San Francisco: Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. The deal, announced on Monday, is a bold bet by Yahoo Chief Executive Marissa Mayer to revitalize the company by co-opting a Web property with strong visitor traffic but little revenue. The combination...
05:25 AM, May 21, 2013
New Delhi: Renowned author Chetan Bhagat, who often played matchmaker for friends in college, has decided to tell people the benefits of finding the right partner through a matrimonial site by turning narrator and telling success stories of couples who met online. The 39-year-old, who has penned best selling books like "One Night @ the Call Centre", "Five Point Someone" and "3 Mistakes Of My Life", has become part of...
11:39 PM, May 20, 2013
Hyderabad: A 23-year-old electrician allegedly committed suicide by hanging himself from a tree on the Osmania University (OU) campus in Hyderabad on Monday for the "cause of separate state of Telangana", police said. The deceased, identified only as Bharat, was found hanging from a tree on the campus by some locals who alerted police. The deceased, a native of Huzurnagar in Nalgonda district, came here only two months ago and...
11:20 PM, May 20, 2013
Coming at a time when mutual trust between the two countries is not at a significant high, what are the major takeaways for India from this high-profile visit? Alka Acharya, director of Institute of Chinese Studies, joined IBNLive readers for an interaction on the matter. Q. Dear Madam, Do you think that it will be an advantage for India if its relationship with China improves after the Chinese Premier visit...
06:41 PM, May 20, 2013
CJ interviews students at DU about the proposed 4 year undergraduate degree program that's got everyone up in arms. ...
06:10 PM, May 20, 2013
San Francisco: Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times. The deal announced Monday represents Mayer's boldest move yet since she left Google 10 months ago to lead Yahoo's latest comeback attempt. It marks Yahoo's most expensive acquisition since the Sunnyvale, California, company bought Overture for $1.3 billion a decade ago. Tumblr...
05:54 PM, May 20, 2013
Mumbai: Morgan Stanley said on Monday it has signed an agreement to sell its Indian wealth management unit to Standard Chartered. Financial terms of the deal were not disclosed. "Morgan Stanley will work closely with Standard Chartered over the coming months to ensure a smooth transfer of our wealth management clients currently serviced in India," the US bank said in a statement. This process is expected to be completed by...
02:44 PM, May 20, 2013
Gurgaon: Indian National Defence University, a dedicated first-of-its-kind institution for training and research in military studies, will be set up in Gurgaon close to the national capital Delhi. The foundation stone of INDU, to be constituted under an Act of Parliament, will be laid by Prime Minister Manmohan Singh on May 23, Deputy Commissioner PC Meena said. The proposed institute will be equipped with training and research facilities on all...
09:17 AM, May 20, 2013
New Delhi: Yahoo's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash. This is new Yahoo CEO Marissa Mayer's largest deal since taking the helm of the once-iconic Internet company in July 2012. 10 facts about Tumblr: 1. 26-year-old David Karp is Tumblr's founder and CEO. 2. Tubmlr was launched in February 2007. 3. The company has 175 employees. 4. Tumblr...
07:31 AM, May 20, 2013
San Francisco: Yahoo's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition would be Marissa Mayer's largest deal since taking the helm of the once-iconic Internet company in July 2012. Yahoo is keen on fast-growing Tumblr because its younger user base would bolster the...
06:55 AM, May 20, 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, 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...
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
