Not being satisfied of its monopoly in the system software market, Microsoft wants to establish its hegemony in the online services sector also. Despite spending heavily on building its own search engine and advertising technology and even acquiring...
JP Morgan Chase & Co is in talks with Bear Stearns to quintuple its offer to buy Bear Stearns Cos to $10 per share in an effort to pacify angry Bear shareholders. JP Morgan raised its takeover offer for Bear Stearns Cos yesterday to about 5 times what..
It seems that the tale of the tub has finally ended with Yahoo rejecting Microsoft’s offer of $44.6 billion at the end of the humongous affair that carried on for the past couple of weeks. The unsolicited bid was finally turned down by Yahoo and...
The Thomson Corporation, a preeminent provider of information solutions to business and professional customers globally has announced that its shareholders have overwhelmingly approved the proposed acquisition of Reuters Group PLC at a special...
The first quarter results of the worlds most popular online search engine reveal that even the slowing US economy does not have an adverse effect on its revenue. Google was up by a 30% in the first quarter compared to last year as its first quarter...
In the share market business, there's no telling when things might go wrong. The latest news is the fall of global stocks along with the downfall of Goldman Sachs. The profit percentage went down by as much as 7%! Currently, it projected about...
Abu Dhabi's government has taken an 8% stake in the chipmaker company, Advanced Micro Devices (AMD). AMD has been struggling to control costs while trying to refocus on its research and development efforts, have received $622 million worth of...
The assumption held by experts regarding Indian business's latest fad for 'joint ventures' following TATA's example has once again been proved. Praj Industries following latest mantra of various business honchos has tied up with Brazil's Jaragua...
The blogging software and services company, Six Apart has sold its topic-based blogging communities network LiveJournal Inc. to SUP, a Russian based international media company. The deal comes expected as the two firms have been working together for...
Inmarsat, the leading provider of global mobile satellite communications, and European satellite leader Astrium has signed a deal for to make Alphasat I-XL satellite. This is being seen as the world's largest telecommunications satellite.
Through...
Fresh Comments