San Francisco: Yahoo Inc is replacing its CEO for the third time in as many years, and giving three board seats to a hedge fund led by Daniel Loeb, putting him in a strong position to influence

HCL Infosystems has said it will not make any new investment in its computing hardware business, as it wants to focus on growth engines such as services, learning and multi-brand distribution. One of

Indian information technology (IT) services companies are slowly gaining market share in Europe, with European buyers opening up to offshoring services.

Facebook Inc, just days before it goes public, said it has revamped its privacy policy in a way that could broaden the reach of its advertising business through other websites. The operator of the

Social networking giant Facebook is making efforts to give users a clearer picture on how the information they share is used by the firm. Facebook said has said that the firm is updating its data use

Dear Mark, Congratulations! Through vision, grit, persistence and brilliance, you are about to launch the largest IPO in American history. You have understood our needs and desires for connection

Facebook Inc, just days before it goes public, said it has revamped its privacy policy in a way that could broaden the reach of its advertising business through other websites. The operator of the

Facebook Inc CEO Mark Zuckerberg on Friday laid out his 2012 goals to investors on the Silicon Valley leg of his IPO roadshow, saying his first priority was improving the social network's mobile

- The following corporate finance-related stories were reported by media on Thursday: