New York: Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications.
The Sunnyvale, Calif, company's board of directors will meet on Sunday evening to consider approving a $1.1 billion acquisition of online content-sharing site Tumblr in a deal Mayer negotiated, according to the technology news site All Things D. The story posted late Friday cited anonymous sources.
If Yahoo Inc's board signs off, the deal could be announced on Monday.
In an invitation sent on Friday, Yahoo promised to unveil "something special" on Monday evening in New York. The event is being held in a Times Squares lounge located about two miles from Tumblr's headquarters....
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11:50 PM, May 19, 2013
New Delhi: University of Delhi teachers and students marched to Congress President Sonia Gandhi's residence on Sunday morning. They were protesting against the four-year undergraduate programme that is being introduced by the university. Around 150 members of various teacher and student organisations protested at 12 Janpath as police barricaded the route to Sonia's residence at 10 Janpath where they had earlier decided to stage the protest. The protesters, comprising of...
04:32 PM, May 19, 2013
Guwahati: Assam Chief Minister Tarun Gogoi said at Guwahati on Saturday there was considerable improvement in the law and order situation in the state over the past 12 years. He added that the government has been able to bring almost all insurgent outfits to the negotiating table. Gogoi completed his second year as chief minister for the third consecutive term Saturday. He said that while 412 civilians were killed due...
05:42 AM, May 19, 2013
Beijing: India is ready to write a new chapter of its relationship with China and the two countries should align their positions in many areas despite differences, External Affairs Minister Salman Khurshid said on the eve of Chinese Premier Li Keqiang's visit to India. "This visit is special because it is the first visit abroad by the Chinese premier since he assumed office in March. The relationship between our two...
03:05 AM, May 19, 2013
New Delhi: Holding the opposition's "disruptionary tactics" responsible for not allowing passage of the Food Security and Land Acquisition Bills in Parliament's Budget Session, the Congress on Saturday expressed its willingness for a special session if the other parties were agreed. Congress spokesperson PC Chacko also said that the party will take "disruptionary tactics" of the opposition to the people, alleging they had displayed "least inclination" towards passing pro-people legislations...
11:22 PM, May 18, 2013
London: The Financial Times' website and Twitter feeds were hacked on Friday, renewing questions about whether the popular social media service has done enough to tighten security as cyber-attacks on the news media intensify. The Syrian Electronic Army, an online group that supports Syrian President Bashar al-Assad, was behind the incident which followed a phishing attack on the company's email accounts, FT reported on its website. The attack is the...
12:46 PM, May 18, 2013
New York: Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications. The Sunnyvale, California, company's board of directors will meet Sunday evening to consider approving a $1.1 billion acquisition of online content-sharing site Tumblr in a deal Mayer negotiated, according to the technology...
10:43 AM, May 18, 2013
Thiruvananthapuram: A man in Thiruvananthapuram is on a mission to ensure the poor do not go hungry. Feeding over a 100 people every day for the past 30 years, Suryalayam is known as the messiah of the hungry. Every morning in a small restaurant on the outskirts of Thiruvananthapuram, a 100 meals are cooked, packed and then handed over to Suryalayam Raveendran. He then takes off on his bike looking...
02:32 PM, May 17, 2013
New Delhi: The union cabinet on Thursday approved the establishment of the Gandhi Heritage Sites Mission to conserve and restore the sites associated with the Father of the Nation. "The mission would be entrusted with the identification, collation and assessment of information on Gandhi heritage material for its management and deployment," said an official release. The mission will aim at preserving for posterity 39 core sites as well as other...
06:00 AM, May 17, 2013
New Delhi: In a major step towards realising the ambitious Nalanda International University, coming up in Rajgir in Bihar, an international jury has selected the architectural design of an Ahmedabad-based firm for the varsity. The design of Ahmedabad-based company Vastu Shilpa Consultants was selected by a jury that comprised top architects from Singapore, China, Japan and India. Vice Chancellor Gopa Sabharwal, addressing the media in Delhi on Thursday, said 79...
04:35 AM, May 17, 2013
Ghaziabad: A Delhi University student was sodomised and had dogs set upon him for his friendship with a girl whose father allegedly got his henchmen to torture him, Ghaziabad police said on Thursday. The father has been arrested and the hunt is on for his accomplices. The incident came to light on Wednesday, said a police official in Ghaziabad, neighbouring Delhi. Detailing what had happened, the official said a student...
07:45 PM, May 16, 2013
Banka: Cracking the UPSC is a difficult proposition, especially for aspirants who live in Naxal-infested areas, with no access to proper coaching facilities. But all that has changed in Bihar's Banka district due to the efforts of District Magistrate Dipak Anand and his deputy Sub-Divisional Magistrate Mithilesh Mishra. Together, they conduct free coaching sessions for students taking the UPSC exam from this region. With no proper guidance, the youth in...
11:02 PM, May 15, 2013
Tata Communications Ltd said on Wednesday it will delist from the New York Stock Exchange and terminate its American Depositary Receipts (ADR) programme. "Our decision to delist, deregister and terminate our ADR program was the result of several factors, including the fact that our ADR program had not developed the trading volumes we had initially hoped when we listed," Chief Executive Vinod Kumar said in a statement. Kumar said a...
05:45 PM, May 15, 2013
New Delhi: A special chattai therapy is providing some relief to little children suffering from cancer. CanKids initiative at AIIMS Delhi helps children undergo treatment by helping them with motivational and self esteem talks. Chemotherapy sessions, frequent hospital visits, long waiting hours, hair loss - are images associated with cancer. Battling the disease is a painful process for every one. Poonam Bagai was no different. The government officer's life was...
11:28 AM, May 14, 2013
New Delhi: With the crucial Food Security Bill and Land Acquisition Bill still pending, sources say the government is mulling a Special Session of Parliament to get the bills passed. Reports also say the government is looking at the option of introducing an ordinance instead too. But the government had earlier denied any such move. Sources say that the Food Ministry is opposed to bringing an ordinance. The government may...
11:14 AM, May 14, 2013
Dhaka: A top UN official on Monday termed Prime Minister Sheikh Hasina's dialogue offer to the opposition as a good "starting point" to resolve the current political crisis in Bangladesh, but feared the failure of talks could invite an unwanted scenario. "It is good starting point," visiting UN assistant secretary general Oscar Fernandez-Taranco said, referring to the Prime Minister's dialogue offer to opposition parties to end the ongoing political impasse...
01:59 AM, May 14, 2013
Mumbai: Whoever said that celebrities don't care about what's going on in the real world, Salman Khan will make them rethink that. He has promised to donate 2,500 water tanks to drought-hit districts in Maharashtra, which is facing its worst drought in 40 years. Across Maharashtra, it has been a devastatingly dry summer as more than 11,000 villages grapple with the worst drought in four decades. But there might be...
10:09 AM, May 13, 2013
Chandigarh: The Haryana government on Sunday said all bus stands in the state will be fitted with CCTV cameras to prevent any mischief in the premises. " A sum of Rs 4 crore will be spent on the installation of CCTV cameras in all the bus stands to prevent any mischief," Haryana Director General of State Transport Arun Kumar said in a statement in Chandigarh. He said that such cameras...
03:41 AM, May 13, 2013
With the ambition of combining the intellectual minds and skills, for the proliferation of knowledge in rural premise, Periyar Maniammai University is organising ICT Festival 2013. ...
09:25 PM, May 12, 2013
Washington: There is no more important partner for the United States in Asia than India and the growing convergence interests and outlook has brought about unprecedented cooperation between the two nations on regional and global security, a top US official has said. "President Obama has called our partnership with India a 'defining partnership for the 21st century'. And as we go about the much-talked about 'Asia rebalance', there's no more...
07:52 AM, May 12, 2013
