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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
Posted in Business, Investment, Technology
Tagged Google, Investment, SEO, Technology, travel, travel search
2 Comments
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
Posted in Business, Economy, Investment
Tagged Business, economy, GDP, productive nations
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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
Posted in Business, Investment, Mobile/Cell Phones
Tagged Business, cell phones, China, mobile phones, phone users
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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
Posted in Business, Investment, Social Media, Technology
Tagged Business, Elevation Partners, Facebook, Investment, Social Media, Technology
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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
Posted in Business, Economy, Investment
Tagged Business, Investment, Technology, Vietnam
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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
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
Posted in Business, Investment, Social Media, Technology
Tagged Business, Flixster, Social Media, Technology, TvBuddy
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RI govt to continue encouraging private sector participation in infrastructure development
President Susilo Bambang Yudhoyono said the Indonesian government would continue to encourage infrastructure development cooperation with private parties. Continue reading
Posted in Business, Economy, Investment
Tagged Business, Indonesia, infrastructure, Investment, Susilo Bambang Yudhoyono
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India’s outward FDI into USA on the rise, creating 60,000 jobs in US and contributing $26.6 billion to US economy
In a joint study by the University of Maryland, India-US World Affairs Institute and the Federation of Indian Chambers of Commerce and Industry, India had increased outward FDI projects in the US. Over the last five year period, Indian FDI projects in the US created about 60,000 jobs with investments worth $26.6 billion in total. Continue reading
First investment fund for China’s cultural industry launched
The China Media Capital, the first domestic private equity fund focusing on cultural and media industries in China, was officially launched after raising 2 billion yuan in the initial stage in Shanghai on June 21. Continue reading