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  • Alibaba appoints Jeff Zhang as head of marketplace websites

    9 March, 2015 9:05 PM 15

    SAN FRANCISCO (Reuters) - Alibaba Group Holding Ltd appointed Jeff Zhang the chief overseer of its main services on Monday, bringing Taobao, Tmall and Juhuasuan into a newly created "China Retail Marketplaces" division.It's unclear how Zhang's appointment affected Yilei Wang, who was President of the Amazon.com-like Tmall retail website. Alibaba said the move was intended

  • Qualcomm to buy back up to $15 billion of shares, raise dividend

    9 March, 2015 8:58 PM 15

    (Reuters) - Chipmaker Qualcomm Inc said it would buy back up to $15 billion of shares and raise its quarterly dividend.Shares of the company, which said it would buy back up to $10 billion of shares in the next 12 months, rose 2.6 percent to $74.60 in extended trading on Monday. Qualcomm also raised its quarterly dividend to 48 cents per share from 42 cents

  • Make calls, control music, pay for groceries with Apple Watch

    9 March, 2015 8:54 PM 30

    All eyes were focused on the watch, but Apple CEO Tim Cook also unveiled a new MacBook and announced other deals at a company event on Monday in San Francisco. Apple calls it “the most personal Apple device ever.” And potentially the most expensive. Starts at $349 with Apple Watch Sport, aimed at fitness enthusiasts, in anodised aluminium in silver or space

  • Kleiner ex-partner Pao testifies in Silicon Valley bias case

    9 March, 2015 7:31 PM 16

    By Dan Levine and Sarah McBrideSAN FRANCISCO (Reuters) - A former partner at Kleiner Perkins Caufield & Byers accusing the venture-capital firm of gender discrimination testified on Monday that she urged firm leaders to improve human relations policies after learning that three administrative assistants had allegedly complained about harassment. Ellen

  • Google may jump into virtual reality race

    9 March, 2015 6:42 PM 17

    A team of engineers at Google is reportedly working to build a version of the Android operating system to power virtual-reality applications. The move comes on the heels of Facebook’s $2 billion purchase of Oculus VR. The Wall Street Journal quoted “two people familiar with the project” as saying that Google has “tens of engineers” and other staff working

  • Apple's March 9 event: Key highlights

    9 March, 2015 5:27 PM 25

    New Delhi: Apple CEO Tim Cook talked about Apple's retail stores and offered an update on Apple TV. He was joined by HBO CEO Richard Plepler to announce that Apple will be the exclusive partner of HBO's upcoming stand-alone subscription service, HBO Now. Here are key highlights of Apple's March 9 event. 1. There will be a new HBO Now channel on Apple

  • Starboard says Yahoo remains deeply undervalued

    9 March, 2015 2:22 PM 11

    REUTERS - Yahoo Inc shareholder Starboard Value LP said the company's spinoff of its stake in Alibaba Group Holding Ltd was a "good first step" but reiterated that the company remained undervalued. Starboard recommended that Yahoo "right-size" its "bloated" cost structure, buy back $3.5 billion-$4.0 billion of shares and separate the Yahoo Japan stake

  • Apple Watch coming on March 9: Here is what we know so far

    9 March, 2015 12:57 PM 85

    San Francisco: Apple Chief Executive Officer Tim Cook on Monday is expected to announce details of the first product developed under his leadership, a watch that Apple hopes will transform the market of wearable technology. The company provided a sneak preview of the "Apple Watch" in September, has shown it to fashionistas, and even bought a 12-page

  • Sitting pretty on the grasslands

    9 March, 2015 12:18 PM 39

    A rare winter visitor has caught the attention of birders in the city. It has a distinct pair of short ears and goes by the name Short-Eared Owl. Birder Prakash Gururajan spotted it on February 26 at Pachapalayam dry grasslands on Siruvani Road. “After that, I have made multiple trips to the grasslands along with the members of Coimbatore Nature Society

  • Cable operators keen on providing broadband: Ravi Shankar Prasad

    9 March, 2015 11:24 AM 58

    Cable operators have shown interest in providing broadband connectivity to consumers by tweaking technology — a move that will increase Internet penetration in the country, Telecom Minister Ravi Shankar Prasad said on Monday. “I am very excited to note that lot of cable operators have come forward to deliver broadband in urban areas by tweaking of technology