Dubai World which is a state-owned large business firm has entered into an official agreement with the government of Dubai. The agreement is a deal with creditors that they will together try to restructure the liabilities of the government which amounts to around $24.9 billion.
As per other sources of Dubai World is in such a [...]
Sep
13
2010
13
2010
Dubai Debt Deal
Aug
23
2010
23
2010
Federated Media advertising agencies to buy semantic evaluation techniques
The Federated Media advertising agency announced to buy TextDigger semantic search technology platform for semantic evaluation, but the details of the transaction have not been disclosed.
TextDigger founded in 2005, and its semantic search and related services platform can have a large number of content sites on the existing keyword search engines [...]
Aug
21
2010
21
2010
Google acquisitions Like.com : To generate more advertising revenue
The Internet giant would pay about one hundred million dollars for the form of images of items and fashion accessories. Today Google purchases Like.com, which lets you search for images of items and fashion accessories from a description in words. The website Like.com home page confirms that Google has acquired the company.
Earlier the newspaper New [...]
Jul
29
2010
29
2010
Symantec profit peaking $161 million in the first quarter
Computer security giant Symantec of Mountain View, California on Wednesday stated that its fiscal year’s first quarter profit got doubled on the flat sales. This year the net income as stated by the company is $161 million, which is more than even double of the $73 million made by the company in the same time last year. Although the [...]
Jul
29
2010
29
2010
Softbank invest $150 M in Zynga to bring social gaming revolution in Japan
In an announcement late Thursday the online games firm Zynga and the internet giant have confirmed their collaboration, Zynga Japan. Zynga is the online gaming company that is best known for its popular social game Farmville on Facebook, has reportedly received a US$150 million investment. The aim of this venture will be to develop and [...]
Jul
27
2010
27
2010
Yahoo Japan for better search and advertisings services joined hands with Google
Google search popularity is widely known, the search technology Google offered to its partners also , From 2001 to 2004, Google was providing search engine to Yahoo Inc.,. And, today announced that the technology was licensed to search again for Yahoo Inc. Based on this non-exclusive agreement, Yahoo Inc. (a subsidiary of Softbank, Yahoo [...]
Jul
19
2010
19
2010
Nokia Siemens Networks acquires the majority of Motorola’s wireless network infrastructure
Nokia Siemens Networks and Motorola, Inc. (NYSE: MOT) today jointly announced that the companies have entered into an agreement under which Nokia Siemens Networks will acquire the majority of Motorola’s wireless network infrastructure assets for US $1.2 billion in cash.
The companies expect to complete closing activities by the end of 2010, subject to [...]
Jul
16
2010
16
2010
Nokia to publish second quarter 2010 results on July 22, 2010
Nokia will publish its second quarter 2010 results on Thursday, July 22, 2010 at approximately 1 pm Finnish time (CET+1). The press release will be available on the Nokia website immediately after publication.
Nokia’s analyst conference call will begin at 3 pm Finnish time. A webcast of the conference call will be available at . Media [...]
Jul
16
2010
16
2010
Live audio webcast of Google’s second quarter 2010 earnings
The press release of google informs that ,a live audio webcast of Google’s second quarter 2010 earnings release call will be available at http://investor.google.com/webcast.html.
The call begins today at 1:30 PM (PT) / 4:30 PM (ET). The press release disclosing the Google 2nd quarter financial results , the financial tables, as well as other [...]
Jul
9
2010
9
2010
Bank of America, Citigroup, Alcoa, Google, Baidu, Air Products & Chemicals and Airgas Stk Future Mixed Before the Bell
U.S. stock futures were in tight range Friday after a strong week as investors pause after a big three-day rally and prepare for upcoming earnings season.
Bank of America Corp. hired two Fidelity Investments executive vice presidents Rich Linton and Steve Ulian to expand its $500 billion retirement-services business. Bank of America Corp. (NYSE:BAC, $14.86, +$0.15, [...]