Yahoo Japan News
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Taizo Son, the youngest brother of SoftBank Corp. magnate Masayoshi Son, has become a billionaire after shares of his company GungHo Online Entertainment Inc. soared more than 10-fold this year.
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Yahoo! Inc. has recorded $273 million in gains resulting from steps taken to guard against swings in the Japanese yen that can affect the value of its Asian operations.
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In five years, Yoshikazu Tanaka became Japan’s youngest billionaire as investors piled into Gree Inc., valuing his controlling stake in the early maker of phone- based games at $4 billion. Just 18 months later, that has shriveled to about $1.4 billion.
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Softbank Corp. fell the most in six months in Tokyo trading after Dish Network Corp. offered $25.5 billion for control of Sprint Nextel Corp., sparking concerns the Japanese wireless carrier may raise its own bid.
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Yahoo! Japan Corp. , operator of the nation’s most-visited web portal, will use Google Inc. ’s Internet search and advertising technology to replace its existing system as early as this year.
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Yahoo Japan Corp., operator of the country’s most-visited Web portal, surged the most since at least 2003 in Tokyo trading after raising its annual profit forecast and announcing plans to buy back shares.
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Yahoo Japan Corp. fell the most in three weeks in Tokyo trading as the government said it will question the company about plans to display advertisements based on the contents of users’ e-mail messages.
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U.S. stocks fell, after the Standard & Poor’s 500 Index approached a record high yesterday, as concern about Europe’s debt crisis overshadowed better-than- estimated American economic data.
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Yahoo Japan Corp., operator of the country’s most-visited web portal, said it plans to accelerate development of mobile-device applications as the number of smartphone users rises.
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Yahoo Japan Corp., owner of the nation’s largest Web portal, acquired CyberAgent Inc.’s foreign- exchange unit for 21 billion yen ($254 million) to tap increasing demand for trading on smartphones.
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