Alibaba Group Holding Ltd (BABA.N) offered to pay $3.5 billion to become the sole owner of Youku Tudou Inc (YOKU.N), known as China's YouTube, in a move that would give the e-commerce giant access to more than half a billion online video users.
BEIJING: Buyers of abducted children in China will face criminal punishment under proposed laws that would remove an exemption from prosecution, reports said Thursday, as authorities clamp down on the flourishing child trafficking industry.
CALIFORNIA: Professional social network operator LinkedIn Corp said it would buy privately held online education company lynda.com in a cash-and-stock deal valued at about $1.5 billion (1.01 billion pounds).
SAN FRANCISCO: Google Inc said on Tuesday it is acquiring satellite company Skybox Imaging for $500 million in cash, the Internet company's second high-profile...