Yahoo CEO Marissa Mayer will stroll away with a $55 million (more or less Rs. 365 crores) severancepackage deal if the business enterprise‘s auction of its net operations culminates in a sale that ousts her…
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Jabong parent gets EUR three hundred Million in investment From Rocket net
international style institution (GFG), parent company of online style portal Jabong, has secured afunding of EUR three hundred million (about Rs. 2,282 crores) from Rocket internet. at the same time as the German tech startup…
Infibeam’s $80 Million IPO Fully Subscribed
Indian online retailer Infibeam Incorporation’s $80 million initial public offering (IPO) attracted thin demand from institutional investors, just selling the total number of shares on offer in the country’s first e-commerce listing. The company, which…
‘Part of $100 Million Hacked From Bangladesh Bank Recovered’
Bangladesh’s central bank said Monday that part of almost $100 million (roughly Rs. 675 crores) allegedly stolen from a reserve account in the United States last month has been recovered. Suspected Chinese hackers stole the…
Spotify Says It’s Reached 30 Million Subscribers
Leading streaming service Spotify said Monday that it had reached 30 million paying subscribers as the company suggested it would keep expanding to more countries. The milestone was announced by Spotify’s chief executive Daniel Ek…
Alibaba to Train a Million Teenagers in Rural China: Report
Alibaba plans to train a million teenagers in rural China to help start their own online businesses, taking e-commerce to the country’s vast rural areas, the official Xinhua news agency reported on Tuesday. China’s biggest…
Bangladesh Bank Says Hackers Tried to Steal $951 Million
Bangladesh’s central bank confirmed on Sunday that cybercriminals tried to withdraw $951 million from its US bank account, as the country’s finance minister said he first got to know of one of the biggest…
‘Part of $100 Million Hacked From Bangladesh Bank Recovered’
Bangladesh’s central bank said Monday that part of almost $100 million (roughly Rs. 675 crores) allegedly stolen from a reserve account in the United States last month has been recovered. Suspected Chinese hackers stole the…
HBO Now Streaming Service Nears 1 Million Subscribers: Time Warner
Time Warner Inc. said its HBO Now streaming service is nearing 1 million subscribers, up from the 800,000 at year end. Chief Executive Officer Jeff Bewkes announced the new tally Tuesday at a Deutsche Bank…
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