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SAN FRANCISCO, Nov. 1 (Xinhua) -- Yahoo, which has been rumored to sell all or part of its business, announced on Tuesday that it is buying data-driven advertising network Interclick for around 270 million U.S. dollars.Interclick is a technology company providing data targeted solutions and optimization technologies."This investment underscores our focus on enhancing the performance of both our guaranteed and non-guaranteed display business across Yahoo and our partner sites and, combined with Yahoo's reach and advertising leadership, will deliver a powerful solution for marketers," said Ross Levinsohn, Yahoo's executive vice president for the Americas region.Some analysts said Interclick's technology could help Yahoo to grow its display advertising market share as Google and Facebook have gained on or surpassed the company in the area.But the acquisition also raised questions considering Yahoo's financial situation after it reported last month its revenue in the last quarter decreased by 5 percent year-over-year. The company is also in a chief executive officer (CEO) search following the firing of former CEO Carol Bartz in September and amidst reports of a possible takeover.Although in a financial struggle, Yahoo still has around 700 million unique monthly visitors and its news division is the biggest online news site with around 81.2 million unique visitors in August.Tech giants like Google and Microsoft are reported to be considering providing finance for the acquisition of Yahoo by another company or a group of companies.In a report on Monday, Bloomberg News reported that Yahoo is leaning toward selling Asian assets and redistributing the proceeds to shareholders, rather than selling itself to a group of buyers. Yahoo's shares fell more than 5 percent after the possibility was reported.

SAN FRANCISCO, Jan. 13 (Xinhua) -- Google seems to get no blessings for a good start for its New Year resolutions as the Internet search giant got an earful of complaints about its new social search service and felt mortified by a customer-poaching scandal in its Kenyan division.On Tuesday, Google announced "search plus your world" to deliver personalized search results by embedding its social service Google+ to its search engine.Although Google called it as "a beautiful journey begins," competitors and industry watchers said it was "a bad day for the Internet." They accused the company of using its dominant search engine to promote its own social networking site by giving Google+ pages and profiles an artificially prominent position in search results.The search giant first had a public bickering with Twitter which issued a statement on Tuesday saying that "As we've seen time and time again, news breaks first on Twitter. We're concerned that as a result of Google's changes, finding this information will be much harder for everyone."Google on Wednesday made a statement on its official Google+ page, saying that "We're a bit surprised by Twitter's comments because they chose not to renew their agreement with us last summer." The agreement, in which Twitter gave Google access to public tweets, expired last July and was not renewed.Twitter fired back by demonstrating the inefficiency of the new Google search feature. Twitter general counsel Alex Macgillivray tweeted a page of Google search results for the search term "@WWE" which did not include World Wrestling Entertainment's Twitter page, but Google+ page.Macgillivray noted that with 792,642 followers on Twitter compared with 24,900 followers on Google+, WWE's Twitter page is a more relevant social source than Google page and should be presented in Google's search results.Facebook, Google+'s major rival, has been remaining silent this week publicly while its employees criticized Google's moves in public status updates. Several prominent Facebook engineers and directors shared a tech blog about switching default search engine to Microsoft's Bing after "Google broke itself."Facebook has been working with Microsoft to allow Bing to reveal more personalized content.Industry watchers are also crying foul at the privacy and antitrust concerns raised by the new search feature. Search Engine Land, a tech blog closely following Google's news, posted several examples of how Google favors its own social networking service.Industry watchdog Electronic Privacy Information Center told the Los Angeles Times that the group is considering filing a complaint with the U.S. Federal Trade Commission (FTC). The organization once made the complaint that resulted in Google's settlement with the FTC last year that requires the Mountain View, California-based company to submit to external audits of their privacy practices every other year.On Friday, a Kenyan business directory startup Mocality said that Getting Kenyan Businesses Online, a Google-backed initiative to give small businesses free websites for one year, routinely accessed Mocality's database to obtain sales leads.The Search giant's Kenyan division called Mocality customers to pitch Google's alternative service, claiming they have had a partnership with Mocality. Mocality CEO Stefan Magdalinski said there is no such partnership.In a statement sent to the U.S. media, Google said it is " mortified" to learn that a team representing Google improperly used Mocality's data and misrepresented their relationship with the Kenyan company, noting that it "unreservedly apologized to Mocality" and is still investigating the issue.On Monday, BBC revealed that Google admitted profiting from advertisements of illegal websites selling drugs, fake passports and unauthorized tickets for the 2012 Olympics.The ads had been removed by Google after they were brought to the company's attention, but the search giant told BBC that the company "keeps any money it might make from companies advertising illegal services before such ads are removed."Meanwhile, on Thursday, Microsoft announced it has signed a patent licensing agreement with LG Electronics on the manufacturer 's devices running Google Android platform, leaving Motorola Mobility the only major Android-powered device maker that refuses to strike a deal with Microsoft.After the announcement, Microsoft's directors have been taking to Twitter to taunt Google as the two companies had a history of public back-and-forth. But so far, it appeared that Google didn't have time to needle back.

SAN FRANCISCO, Nov. 21 (Xinhua) -- Hewlett-Packard Co. (HP) on Monday reported that its profit in the most recent quarter fell more than 90 percent with sales also declining.In the company's fourth quarter of fiscal 2011 ended Oct. 31, the company posted net earnings of 239 million U.S. dollars, compared with 2.54 billion dollars in the same period a year earlier.HP's net revenue for the quarter reached 32.1 billion dollars, down 3 percent year-on-year.Excluding one-time items, HP earned 1.17 dollars per share, which topped estimates of analysts.According to Thomson Reuters, analysts had expected earnings of 1.13 dollars per share on revenue of 32.05 billion dollars.It was the first earnings report since Meg Whitman took over as chief executive officer (CEO) of the information technology giant on Sept. 22, replacing Leo Apotheker."HP has a great opportunity to build on our strong hardware, software, and services franchises with leading market positions, customer relationships, and intellectual property," Whitman said in a statement after the earnings announcement."We need to get back to the business fundamentals in fiscal 2012, including making prudent investments in the business and driving more consistent execution," she added.

KATHMANDU, Jan. 14 (Xinhua) -- Visiting Chinese Premier Wen Jiabao on Saturday paid an official visit to Nepal, during which China and Nepal issued an eight-point joint statement on boosting bilateral ties and strengthening cooperation in various areas.During the visit, Premier Wen met with Nepalese President Ram Baran Yadav and held talks with the country's Prime Minister Baburam Bhattarai.The leaders of the two countries had an in-depth exchange of views and reached broad understanding on China-Nepal relations as well as on international and regional issues of mutual interest.The two sides agreed that the China-Nepal diplomatic relations, established in 1955 and characterized by equality, harmonious co-existence, ever-lasting friendship and comprehensive cooperation, are of great importance to both nations."Further enhancement of the ties is in accord with the fundamental interests of the two countries and is conducive to peace, stability and development in the region and the world at large," the joint statement said.Firstly, the two sides decided to further promote China-Nepal friendly relations of Comprehensive Partnership of Cooperation Featuring Ever-Lasting Friendship on the basis of the Five Principles of Peaceful Coexistence.Secondly, the two sides agreed to share development experiences and technological advancement, and enhance all round cooperation so as to achieve mutual development and prosperity.The two sides also agreed to maintain the momentum of high-level mutual visits, and have meetings between the leaders on the multilateral occasions.The two nations will also make full use of existing mechanisms including the diplomatic consultations and the China-Nepal Joint Economic and Trade Committee Meeting. The two sides agreed to form a Consultation Mechanism at the level of Ministers for Foreign Affairs.Thirdly, the Nepalese side expressed its firm support for China on its efforts to uphold state sovereignty, national unity and territorial integrity."Nepal does not allow any forces to use its territory for any anti-China or separatist activities," the joint statement said.Fourthly, the two sides agreed to further intensify cooperation in socioeconomic development, promotion of trade and tourism, hydropower, and transportation infrastructure development, as well as other fields on the basis of equality and mutual benefit.At the request of the Nepalese side, the Chinese side assured of increase in the volume of regular grant aid for the implementation of various infrastructure development and other projects.

BEIJING, Jan. 4 (Xinhua) -- The Chinese currency Renminbi, or the yuan, rose 8 basis points to a record high of 6.3001 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System.In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 percent from the central parity rate each trading day.The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices before the opening of the market each business day.