Technology

Dealised acquires Hong Kong group-buying network

Michelle Hammond StartupSmart 15.12.2011
Dealised acquires Hong Kong group-buying network

Sydney-based group-buying firm Dealised has acquired Hong Kong-based company Localy Network Limited for an undisclosed sum, as Dealised seeks to drive its expansion across Asia.

Verizon to take on Netflix with Web service

Yinka Adegoke and Sinead Carew Reuters 07.12.2011
Verizon to take on Netflix with Web service

Verizon Communications Inc plans to launch a standalone service allowing customers to stream movies and television shows over the Web, in a fresh challenge to Netflix Inc and the traditional cable TV business, according to several people briefed o...


AOL CEO pitches investors on Yahoo deal: sources

Nadia Damouni and Jennifer Saba Reuters 13.10.2011
AOL CEO pitches investors on Yahoo deal: sources

AOL Inc CEO Tim Armstrong has been meeting with top shareholders in the past couple of weeks to push the idea of a sale to Yahoo Inc that could wring up to $1.5 billion of cost savings, according to sources with knowledge of the discussions.

Microsoft considers bidding for Yahoo

Peter Lauria and Nadia Damouni Yahoo! News Canada 06.10.2011
Microsoft considers bidding for Yahoo

Microsoft Corp is considering a bid for Yahoo Inc, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008, sources close to the situation said on Wednesday.


PE firms circling AOL turn attention to Yahoo

Jennifer Saba Reuters 17.09.2011
PE firms circling AOL turn attention to Yahoo

The troubles at Yahoo Inc are proving to be a headache for AOL, that other deeply challenged Internet company trying to turn around its fortunes.

AOL Gets Last, Best Hope in Private Equity

Joseph Ciolli and Rita Nazareth Bloomberg.com 18.08.2011
AOL Gets Last, Best Hope in Private Equity

For a private equity firm that’s looking for the cheapest way to get online, AOL Inc. (AOL) is trading for 57 cents on the dollar. The Internet pioneer spun off from Time Warner Inc. (TWX) in 2009 plunged to a record low last week after cutting th...


Google to Buy Motorola Mobility for $12.5 Billion to Gain Wireless Patents

Brian Womack and Zachary Tracer Bloomberg.com 16.08.2011

Google Inc. (GOOG), the biggest maker of smartphone software, agreed to buy Motorola Mobility Holdings Inc. for $12.5 billion in its largest acquisition, gaining mobile patents and expanding in the hardware business.

Lolapps and 6waves merge to create social gaming giant

One of the biggest publishers of social games, 6waves, and one of the largest developers, Lolapps, have announced that as of today they will be merging into a new games company dubbed, appropriately enough, 6waves Lolapps.


News Corp. on verge of Myspace sale: WSJ

Loic Venance Yahoo! News 29.06.2011
News Corp. on verge of Myspace sale: WSJ

News Corp. is on the verge of selling Myspace and a deal could include laying off more than half of the troubled social network's staff, The Wall Street Journal reported Tuesday.

Apple's Chinese workers treated 'inhumanely, like machines'

Gethin Chamberlain The Guardian 02.05.2011
Apple's Chinese workers treated 'inhumanely, like machines'

An investigation into the conditions of Chinese workers has revealed the shocking human cost of producing the must-have Apple iPhones and iPads that are now ubiquitous in the west.


Microsoft Co-Founder Hits Out at Gates

NICK WINGFIELD And ROBERT A. GUTH The Wall Street Journal 31.03.2011
Microsoft Co-Founder Hits Out at Gates

Bill Gates schemed to take shares in Microsoft Corp. from his co-founder during the early days of the software company following his partner's treatment for cancer, according to a new memoir by the billionaire co-founder, Paul Allen.

AT&T to Buy Deutsche Telekom’s T-Mobile USA for $39 Billion in Cash, Stock

AT&T Inc. (T) agreed to buy T-Mobile USA from Deutsche Telekom AG (DTE) for about $39 billion in cash and stock to create America’s largest mobile-phone company, trumping Sprint Nextel Corp. (S)’s effort to acquire the business.


Facebook to open sales office in Hong Kong: media

Facebook, the world's largest social-networking site, will open a sales office in Hong Kong, in a move to tap the region's booming Internet scene, local media reported on Wednesday.

News Corp. puts Myspace on the block

News Corp. put ailing social network Myspace up for sale on Wednesday. "We recognize that the plan to allow Myspace to reach its full potential may be best developed under a new ownership structure and we're evaluating those strategic alternatives...


Belgium to probe iPad newspaper subscriptions

Belgium said Monday it would probe Apple's policy of requiring newspapers and magazines to go through the iTunes store to sell subscriptions for the iPad tablet.

AT&T added 50 percent more China clients in 2010

AT&T (T.N) has increased the number of clients it has in the Greater China region by about 50 percent in the past year, a senior executive said on Thursday, and is now looking to target privately run Chinese companies.


Google Is Said to Be Poised to Buy Groupon

EVELYN M. RUSLI AND CLAIRE CAIN MILLER The New York Times 01.12.2010
Google Is Said to Be Poised to Buy Groupon

Google is near a deal to acquire Groupon, the pioneering online discounter, for as much as $6 billion, people with direct knowledge of the matter told DealBook on Monday.

News Corp weighs MySpace options

Yinka Adegoke and Jennifer Saba Reuters 30.11.2010
News Corp weighs MySpace options

News Corp is open to a sale of beleaguered MySpace after a relaunch of the social network as an entertainment site, Chief Operating Officer Chase Carey told Reuters.


The Hong Kong CSL, Ltd. announced it will launch the first dual-mode 4G business network on Nov. 25, which helps to speed data transmission by cell phone users and upgrades networks to a new level of coverage.

Telstra Corp.’s Hong Kong mobile- phone unit started a fourth-generation network in the city to meet demand for high-speed wireless services and lift revenue.



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