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Yahoo Sells Chunk of Alibaba Stake

Yahoo Header

Yahoo has completed a long-awaited $7.6bn (£4.7bn) deal to sell back its 40% stake in China's Alibaba Group, generating a windfall that could help ease the pain of Yahoo shareholders who have endured the company's foibles during the past few years.

Samsung Accused of Exploiting Younger Workers in China

Oliver Twist

Samsung Electronics, the world's largest mobile and smartphone maker, is being accused of exploiting younger workers and using factories in China where some employees were physically and verbally abused, and forced to work more than 100 hours per month of overtime.