If you sell directly to U.S. customers or provide marketing services to clients who do, pay attention. A recent report says a growing mobile market is already generating billions in U.S. sales. And businesses are also spending billions to market to customers via mobile channels. The Mobile Marketing Association, a global trade association for the mobile marketing industry, says those numbers ... Read More »
Microsoft sought EU antitrust approval on Friday for its $26 billion bid for social network LinkedIn, a spokesman said on Friday, kicking off a month-long review by regulators of its largest deal. “We filed today,” company spokesman Robin Koch said. He said the European Commission has set a November 22 deadline to examine the case. The EUcompetition authority can either clear ... Read More »
Samsung Galaxy Note 7 Fiasco Could Cost Company a Whopping $17 Billion Samsung Electronics’ worst-ever recall could cost the company as much as $17 billion after it halted sales of its flagship Galaxy Note 7 for a second time, spelling an almost certain end for the ill-fated premium model. Samsung announced the recall of 2.5 million Galaxy Note 7s in ... Read More »
HIGHLIGHTS Instagram enjoys 500 million monthly users 300 million people use the app everyday It recently introduced ‘Snapchat clone’ Instagram Stories feature Instagram has crossed a new milestone by achieving 1 billion downloads on Google Play. What is more noteworthy is that Instagram is the nineteenth app to do so, joining the scarce billion-downloads club. The social sharing app enjoys ... Read More »
Finance Minister Arun Jaitley made the offer to set up AIIB branch in India while addressing the Board of Governors Session of the Annual General Meeting (AGM) of the bank headquartered in Beijing. BEIJING: India is preparing a basket of projects worth USD 2-3 billion for funding by the Asian Infrastructure Investment Bank (AIIB) in several areas like urban development ... Read More »
Japanese messaging app Line’s initial public offering has raised more than $1.1 billion despite a lukewarm IPO market. Shares priced at 3,300 yen each, or $32.84 per US-traded share, Monday, the top of the predicted range. That suggests strong demand. Renaissance Capital, an IPO research firm, says it’s the biggest US IPO of the year. The stock will begin trading ... Read More »
A group of Israelis and Americans filed a lawsuit on Monday seeking $1 billion in damages from Facebook Inc. for allegedly facilitating deadly Palestinian militant attacks on their loved ones. The plaintiffs, relatives of four Israeli-US dual nationals and one visiting US citizen who died in attacks in Tel Aviv, Jerusalem or the occupied West Bank between 2014 and 2016, ... Read More »
HIGHLIGHTS The deal is expected to be completed by year-end. Jeff Weiner will remain as LinkedIn CEO, reporting to Nadella. LinkedIn will keep its “brand, culture, and independence.” Microsoft and LinkedIn on Monday announced that the Redmond giant will buy the social network for professionals in an all-cash transaction valued at $26.2 billion, a figure that includes LinkedIn’s net cash. ... Read More »
HIGHLIGHTS The deal is predicted to be finished by means of year–give up. Jeff Weiner will remain as LinkedIn CEO, reporting to Nadella. LinkedIn will keep its “emblem, way of life, and independence.” Microsoft and LinkedIn on Monday announced that the Redmond giant will purchase the social communityfor professionals in an all-coins transaction valued at $26.2 billion, a discern that ... Read More »
HIGHLIGHTS The deal is anticipated to be completed with the aid of yr–quit. Jeff Weiner will stay as LinkedIn CEO, reporting to Nadella. LinkedIn will keep its “brand, culture, and independence.” Microsoft and LinkedIn on Monday announced that the Redmond large will buy the social network forexperts in an all-coins transaction worth $26.2 billion, a discern that includes LinkedIn’s net ... Read More »
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