Yahoo's Fines In That Massive $2.75 Billion Mexican Lawsuit Have Been Cut To $172,500 (YHOO)

Yahoo announced some relatively good news today. It's not on the hook to pay a staggering $2.75 billion fine to Mexican entrepreneur Carlos Bazan-Canabal after all. An appellate court in Mexico reduced the fine to a much more manageable $172,500, to be paid by Yahoo! Mexico. In November, a former business partner, Worldwide Directories, won a breach-of-contract lawsuit against Yahoo for breaking off a telephone-directories project that had started in Mexico but was set to expand internationally....