Ex-Alibaba GM Yan Limin sentenced for Bribery

Former Alibaba GM, Yan Limin has been sentenced to seven years of prison for accepting two large bribes during his tenure at Alibaba alongwith several other former Alibaba employees from Juhuasuan and Taobao who were found guilty of bribery by Hangzhou court. He was the then manager of Alibaba’s Juhuasuan group-buying venture, and was arrested last year for same charges. …

T-Mobile Second Quarter Results Flow In, Adds Most Number Of Customers

T-Mobile second quarter results came in first time as an independent company by CEO John Legere and Company has shown subscriber growth for the first time in last two years by adding net 1.1 million customers (685,000 as post paid phone customers). The company has shown highest rate of growth among all national carriers in this period by adding another …

Bernardo Joins Yahoo As Flickr Exec

Yahoo hired XGoogler Bernardo Hernández González, for leading photo-sharing unit Flickr. He earlier ran his own Zagat property at Google. He will join another Mayer loyalist, Dylan Casey, who came to Yahoo from Path several months ago and previously was a XGoogler. The news came after Brett Wayn resigned from his role at Flickr last week with reasons not disclosed. …