Posted by Mayuri on December 12, 2010 ·
The rebound in the US demands together with the substantial growth in the consumer spending in China has given rise to inflationary pressures that have spurred the companies to seek partners even through mergers and acquisitions. Li & Fung Limited is the largest supplier to Wal-Mart Stores Inc. and they have formulated plans to increase acquisitions [...]
Posted by Robert on December 20, 2009 ·
After acquiring AdMob for $750 million, and running on the LaLa acquisition recently, rumor mills are spinning the news about Google acquiring Yelp for as much as $500 million. Looks like Google is riding high on copious shopping spree. However, the final settlement seems a long distance from now as nothing much has been done yet except for having [...]
Posted by Varinya on May 5, 2009 ·
Facebook, Google, Microsoft have had hard luck inking deal with No.1 social network–twitter.
Founded in March 2006 by Jack Dorsey, Biz Stone, and Evan Williams; Twitter, once an alien network to many has managed to carve its identity in the otherwise identity-crisis war going amongst established and developing social networks. Whilst initially [...]
Posted by MB on March 25, 2009 ·
Indian IT major, Satyam Computer Services Ltd has hoped to finalize its buyer by April 30 for its 51 percent stake in the company. After months of being under the scanner for the fraud case, the biggest scam in Indian corporate history, Satyam Computers have finally found some bidders.
The potential bidders as for now are Larsen & Turbo, Tech [...]