Corporations

Deutsche Telekom to course local traffic through domestic servers

To protect itself from spy intrusions, Deutsche Telekom is instituting local routing of domestic traffic.


New investments keep Alitalia flights on time

Alitalia remains operational because of capital infusion from Il Poste and Italian banks. Poste's investment in Italia is a move to allow the airline to keep operating and keep itself searching for foreign partners without denigrating itself.

ZTE Corp plan to expand to US market

The US is the next frontier for ZTE, as it partners with the NBA's Houston Rockets. The third largest smartphone seller in China, ZTE Corp, had laid out plan to become the one of the top three handset companies in the the next three years.

Hulu to name third CEO in recent times

Hulu is set to name Mike Hopkins as its new CEO to replace Andy Forssell, who took over from Jason Kilar.


Latest News

Major broadcasters including Fox Television Stations had appealed to the Supreme Court in the hopes of stopping the streaming services of tech startup Aereo.
Social marketing tech startup Bread was acquired by Yahoo Inc to improve revenue potential of its ad products.
Molecular diagnostic test developer CardioDx Inc, who pioneered the heart disease test product Corus CAD, was set to raise almost USD86 million via a planned initial public offering.
State-backed China National Offshore Oil Corp might have overpaid for the acquisition of Canada-based Nexen Inc, according to a Reuters special report.
Twitter would pay a smaller fee to bankers at 3.25% of its IPO valuation, compared to that of Facebook's, according to sources.
Twitter Inc's most anticipated IPO had been clouded with social media giant Facebook's last year debut, said a Reuters report.
Chinese carmaker and France to contribute EUR1.5 billion individually for the expansion of Peugeot in Europe and in Asia.
Cloud web hosting and domain service provider Endurance International Group Holdings would undertake an IPO soon.
The IPO of CommScope Holding Co is expected to reap USD800 million. Commscope Holding Co, the telecommunications equipment firm, had set pricing terms for its IPO.
With a possible loss of USD3 billion and failure in the lower courts, telecommunications companies have gone up to the Supreme Court to decide on the legality of New York based Aereo.
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