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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 the Nepal earthquake is now underway

Apr 30, 2015 at 10:15 | 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...

Yahoo's revenue drops 4 percent, misses estimates| Reuters

Apr 22, 2015 at 02:30 | Source: FirstPost

(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: FirstPost

(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: FirstPost

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: FirstPost

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: FirstPost

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...

Flipkart readies to take on competition, makes key senior-level appointments

Apr 03, 2015 at 14:24 | Source: FirstPost

Online marketplace Flipkart has announced a slew of appointments to its senior leadership team. It has appointed Hari Vasudev as Senior Vice-President (Engineering, IT & Analytics) for Supply Chain vertical, the company said in a statement.An...

Interview: TaxiForSure bets big on Data Sciences to fight competition

Apr 02, 2015 at 18:16 | Source: FirstPost

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: BBC

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 ...

Ex-fashion&you CEO Pearl Uppal on what it takes to be 'successful' in male-dominated field

Mar 13, 2015 at 14:49 | Source: FirstPost

Success Quotient is a weekly feature in Firstpostthat appears every Friday,that looks at the pains and joys en route to success for a head honcho-whether a CEO, MD or an entrepreneur. The column looks at the idea that helped launch a company, its hig...

Jake Bilardi: The radicalisation of an Australian teen

Mar 12, 2015 at 14:37 | Source: BBC

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...

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