Yahoo, Alibaba Goes Face-to-face
Submitted by Kunal Garg on Fri, 02/10/2012 - 13:01
It has been recently revealed in a report that Yahoo has restructured its holdings in the Asian company lately. Alibaba, which is the Chinese partner of the firm, has wanted to buy back as much as 40% of the stakes of Yahoo. It was revealed that a private restructuring procedure might’ve been taken by Alibaba that could be able to cut the stakes of Yahoo by 15%.
Path Hampers Privacy of Users’ Contact Info
Submitted by Jitendra Tiwari on Fri, 02/10/2012 - 12:20
An up-to-date report has revealed that Path has hindered the privacy of its users, which has given rise to condemnation on blogs and social media forums this week. It has been found that Path has uploaded users' address book data on to its servers, which has become an illegal and inacceptable matter.
RIM Planning to Bring Changes in Management
Submitted by Ajay Saxena on Wed, 01/04/2012 - 13:28
The Co-Chief Executives of Research in Motion (RIM), Mike Lazaridis and Jim Balsillie, might soon be stepping down from their post as Barbara Stymiest is being prepared by the company to substitute them. At present, Barbara Stymiest is an independent member of RIM’s board.
Google CEO Larry Page Sets New Inner Circle
Submitted by Sumit Yayavar on Sat, 12/17/2011 - 12:34
With new chief executive, Google is citing many new changes. The operating committee of Google (known as “The OC”) has been renamed to the “L Team”, which is a short term for Larry’s Team.
It would be definitely not wrong at all to say that Google’s most powerful group has got a more piercing name this time.
Microsoft, PE Firm Reworking on Yahoo Stake
Submitted by Neelesh Raghuwanshi on Sat, 12/17/2011 - 12:28
We have recently heard from an unidentified inner source that a group of people from three different firms are actually reworking on Yahoo stake.
The news covers private equity group Silver Lake, software giant Microsoft Corp and venture capital firm Andreessen Horowitz, consortium of which is in talks for reworking and reconsidering their bid to get a minority stake in Yahoo Inc.
BMW Bid Adieu to the 20000th Car from Sriperumbudur Plant in India
Submitted by Jitendra Tiwari on Sat, 12/17/2011 - 12:16
BMW, the luxury car giant, has served the automobile industry worldwide with so many luxurious models to enjoy driving that makes the company and its products absolutely unmatchable with any other available brand name.
The unfading mark that the car giant BMW has left over all of us is full of achievements. The newest and the latest achievement include: BMW has recently bid adieu its 20,000th car that was manufactured at its facility located at Sriperumbudur, Tamil Nadu.
