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Smart Money: Promise, drama in Yahoo's Asian assets
SAN FRANCISCO (Reuters) - Yahoo CEO Carol Bartz is known as a strong-willed and straight-talking leader, but some top money managers are betting she can mend fences and compromise with crucial partners in China.
Ericsson wins contract worth up to $1.2 billion in Australia
WELLINGTON (Reuters) - Australia's state-owned National Broadband Network awarded a contract to Sweden's Ericsson worth up to A$1.1 billion ($1.2 billion), the latest in a string of contracts to build the A$35.9 billion network.
Yahoo, Alibaba reach deal over Alipay: sources
NEW YORK (Reuters) - Yahoo Inc has resolved a dispute with partner Alibaba Group over the Chinese company's transfer of its prized online payments unit to its CEO Jack Ma, two sources close to the matter said.
Shanda Games in acquisition talks with social, mobile
SHANGHAI (Reuters) - China's third-largest online game operator Shanda Games is in acquisition talks with some social and mobile gaming firms in the United States and Asia, its chief executive said on Wednesday.
Google says was rebuffed as partner by Facebook
SAN FRANCISCO (Reuters) - Google Inc tried to partner with Facebook but was rebuffed, denying the search giant to the social network's trove of personal information, Google Executive Chairman Eric Schmidt said on Tuesday.
U.S. arms makers said to be bleeding secrets to cyber foes
WASHINGTON (Reuters) - Top Pentagon contractors have been bleeding secrets for years as a result of penetrations of their computer networks, current and former national security officials say.
Twitter acquires online ad team to help with monetization
SAN FRANCISCO (Reuters) - Twitter has acquired the team behind a small Internet company whose tools helped manage advertising campaigns on Google Inc, stepping up the microblogging site's effort to generate revenue.
Privacy group gets part of Google settlement: judge
SAN FRANCISCO (Reuters) - A U.S. judge approved a class action settlement over Google's Buzz social network, and awarded $500,000 to an Internet privacy group that had previously been left out of the proposed deal.
Jobs to headline Apple launch, unveil iCloud
SAN FRANCISCO/NEW YORK (Reuters) - Apple Inc CEO Steve Jobs leaps back into the spotlight next week to showcase the iPad maker's latest software and is widely expected to unveil an online music storage and streaming service.
Nokia drops targets and shares slump to 13-year low
HELSINKI (Reuters) - Mobile phone maker Nokia Oyj abandoned hope of meeting key targets just weeks after setting them, raising questions over whether its new boss can deliver on the turnaround he promised in February.













