LinkedIn India crosses 50 million

Network’s local membership surges; firm to develop more products in Bengaluru LinkedIn, the world’s largest professional network with more than 562 million members globally, announced that it has crossed the 50-million member mark in India. As LinkedIn’s fastest-growing and largest market outside the U.S., India has seen the member base grow from 3.4 million in November 2009 to 50 million […]

Read more

Neutral Net critical for India: R.S. Sharma

Country leapfrogging tech; must guard against walled gardens, says TRAI chief In his first interview since the government approved TRAI’s net neutrality recommendations, the outgoing Chairman of the Telecom Regulatory Authority of India, R.S. Sharma, talks about its importance for India. He also counters allegations of bias against himself as well as objections raised against TRAI’s recommendations for public Wi-Fi […]

Read more

Publishing execs believe Facebook is overly deferential to conservative content

At a private meeting late last week, some publishing executives criticized Facebook Inc. for being overly accommodating to conservative outlets, days before social-media executives are to appear on Capitol Hill to discuss how content is displayed on their sites. Executives from FacebookFB, +0.13% , Twitter Inc.TWTR, +0.68%  and YouTube are scheduled to testify before the House Judiciary Committee on Tuesday. Facebook […]

Read more

Still believers, Wall Street analysts stand behind Netflix despite shortfall

Wall Street analysts are standing behind Netflix Inc., despite the company’s weaker-than-expected subscriber growth in the second quarter. Most see the streaming company’s subscriber miss as simply growing pains, something to be expected as NetflixNFLX, +1.18% works to expand its reach and figures out the right balance of content spend and marketing. “Our longer-term view of growth potential is unchanged,” […]

Read more

EU car sales climb 5.2% to notch June record

Car sales in the European Union showed robust growth in June, as volumes for the month reached a record high despite mixed results across the bloc’s major markets. New car registrations–a reflection of sales–rose 5.2% on year to 1.57 million vehicles, the highest June total on record, according to data published Tuesday by the European Automobile Manufacturers’ Association, or ACEA. […]

Read more

Linde To Sell Assets In The Americas To Messer Group, CVC Capital For $3.3 Bln

German gas and engineering company Linde AG (LDE.L,LNAGF.PK) said it has entered into an agreement to sell the majority of its gases business in North America and certain business activities in South America to a consortium comprising companies of German industrial gases manufacturer Messer Group and CVC Capital Partners Fund VII. The purchase price of $3.3 billion, or 2.8 billion […]

Read more

GGP Reiterates Recommendation For Proposed Deal With BPY – Quick Facts

GGP Inc. (GGP) reiterated the recommendation of its Board, following the unanimous recommendation of the Special Committee of GGP’s Board, that the company’s stockholders vote for the merger proposal with Brookfield Property Partners L.P. The company also advised stockholders to vote in favor of: the charter proposals; the bylaws proposals; and the compensation proposal. GGP noted that, if the merger […]

Read more

Valeant gets a new name to shed its scandals, but will it work?

Valeant Pharmaceuticals International Inc. is hoping that a new name will put a rocky few years and an accounting scandal behind it — again. The company begins trading under Bausch Health Companies Inc. BHC, -2.18% and a new ticker, BHC, on Monday. It will be the company’s second scandal-inspired name change in less than 10 years. In 2010, after the troubled […]

Read more
1 129 130 131 132 133 134