SAN FRANCISCO Yahoo Inc CEO Marissa Mayer said that crafting a focused, coherent mobile strategy was the top priority, and that she saw “clear upside potential” in the company’s search business. (Reporting By Alexei Oreskovic)
LOS ANGELES Chinese Premier Wen Jiabao said Tuesday that the government’s top priority was now stabilizing economic growth, with policies to include business-tax cuts and more targeted investment, according to comments carried by the state-run Xinhua news agency. Speaking ahead of much anticipated second-quarter economic growth data due out Friday, Wen was quoted as saying: “China needs to maintain a certain level of economic growth so as to provide a foundation for economic and social development, as well as the improvement of people’s livelihoods.” He said structural tax reductions for small firms, increased private investment, and more research and development [...]