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Yahoo's hopes for a fresh start under a new CEO faded Tuesday as its closely watched discussions to sell most of its Asian holdings unraveled and a frustrated shareholder announced that he will try to seize four seats on the struggling Internet company's board.
Online game maker Zynga Inc. reported a net loss for the last three months of 2011, weighed down by hefty stock-compensation expenses and other costs in its first quarter as a public company.
As Yahoo tries to head in a new direction, the fate of the struggling Internet company's Asian holdings remains in limbo.
Bulgaria could join Germany, the Czech Republic and Poland in delaying its decision on whether to sign an international copyright treaty that some Internet users say could lead to online censorship.