Yahoo has agreed a deal to buy New York-based blogging service Tumblr for $1.1bn (�725m; 857m euros) in cash. Yahoo's chief executive Marissa Mayer said that as part of its promise "not to screw it up", Tumblr would operate independently.
In the tech/corporate world, Yahoo! just confirmed that it has agreed to pay $1.1bn for Tumblr, and promised not to "screw it up".
Marks & Spencer has become the latest in a string of UK companies to face criticism from tax campaigners over the way it structures its online sales to Europe - with one describing its sales operation as similar to that of the internet retail giant Amazon.
The independent board of Eurasian Natural Resources Corp has rejected a proposed offer by the embattled London-listed miner's billionaire founding shareholders to take it private.
David Cameron will not challenge Google's tax avoidance at a meeting with the web firm's chief executive today. Bizarrely the Prime Minister will brief business advisors on his plans for tackling global tax dodging but will not challenge Eric Schmidt over its ...