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Alibaba tells Yahoo! to decide on takeover

JACK MA: Wants immediate answer from Yahoo! PHOTO FROM ALIBABA.COM

HONG KONG—Alibaba Group Chairman Jack Ma said Thursday he expects an answer from Yahoo! within weeks to his long-standing offer to buy all or part of the US Internet giant, saying delays were hurting both firms. The Chinese entrepreneur denied reports he had a $20 billion war chest ready for Yahoo!, but added that money [...]

Posted: October 21st, 2011 in Featured Gallery,Infotech,Latest Technology Stories | Read More »

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