Verizon Communications set to buy AOL for $4.4 bn
May 12, 2015 at 21:29 | Source:
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:
(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:
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:
(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:
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:
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...
Yahoo's profit, revenue miss Street forecasts as costs rise | Reuters
Apr 22, 2015 at 04:15 | Source:
(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...
Yahoo's revenue drops 4 percent, misses estimates| Reuters
Apr 22, 2015 at 02:30 | Source:
(Reuters) - Yahoo Inc (YHOO.O) reported first-quarter revenue below analysts' estimates as the veteran internet company struggles to rev up its core online advertising business.Yahoo's shares were down 2.1 percent at $43.72 in extended trading after ...
Wall Street mixed as earnings offset merger news| Reuters
Apr 22, 2015 at 01:45 | Source:
(Reuters) - U.S. stocks ticked lower on Tuesday, with the Dow industrials weighed by companies reporting earnings while the Nasdaq gained on the back of a proposed merger in the biotech sector.Travelers (TRV.N), DuPont (DD.N) and IBM (IBM.N) weighed ...
Wall Street edges up as results ease anxiety over earnings| Reuters
Apr 22, 2015 at 00:45 | Source:
REUTERS - U.S. stocks edged up on Tuesday for the second straight day as a spate of companies beat lowered earnings expectations, helping to ease fears of a disappointing quarter.A majority of the top 10 S&P 500 sectors were up, with the health i...
Modi, Kejriwal among the 100 most influential people in the world
Apr 14, 2015 at 12:18 | Source:
New York: Prime Minister Narendra Modi and Delhi Chief Minister Arvind Kejriwal have been voted among the 100 most influential people in the world in an online poll by readers of Time magazine.Russian President Vladimir Putin emerged the winner of th...
Chinese hackers target Southeast Asia, India, researchers say
Apr 13, 2015 at 10:28 | Source:
Hackers, most likely from China, have been spying on governments and businesses in Southeast Asia and India uninterrupted for a decade, researchers at internet security company FireEye Inc said.In a report, FireEye said the cyber espionage operations...
Interview: TaxiForSure bets big on Data Sciences to fight competition
Apr 02, 2015 at 18:16 | Source:
Indias taxi market, which is worth almost $9 billion, is one of the fastest growing markets in the country that has been getting a lot of attention from global investors. One of the major players in the taxi aggregation market TaxiForSure, which was ...
Yahoo to shutter China office and cut around 350 jobs
Mar 19, 2015 at 12:42 | Source:
Internet giant Yahoo is closing its China office as part of a worldwide consolidation aimed at cutting costs. The Beijing research centre is Yahoo's only remaining physical presence in the country after it sold its Chinese operations to Alibaba ...
Jake Bilardi: The radicalisation of an Australian teen
Mar 12, 2015 at 14:37 | Source:
The Australian government is investigating unconfirmed reports that an Australian teenage Muslim convert who ran away to join Islamic State (IS) has carried out a suicide attack in Iraq. Details of casualties were not immediately known. Last year, he...