SAN FRANCISCO (Reuters) - Yahoo Inc unveiled a plan for a tax-free spin-off of its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to distribute to shareholders its prized investment valued at roughly $40 billion.
(Reuters) - Apple Inc has shipped the most number of smartphones in China in the fourth quarter, overtaking Samsung Electronics Co Ltd and homegrown companies such as Xiaomi [XTC.UL] for the first time, according to data firm Canalys.
FRANKFURT (Reuters) - Access to Facebook , the world's largest social network, and its Instagram photo-sharing site, were blocked around the world for up to an hour on Tuesday, which the company said later was due to an internal fault and not an outside attack.
SAN FRANCISCO (Reuters) - Snapchat has partnered with CNN, ESPN and nine other media companies to feature videos and articles on its mobile messaging service, a move that heightens the competition with social networks such as Facebook Inc and Twitter Inc.
SAN FRANCISCO (Reuters) - Uber, a ride service facing legal challenges around the world, on Tuesday released a survey showing that people are less likely to drive home after drinking alcohol after such businesses started operating in their cities.