Yahoo may rethink use of cash from Alibaba deal
SAN FRANCISCO, Aug 9 Yahoo Inc may re-evaluate plans for the cash it gets from a multibillion-dollar sale of half of its 40 percent stake in Chinese Internet company Alibaba Group.
Jan 9 The U.S. Supreme Court on Monday let stand a lower court's decision that an online advertising site accused by three young women of facilitating child sex trafficking was protected by a federal law that has shielded website operators from liability for content posted by others.
The refusal by the justices to take up the women's appeal in the case marked a victory for the tech industry, which could have faced far-reaching consequences had the Supreme Court decided to limit the scope of the Communications Decency Act passed by Congress in 1996 to protect free speech on the internet. The women were appealing a March 2016 ruling by the Boston-based 1st U.S. Circuit Court of Appeals dismissing their case.
(Reporting by Andew Chung in New York; Editing by Will Dunham)
* Penalty is largest FTC has ever imposed for violating an order