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Softbank to Sell Most of Yahoo Stake

Softbank said it will pocket a handsome profit by repaying a $1.135 billion loan from Citibank with most of its 4% stake in Yahoo.

 

LivingSocial Receives $175 Million Investment From Amazon

On Thursday afternoon, social deals site LivingSocial confirmed rumors of an investment from Amazon, announcing a $175 million in funding from the Seattle-based giant.

 

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