Author Archives: Editorial Staff
With three companies already in the line-up of cutting jobs – HP firing some 275 employees from its webOS division, IBM sacking about 1,000 employees working in the company’s US division – gaming company Activision Blizzard cutting jobs of about 600 employees – adding a new on the same tone – America Online (AOL) plans to lay off as many as 50 employees at its...
Yahoo seems these days freshening up the company’s management team, adding younger executives to the company. Yahoo Japan, which operates the country’s most popular Internet portal and is one third duly, owned by US Internet giant Yahoo states that Manaby Miyasaka will become chief executive on April 1. Miyasaka currently heads the company’s online shopping and...
Yelp, as we reported its earlier plans to lists its stock on the New York Stock Exchange (NYSE) in its upcoming IPO and plans to offer the price range between $12 to $14, priced its initial public offering at $15 a share, a dollar above from its higher limit its indicated price range. The company on the offering planned to sell about 7.1 million shares, with the rest...
With only a fewer phones in the country and probably the fewest internet connections, Myanmar recent gathering of techies in Yangon’s Myanmar Info-Tech complex illustrates the promise, changes and problems Myanmar presents as the next frontier for investors, reports Reuters. Thaung Su Nyein, secretary of the association and managing director of IT and media company...
Over earlier this week, we reported that the European Union France-led investigation stated that Google’s new privacy policy may violates the European Law, confirming over on this EU justice commissioner Vivian Reading says it breaches the union’s law. Google, whose new single policy is into effect since from yesterday, March 1st – consolidating 60 products different...
