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Enter the dragon: China's Alibaba set to invest about $1 bn in Micromax

Jun 25, 2015 at 14:58 | Source: FirstPost

Chinese e-retailing giant Alibaba is set to invest about $700 million - $1 billion in Micromax, valuing the Indian handset maker at about $3.5-5 billion, say media reports. This will be the second stake deal by the Chinese company in India after it b...

Alex Stamos quits Yahoo, to join Facebook as chief security officer

Jun 25, 2015 at 11:06 | Source: FirstPost

Alex Stamos, the CISO at Yahoo has moved on to become Chief Security Officer at Facebook. Updating this development on a Facebook post, Stamos mentioned how the Internet has been an incredible force for connecting the world and giving individuals acc...

Password recovery scam: How hackers are stealing Gmail, Yahoo Mail accounts

Jun 17, 2015 at 17:55 | Source: FirstPost

Symantec has observed an increase in a "particular" type of spear-phishing attack targeting mobile users. The purpose of the attack is to gain access to the victims email account."This social engineering attack is very convincing and w...

Cyber spying no more 'big fish' game: New malware campaign hits Indian SMBs

May 29, 2015 at 13:37 | Source: FirstPost

Kaspersky Lab has discovered a new business-oriented cyber-spying campaign called 'Grabit' that was able to steal about 10,000 files from small and medium-sized organisations, based mostly in Thailand, India and the US.The list of target sectors incl...

Two Indian-origin women among Forbes' richest self-made women

May 29, 2015 at 12:23 | Source: FirstPost

New York: Two Indian-origin women have made it to Forbes inaugural list of Americas 50 richest self-made women, sharing the honour with high-achievers such as Facebook COO Sheryl Sandberg, media mogul Oprah Winfrey and singer Beyonce.India-born Neerj...

Like FIFA, like BCCI: If only India's police could arrest cricket officials

May 28, 2015 at 14:27 | Source: FirstPost

FIFA president Sepp Blatters defence will be familiar with every one who follows Indian cricket - it is right out of former BCCI president N Srinivasans playbook.When the Supreme Court told Srinivasan to step aside as board president while hearing th...

Like Blatter, like Srinivasan: If only India's police could arrest cricket officials

May 28, 2015 at 13:42 | Source: FirstPost

FIFA president Sepp Blatters defence will be familiar with every one who follows Indian cricket - it is right out of former BCCI president N Srinivasans playbook.When the Supreme Court told Srinivasan to step aside as board president while hearing th...

Improper to haunt me with my past: Sunny Leone reacts to FIR filed against her

May 28, 2015 at 12:28 | Source: FirstPost

Bollywood actresses and former adult movie star Sunny Leone is finding it hard to let go of her past and start afresh in Mumbai. Earlier in May, a Mumbai housewife had filed a case against her foralleged distributionof obscene content on web and soci...

Indian govt setting up Rs 100 crore botnet cleaning and malware analysis centre

May 26, 2015 at 11:54 | Source: FirstPost

Government is setting up a centre that will detect malicious programmes like 'botnets' and help device owners remove such harmful softwares for free."We are setting up 'botnet' cleaning and malware analysis centre within three months. It will au...

Verizon Communications set to buy AOL for $4.4 bn

May 12, 2015 at 21:29 | Source: FirstPost

Verizon Communications Inc said on Tuesday it will buy AOL Inc for $4.4 billion, turning the biggest US wireless carrier into a leading provider of content and video for the web and mobile phones.The $50-per-share offer represents a premium of 17.4 p...

Wall Street ends stronger as global debt worries fade| Reuters

May 08, 2015 at 02:45 | Source: FirstPost

(Reuters) - U.S. stocks ended higher on Thursday, helped by a jump in tech stocks and a reversal in surging global interest rates.Strong quarterly results from Alibaba as well as speculation that consumer review website Yelp.com could be for sale dro...

Wall St mixed as positive jobs data offsets bond rout| Reuters

May 08, 2015 at 01:45 | Source: FirstPost

REUTERS - Wall Street was mixed in choppy trading early on Thursday as better-than-expected U.S. jobs data led to U.S. Treasuries trimming their gains, giving the markets some relief from the rout in global bond markets.The number of Americans filing...

Wall Street climbs as global debt worries recede| Reuters

May 08, 2015 at 00:45 | Source: FirstPost

(Reuters) - U.S. stocks moved higher on Thursday afternoon, helped by a jump in tech stocks and a reversal in surging global interest rates.Strong quarterly results from Alibaba as well as speculation that consumer review website Yelp.com could be fo...

Wall Street higher on positive jobs data; tech stocks rebound| Reuters

May 08, 2015 at 00:15 | Source: FirstPost

REUTERS - U.S. stocks moved higher on Thursday afternoon, helped by strong results from Alibaba, a rebound in tech stocks and as upbeat jobless claims data indicated the labor market was improving despite moderate economic growth.The three major indi...

Wall Street rises on positive jobs data; tech stocks rebound| Reuters

May 07, 2015 at 23:15 | Source: FirstPost

REUTERS - Wall Street rose in late morning on Thursday after choppy trading earlier in the session as U.S. jobless claims came in stronger-than-expected and technology stocks rebounded.The number of Americans filing new claims for unemployment benefi...

When Tom Cruise faced a gruelling challenge on the sets of 'Mission: Impossible - Rogue Nation'

May 04, 2015 at 16:38 | Source: FirstPost

Los Angeles:Actor Tom Cruise said that he faced a "gruelling" challenge on the set of Mission: Impossible - Rogue Nation.The 52-year-old had to do a particularly "hairy" stunt for the film involving a motorbike, reports femalefirs...

Single form for incorporation: Has govt really made starting up businesses simple?

May 02, 2015 at 14:15 | Source: FirstPost

The Ministry of Corporate Affairs would have won the hearts and minds of wannabe entrepreneurs had it ushered in a system of online name selection for the proposed company.Take the case of Yahoo! If you are a new user and want to register, you can te...

Dying in slow motion: The greater horror of Nepal earthquake is now underway

Apr 30, 2015 at 11:25 | Source: FirstPost

The death toll from the Nepal earthquake keeps rising steadily as rescuers pull more and more bodies out of the rubble of collapsed buildings.But as the magnitude of the quake and the extent of damage becomes clearer both inside and outside the capit...

Dying in slow motion: The greater horror of the Nepal earthquake is now underway

Apr 30, 2015 at 09:56 | Source: FirstPost

The death toll from the Nepal earthquake keeps rising steadily as rescuers pull more and more bodies out of the rubble of collapsed buildings.But as the magnitude of the quake and the extent of damage becomes clearer both inside and outside the capit...

Yahoo's profit, revenue miss Street forecasts as costs rise | Reuters

Apr 22, 2015 at 04:15 | Source: FirstPost

(Reuters) - Yahoo Inc (YHOO.O) missed Wall Street's revenue and profit forecasts as slight growth in its online advertising businesses was outweighed by higher payments to websites which send readers to Yahoo.The company's shares fell about 1 percent...

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