Fiber optic cable firm, Level 3, may have allowed NSA to tap Google’s fiber network

The New York Times cited reports that have suggested that Level 3 Communications, which controls most of the fiber optic cables that connect everyone to the Internet, may have greenlighted the NSA to tap data from Yahoo and Google. Both companies have announced that they will now start encrypting their data.

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Report says Yahoo's push to hire Katie Couric signals increased efforts to turn company around

A Bloomberg report said the move to get former CBS anchor Katie Couric to join the team at Yahoo! Inc was an accelerated effort of Chief Executive Officer Marissa Mayer's efforts to reinvigorate the tech giant's business.

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Yahoo announces convertible bond sale and stock buyback to protect stock price

Yahoo's USD 1 billion convertible bond offer and USD 5 billion stock buyback authorization was made to protect the company's stock price, writes Stephen Gandel on Fortune's Term Sheet.

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Dailymotion plans for new acquisition, Japan office

According to news agency AFP, video platform Dailymotion intended to continue with its acquisition and Asian expansion plans despite failed buyout talks between its parent company Orange and Yahoo Inc.

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Alibaba investment by Yahoo more valuable after IPO

Yahoo, which owns 24% of ecommerce giant Alibaba, reaps revenues prior to the IPO.

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Slice raises USD23 million in Series B funding

Startup company Slice received USD23 million in Series B funding from Japan's Rakuten, among others.

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Yahoo beats Google in US internet traffic in ComScore list

Digital analytics corporation ComScore said Yahoo beat Google for the month of July with 196,564,000 visits.

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ShopRunner minority stake purchased by Alibaba

ShopRunner added to Alibaba's recent purchases made to help in the former's IPO.

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Alibaba acquires stake in ShopRunner as it prepares for an IPO

Alibaba bought stake in online shopping firm ShopRunner for USD75 million as it prepares for its initial public offering in Hong Kong.

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Yahoo appoints Webb as chairman in Mayer's turnaround drive

Yahoo Inc named Maynard Webb as the company's chairman, as Marissa Mayer continued her efforts to turn the internet corporation around.

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Yahoo-Perion partnership to benefit both parties

Yahoo entered into new partnership with Perion Network Ltd, which can benefit both parties by improving their individual services.

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Tumblr founder to receive US$110 million retention payment from Yahoo

Tumblr founder David Karp gets US$110 million to remain in the company for the next four years.

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Yahoo! acquires Lexity

Yahoo! revealed that it had now acquired Lexity, a venture firm started by its former employee.

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Marissa Mayer's purchase spree is all about undertaking mobile - analysts

Analysts said that the president and CEO of Yahoo's purchase spree was all about catching up in the mobile space.

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FTC updates ad guidelines, warns Google, Yahoo, Microsoft

The US FTC updated its 2012 advertising guidelines and sent a letter warning Google, Yahoo, Microsoft, and other internet search companies to follow or be fined.

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