March 20th, 2019
BURBANK, Calif. & New York-- The Walt Disney Company to acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses, for approximately $52.4 billion in stock (subject to adjustment).
Building on Disney’s commitment to deliver the highest quality...
March 16th, 2019
Shares of Facebook Inc fell as much as 5 percent on Friday to their lowest in nearly three months after the surprise departure of Chief Product Officer Chris Cox, at a time when the company is again being scrutinized over its handling of privacy, extremism and political content.
Cox, a Wall Street favorite who has worked with...
March 16th, 2019
The EU's anti-trust regulator is to slap tech giant Google with a new
fine over unfair competition practices, sources told AFP on March 15.
Brussels has targeted the Silicon Valley firm's AdSense advertising
service, saying it restricts some client websites from displaying ads
from third parties.
The decision in the long-running...
March 9th, 2019
NEW DELHI: Ola is in talks with Hyundai Motor Company for investing about USD 300 million in the cab-hailing platform, according to sources.
The discussions are at an advanced stage and a deal could be closed in the next few weeks, sources said.
If the deal goes through, it would be Hyundai's second investment in the Indian...
March 6th, 2019
World’s leading paid music streaming service Spotify register more than 1 million unique users in India across its free and premium tiers in less than a week launch.
As we mentioned that Spotify launched in India on Tuesday, stepping into a price-sensitive market crowded by well-funded players such as Reliance Industries’...