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Yahoo China wins unfair competition lawsuit

SHANGHAI, Dec 21: Yahoo China has won a lawsuit it brought against a local search engine operator over unfair competition, Yahoo China's owner, Alibaba.com, said today.

Beijing's Second Intermediate Court ruled that Beijing Sanjiwuxian Internet Technology, operator of the Qihoo search engine, must stop competing unfairly and compensate Yahoo! China for damages and legal costs, Alibaba said in a statement.

Beijing Sanjiwuxian was also required to make a public announcement clarifying ''incorrect allegations'', the statement said, without specifying the size of any possible damages.

Yahoo China's suit had claimed that Qihoo's 360safe software prompted users to de-install the Yahoo Toolbar by making users believe the toolbar was malware -- software that users download unknowingly and is difficult to remove.

A spokesman for Beijing Sanjiwuxian Internet Technology was not immediately available for comment.

US-based Yahoo Inc. last year took a 40 per cent stake in Alibaba, folding its own China business into Alibaba and making a 1 billion dollar payment in exchange.

REUTERS

Sri Lankan Jayawardene undergoes appendix surgery

SYDNEY, Dec 21 (Reuters) Sri Lanka wicketkeeper Prasanna Jayawardene has undergone appendix surgery in Wellington and is due to return home from the tour of New Zealand over the weekend, New Zealand Press Association reported today. Jayawardene played both matches of the recent test series, which was drawn 1-1, but was not part of the squad for two Twenty20 games and five one-day internationals over the next three weeks. He was struck on the wrist.....

No word on McGrath's future plans

SYDNEY, Dec 21 (Reuters) Australian fast bowler Glenn McGrath was keeping a low-profile on Thursday amid growing speculation he was about to follow Shane Warne into retirement. Rumours have been rife in Australian media that McGrath is planning to follow Warne and quit after next month's final Ashes test in Sydney. Warne confirmed his retirement plans at a news conference in Melbourne today but there was no word from McGrath or his management team. Cricket Australia.....

Sensex opens at 13,313.91 pts, down by 27 pts

Mumbai, Dec 21: The downward drift of the Sensex continued unabated today on the Bombay Stock Exchange, at it opened lower at 13,313.91 points with a modest loss of around 27 points, from it's last close of 13,340.21 points, due to a combination of factors like profit booking by local operators, sustained selling pressure exerted by Foreign Institutional Investors (FIIs) and a weak trend displayed by India ADRs on Wednesday.IT, banking and cement pivotals suffered a setback on lack of.....
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