Los Angeles: Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, two sources with knowledge of the bid told Reuters on Friday.
Yahoo just this week announced a $1.1 billion acquisition of blogging service Tumblr. It now joins rival bidders for Hulu, including Time Warner Cable Inc, DirecTV, former News Corp president Peter Chernin and Guggenheim Digital Media, sources have said.
It is unclear how much the Internet company bid.
Sources have said Chernin is bidding $500 million, excluding an additional sum to cover Hulu's debt and programming commitments. But a source close to the bidding told Reuters his offer was too low, that Hulu could be worth as much as $1 billion to $2 billion....
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10:39 AM, May 25, 2013
Islamabad: Pakistani authorities on Wednesday shut mobile services in Islamabad and the nearby garrison city of Rawalpindi over security concerns on the arrival of Chinese Premier Li Keqiang in Islamabad. Li will arrive in Islamabad on Wednesday on a two-day visit after his official visit to India. The state-owned Pakistan Telecommunication Authority (PTA) issued a formal notification to all cellular companies to shut the services until 1 PM local time....
12:17 PM, May 22, 2013
Toronto: BlackBerry no longer owns the fast-paced, innovative smartphone world but the company, whose email-on-your-hip devices once revolutionised the industry, now aims to run it. The change in focus was hard to miss at the company's well-attended annual conference in Florida last week, even as news of a new smartphone model and its plans to offer the popular BlackBerry Messaging (BBM) instant message service on other platforms grabbed the headlines....
10:21 AM, May 22, 2013
Thirty-two-year-old Komal Ganatra from Gujarat is the only woman from the state to have cracked the UPSC exam this year. Komal Ganatra joined IBNLive readers for an interaction on how to prepare for the exam. Q. Congratulations madam for your success. Is this your 1st attempt? Did you go for any coaching? Can you suggest some good sites and books for the preparation. Asked by: swathi A. No, not my...
05:20 PM, May 21, 2013
Savarkundla: Thirty-two-year-old Komal Ganatra from Gujarat is the only woman from the state to have cracked the UPSC exam this year. After four attempts, the hard work has finally paid off. With a 591 ranking on the national merit list, she is an inspiration. But what makes Komal's feat even more valuable is her spirit to make a difference. Within a fortnight of her marriage to one Shailesh Popat in...
10:19 AM, May 21, 2013
Bangalore: Infosys Ltd, India's No 2 software services exporter, said on Monday it would challenge a $ 5.77 billion income tax demand raised by Indian authorities earlier this month. The demand relates to certain tax benefits on income from software development done overseas at the clients' location and revenue from special economic zones in India, Infosys said in a statement. It said the latest tax demand disregards a clarification by...
10:30 AM, May 20, 2013
Srinagar: Twenty-six-year old doctor Ruvaida Salam has become the first woman from the Kupwara district in Jammu and Kashmir to have cracked the Civil Services examination. Her name is now added to the small list of youth valley icons like IAS topper Shah Faesal and cricketer Parvez Rasool. She has done the Valley proud by being first woman from backward frontier Kupwara district to crack the civil services - a...
09:59 AM, May 20, 2013
New Delhi: Income Tax department has slapped a fresh $ 106 million (about Rs 582 crore) tax demand notice on Infosys, for 2009 fiscal, adding to the tax woes of India's second largest IT firm. The Bangalore-based software services exporter is already contesting additional income tax demands of $ 214 million (about Rs 1,175 crore) for four fiscals years beginning 2005 and said it will take legal recourse against the...
12:28 PM, May 19, 2013
Jaipur: An employee of the Army Supply Corp, posted in the South Western Command in Jaipur, was arrested for allegedly passing confidential information to Pakistan's Inter-Services Intelligence, police said on Friday. "The accused Upper Division Clerk BK Sinha (43) was spying for ISI and sharing classified information and documents regarding Army's transport related movements to Nepal based ISI agent," said Additional DG (Intelligence) Dalpat Singh Dinkar. Sinha was arrested by...
04:56 PM, May 17, 2013
New Delhi: Conceding to the longstanding demand of civil service aspirants, the Union Public Service Commission (UPSC) is mulling to put online the scanned copies of answer sheets of the candidates writing the prestigious examination. The Commission, which conducts the annual examination to select candidates for IAS, IPS and IFS among others, is in discussion with the Ministry of Personnel over the matter. "The UPSC is considering to upload answer...
06:16 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
In spite of the liberalisation of the Indian economy which has opened up so many avenues of quality employment, an IAS berth still appeals to a large number of young Indians. For a select few like Manjunath, it becomes the be all and end all of their lives. Is there need for greater sensitisation of IAS aspirants? Can counselling play a role? IAS officer Dr Raja Sekhar Vundru joined IBNLive...
05:33 PM, May 15, 2013
Bangalore: Two Indian IT firms are feeling the heat of the recent $ 45 million global ATM heist. But while they are under scrutiny for possible security breach, industry body NASSCOM says the incident is not a reflection on Indian IT services overall. It is being called the world's largest ATM heist - a sensational global crime that saw $ 45 million being stolen from two banks in the middle...
07:52 AM, May 15, 2013
An IAS aspirant committed suicide in Bangalore on Friday, upset over a "mix-up" in the Civil Services Examinations results list. ...
11:49 PM, May 14, 2013
Did a roll number mix up lead a civil services aspirant to commit suicide? The UPSC, which runs the exams, has denied the allegation and has said IAS aspirant Manjunath never made it through the preliminary test. A 24-year-old IAS aspirant Manjunath committed suicide on Friday in Bangalore after a mix-up in the Civil services examinations result list. ...
07:51 PM, May 13, 2013
Bangalore: The Union Public Service Commission (UPSC) has denied the charge that the student YV Manjunath had cleared the exam. Manjunath had allegedly committed suicide on May 10, with the police stating that he was upset over a 'goof-up' in the UPSC results published in Bangalore. The UPSC Chairman has told CNN-IBN that the rank and roll number belonged to some other student. "There is no possibility of Manjunath having...
02:17 PM, May 13, 2013
Bangalore: An IAS aspirant committed suicide in Bangalore on Friday, upset over a "mix-up" in the Civil Services Examinations results list. 24-year-old VY Manjunath was found hanging in an under-construction building near his residence in Madikeri. His family claims Manjunath had even tried to rectify "goof-up" and contacted Union Public Service Commission (UPSC) officials seeking clarification. "My son was very upset and had tried to rectify the mistake but there...
10:22 AM, May 13, 2013
For the third consecutive year, a girl Haritha V Kumar has topped the prestigious Civil Services Examination 2012. ...
09:45 AM, May 04, 2013
New Delhi: Ruchika Katyal, an IPS probationer, has achieved fifth rank in the prestigious Civil Services Examination. Katyal, a 2011-batch Arunachal Pradesh Goa Mizoram Union Territories (AGMUT) cadre probationary of Indian Police Service, is undergoing training at Sardar Vallabhbhai Patel National Police Academy in Hyderabad. She has been sent as an observer to poll-bound Karnataka. 26-year-old Katyal, who is also a Chartered Accountant, hails from Rohtak in Haryana and has...
08:22 AM, May 04, 2013
New Delhi: For the third consecutive year, a woman has topped the prestigious Civil Services Examination 2012. Haritha V Kumar, a probationer of Indian Revenue Service (Customs and Central Excise) 2011 batch, has made it to the top slot of the coveted exam, according to the results declared on Friday by the Union Public Service Commission (UPSC). The top position in General, Scheduled Tribe (ST) and Scheduled Caste (SC) have...
08:01 AM, May 04, 2013
