America Online (AOL) has recently been targeted by activist shareholder Starboard Value, which put up an alternate slate of directors last week in a brewing proxy battle – adding more to the news – AOL’s CTO Alex Gornares reportedly resigned from the company – during his tenure with AOL he was in charge of all of AOL’s technical operations – Gounares...
In Apple and Motorola legal tug of war in Germany – the Cupertino based company today won a said to be “temporary victory” in its ongoing legal dispute with Motorola Mobility. The Karlsruhe Higher Regional Court of Germany decided that Motorola Mobility is barred from further enforcement of its standard-essential patent injunction against Apple in Germany at...
Japan’s Olympus in lieu of its efforts to recover from a $1.7 billion accounting fraud, is expected to unveil a new board of directors as early as on Monday. The current boards will meet on Monday and is set to consider outside panel recommendations for a new list of candidates to replace with the current one, Reuters reports. Olympus, was is earlier in news as...
WikiLeaks in an unprecedented collaboration with Anonymous has begun publishing a new batch of revelations, ‘The Global Intelligence Files,’ which contains information taken from 5 million emails belonging to the private intelligence firm Stratfor. The source of the reported five gigs of email in its press release is not mentioned by the WikiLeaks but it stated...
President Obama’s page on Google+, Google social networking site has attracted hundreds of Chinese comments over on the current topic on President Obama Google+ page, been flooded with a lot of message after restrictions in China were removed, reports BBC. Google+ is blocked in the country along with other social media sites that according to the authorities deem unacceptable, some contributors seems making jokes, others said they were occupying the site in the western style Occupy campaigns. The search giant social site was launched...
Editor’s Note: Guest Author Sachin Mishra is in the process of finishing his Computer Science engineering, and having a wide interest in the field of Web Designing and Development. India’s Communications and Information Technology Minister Kapil Sibal seems recently commented over the issue of social sites during launching of his poetry. According to Sibal the...
Activist fund Starboard Value LP which recently raised its stake in America Online to 5.1%, nominated a slate of five candidates to AOL board, saying the prior discussions with the company in the past two months were not up to the mark, Reuters reports. AOL in a statement states that it held several meetings with Starboard to address its questions and offered the...
What it said to be “sad” ending when one company is on the final urge of acquiring another company and what it would be if the deal is worth $8 billion and on the top rejecting the acquisition only on hours before announcement – this is what happen with Sprint and regional carrier MetroPCS – which literally hours from announcing an $8 billion merger when Sprint’s board rejected the acquisition, tweeted by David Faber of CNBC. MetroPCS recently reported its earning this week and with over 9.35 million registered subscribers at...
The search giant, Google has filed documents with the US Securities and Exchange Commission today in preparation for selling its complete stake in the Clearwire Corporation, the firm building a 4G WiMAX network in the US – the news comes just a week after Clearwire posted its quarter fourth losses, indicating it may require additional funding to survive and sustain...
Editor’s Note: Guest Author Sachin Mishra is in the process of finishing his Computer Science engineering, and having a wide interest in the field of Web Designing and Development. T-Mobile is a part of one of the largest mobile companies in the world. On 1st July 2010, T-Mobile UK became part of Everything Everywhere Limited – the company formed through the merger of T-Mobile UK and Orange UK. Owned jointly by Deutsche Telekom and France Telecom, Everything Everywhere Limited is the UK’s biggest communications company,...
