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Yahoo says it has been ordered to pay $2.7bn (£1.68bn) by a Mexican court.
The reported ruling follows a lawsuit stemming from allegations of breach of contract and lost profits related to a yellow pages listing service.
Yahoo said it "believes the plaintiffs' claims are without merit and will vigorously pursue all appeals".
Mexican Court Rules Yahoo To Pay $2.7 Billion Over Breach Of Contract [bbc.co.uk]