An analyst says the core business, which includes news sites and Yahoo Mail, could be worth up to $8 billion. Fred Katayama reports. Continue reading
The founder of Alibaba Group Holdings Ltd Jack Ma says a lawsuit by a group of luxury goods makers owned by Kering SA accusing the Chinese e-commerce giant of being a conduit for counterfeiters to sell goods was “regrettable”.
German Chancellor Angela Merkel and Chinese Vice Premier Ma Kai open the annual international computer fair CeBIT in Hannover, the largest high-tech trade expo in the world, where China is this year’s partner country.