August 11, 2009 | mauthor | Business, all | No Comments
Today, Facebook bought Friendfeed for $50 million. The reason behind facebook buying friendfeed is, facebook wants to confound google, as google cannot index facebook pages properly. They want to make facebook the largest web space. Frienfeed has 12 members in their team, in that 3 are ex goog
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August 10, 2009 | mauthor | Business, all | No Comments
General Motors after its bankruptcy, planned to sell car through ebay.com, GM aims to introduce a new platform for the buyers. On Aug 10 Tuesday, GM will launch a pilot program with EBay to sell the cars. Through this program buyers can place a bid for GM cars from GM dealers. And it has lot
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August 7, 2009 | mauthor | Business, all | No Comments
Apple might release a mini computer in the early 2010, which looks like a Ipod touch but slightly bigger than IPod touch. The Apple mini computer or tablet will be priced between $500 to $700. This is in competition to the other Netbooks or mini laptops manufactured by Dell, Acer, Toshiba and
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British Airways announced loss of £401bn. BA employees will be offered the option of taking unpaid leave or working part time to try and ease the financial crisis. Despite the revenues for the company going up by £9bn this year, it has seen an unprecedented fuel bill of £3bn, following the 44.
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Infosys plans to hire about 1,000 people in the US in the next 12 to 18 months. The company plans to add more than 1000 new employees as part of a big US expansion in anticipation of growth resuming in 2010.
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Facebook CEO Mark Zuckerberg said, eventually Facebook will go public in few years. Facebook has more than 200 million active users. Facebook has 15 billion pictures uploaded. Microsoft Corp invested $240 million in Facebook in exchange for a 1.6 per cent stake in the company, giving the so
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Hewlett-Packard reported a 17-percent fall in quarterly net profit on Tuesday and said it plans to cut nearly 6,400 workers. HP's sales of personal computers and printer ink were slow in the recent past. HP said revenue grew nine percent in the Americas to 12.1 billion dollars and declined
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The first A320 aircraft assembled in the Airbus Final Assembly Line China (FALC) successfully completed its first flight today. The aircraft took off from Tianjin International Airport at 10:42 am and landed at 14:56. Airbus began assembling A320 jets at its new Tianjin plant in September using part
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AMEX will trim 4,000 jobs, or about 6% of its workforce as part of a cost-savings plan. Under the plan, AmEx hopes to save $800 million during the remainder of 2009. About $175 million of the savings are to come from the job cuts, which are expected to cost $180 million to $250 million in a second-
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