Category Archives: Investment

Google to Acquire Travel-Data Provider ITA Software

July 1 (Bloomberg) — Google Inc. agreed to buy flight- information provider ITA Software Inc. for $700 million to improve its search-engine services for the growing online travel industry. The acquisition will help Google create new flight-search tools, the companies … Continue reading

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The Twenty Most Productive Nations In The World

24/7 Wall St. decided to find the most productive countries in the world. 24/7 elected to use GDP per capita as the measurement and the International Monetary Fund as the source for the data. Continue reading

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China phone users cross 1.1 billion

The number of phone users in China continued to grow rapidly with addition of 40.8 million new customers in the first five months of the year, surpassing 1.1 billion by the end of May. Continue reading

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PE firm buys shares of Facebook for $120 mn

Private equity firm Elevation Partners has invested $120 million in Facebook Inc by buying shares of the social networking site Continue reading

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Vietnam: The new China?

It’s been more than a decade since I was last in Ho Chi Minh City. The city then was dusty, noisy, frantic and, well, disorganized – a lot of energy but not a lot of focus. But, Ho Chi Minh in 2010 is booming. The familiar landmarks are still there but this city is spreading – upwards and outwards. Continue reading

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Indonesian stocks close higher

Jakarta (ANTARA News) – The Composite Stock Price Index (IHSG) at the Indonesian Stock Exchange (IDX) here Monday noon closed higher amid regional bourse fluctuation. The JKSE index went up 20.710 points or 0.70 percent to 2,967.73, and the LQ45 … Continue reading

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Flixster and BuddyTV Team On Ad Sales

Movie community site Flixster and TV fan site BuddyTV have formed a partnership to sell each others’ ad inventory and cross-promote their respective properties. The deal will allow advertisers to buy advertising across Flixster, which also encompasses movie ratings site RottenTomatoes.com, and BuddyTV. Continue reading

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