Google is deep into an effort to fund, build and help run wireless networks in emerging markets such as sub-Saharan Africa and Southeast Asia, a move that could connect a billion or more new people to the Internet.
The Valley: When Yahoo CEO Mayer said the Internet giant would spend $1.1 billion to acquire Tumblr, she promised not to "screw it up." Maybe she should have emphasized what the startup could do for Yahoo.
Mexican billionaire Carlos Slim says protests by an activist group in the U.S. have the trappings of an orchestrated campaign against him and his mobile phone companies and is asking California to investigate the group.
Exxon Mobil is in exclusive talks with InterOil to invest in the latter's gas assets in Papua New Guinea, a move that could cement the impoverished Southeast Asian country's position as a new significant energy exporter.