Walt Disney Company officially announced that it is becoming an equity partner in Hulu. Disney, through a subsidiary of ABC Enterprises Inc., will join NBC Universal and News Corp. as an investor and content provider. Full-length episodes from ABC primetime, ABC Family and SOAPnet will be added to H
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China has allocated $3.4 billion for energy saving, anti-pollution, ecological and environmental protection projects . Han Yongwen, secretary-general of the National Development and Reform Commission, said investment in these sectors accounted for 10 percent of the 230 billion yuan government spe
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ICICI Bank reported a 35 per cent fall in net profit at Rs 744 crore for the quarter ended March 31, 2009, against Rs 1,150 crore in the same period last year. The bank’s profit took a beating due to lower fee income, higher provisioning towards bad loans and an almost flat net interest income.
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Bharti Airtel today signed a five-year managed services deal valued at $500 million with Alcatel Lucent for its fixed-line and broadband operations. Bharti has already outsourced its network management to Nokia Siemens and Ericsson in two different deals for its wireless business while its IT infras
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David Rosenblatt, Google’s president of global display advertising, will leave the company on May 15. Rosenblatt leaving because he would like to run a company. Google wishes him luck.
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Microsoft is in talk with Verizon to launch a smartphone in the United States early next year. The news of a possible Microsoft-Verizon partnership came one day after another U.S. newspaper reported that Verizon is in talks with Apple for the possible development of an iPhone for Verizon, with th
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