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Alibaba Group, the Chinese Internet company part-owned by Yahoo Inc., has hired advisers to help it negotiate for expanded management independence in the event its U.S. partner is acquired by Microsoft Corp., a person familiar with the situation said.
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eMarketer predicts that online retailers in the US will ring up over $100 billion more in sales in 2012 than they did in 2007. Sales growth will come mainly from consumers who are shifting their spending from traditional retail stores to the Internet.
