Renren, China's most popular social network, filed for an initial public offering in the United States on Friday hoping to raise as much as $583 million.

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