Alibaba, the Chinese e-commerce giant, is said to be taking its IPO to New York and ditching plans to list in Hong Kong.
With the Hollywood gold rush into China in high gear, it's hard to tell the real players from the wannabes.
Yahoo has at last struck a deal to sell up to half its stake in Alibaba Group back to the Chinese ecommerce giant for as much as $7.1 billion in cash and stock.
Real estate giant Wanda gave a powerful indication of China's growing biz muscle with the $2.6 billion purchase of U.S. theater chain AMC Entertainment to become the world's biggest cinema owner.
Yahoo has named Scott Thompson, prexy of eBay's PayPal division, as its new CEO, the fourth in less than five years for the struggling Internet company.
Yahoo and ABC News have forged a sweeping alliance they hope will usher the brands into 100 million households a month via computers, mobile devices and tablets, and provide a new pot of ad revenue…
More “Alibaba Group” on Variety.com
Domestic Film DAILY
PROVIDED BY: Box Office
Frozen2Daily: $1.7M Cumulative: $140.5M Disney -30.18%
Out of the Furnace
Out of the Furnace3Daily: $437,117 Cumulative: $6.8M Relativity Media -25.73%