Yahoo Co-Founder Yang Resigns From Yahoo Board and Exit from Company

Jerry Yang, Co-Founder of Yahoo is exiting the Yahoo! Inc (YHOO). board and its management team. Jerry Yang also left the boards of Yahoo Japan Corp. and Alibaba Group Holding Ltd., Asian Web companies Yahoo partly owns. Yang started Yahoo in 1995 with David Filo. While Yang studied in Electrical Engineering at Stanford, he co-created … Continue reading “Yahoo Co-Founder Yang Resigns From Yahoo Board and Exit from Company”

Google Protests SOPA on Homepage

Wikipedia is blacked to protest SOPA and PIPA on January 18. Google put a link on its home page ” Tell Congress: Please don’t censor the web!” for showing against SOPA and PIPA .The links will also include reasons why global tech firms like Google, Reddit, and Wikipedia oppose the bills. A Google spokeswoman, said.“Like … Continue reading “Google Protests SOPA on Homepage”

Wikipedia Will be blacked out globally to protest SOPA and PIPA on January 18

The Wikipedia community announced its decision to black out the English-language Wikipedia for 24 hours, worldwide, beginning at 05:00 UTC on Wednesday, January 18. The blackout is a protest against proposed legislation in the United States—the Stop Online Piracy Act (SOPA) in the U.S. House of Representatives, and the PROTECT IP Act (PIPA) in the … Continue reading “Wikipedia Will be blacked out globally to protest SOPA and PIPA on January 18”

Citigroup Reports Fourth Quarter 2011 Net Income of $1.2 Billion or $0.38 per Share

Citigroup Inc. today reported net income of $1.2 billion, or $0.38 per diluted share, for the fourth quarter 2011 on revenues of $17.2 billion. This compared to net income of $1.3 billion, or $0.43 per diluted share, in the fourth quarter 2010 on revenues of $18.4 billion. Citigroup 2011 full year net income was $11.3 … Continue reading “Citigroup Reports Fourth Quarter 2011 Net Income of $1.2 Billion or $0.38 per Share”

Facebook IPO reportedly due late May

Facebook is expected to make its long-awaited initial public offering (IPO) in the third week of May, according to US reports. If FaceBook plan to go public in May,must file its IPO documents within the next month, given that the review by the Securities and Exchange Commission usually takes about three to four months. It … Continue reading “Facebook IPO reportedly due late May”