China’s high-flying Internet stocks are about to get a major addition when B2B marketplace Alibaba goes public on November 6. The IPO is on track to raise $1.5 billion for the Chinese Internet company, according to Bloomberg. That would make it the second-biggest Internet IPO ever, after Google’s $1.9 billion offering in 2004. [Techcrunch]
Just […]
BBC wrote an interesting article ‘15 reasons Facebook may be worth $15bn’ following Microsoft stakes buying of the social network side which valued it with a market worth of $15bn…
I like their last point actually…
Facebook is worth $15bn only because Microsoft says so. The value of Facebook is based on a 1.6% share of the […]
Microsoft has paid $240m for a 1.6% stake in Facebook that values the hugely popular social networking site at $15bn.
Facebook spurned an offer from Microsoft’s rival Google, which was also keen to invest the site.
Microsoft will also sell internet ads for Facebook outside the United States as part of the deal that took several weeks […]
100 favourite blogs according to PC Magazine’s staff; check it out…
http://www.pcmag.com/article2/0,2704,2192058,00.asp
TOP 100 Make Money Online Blogs by 45n5.com
Informative, and a masterpiece of linkbait material.
I always have questions about DMOZ editors’ preferences; I have a feeling that some of the editors of a specific niche are running some websites and thus doing their best to reject or eliminate its competitors to be listed by DMOZ.
I didn’t expect their editor would resort to distortion for some quick bucks though… read […]
Google is looking to acquire “one or two Chinese internet companies” and will invest in five in the next 12 months as part of a continued push to increase market share in the worlds fastest growing internet market. [Techcrunch]
Seems like a few Chinese will be getting really rich in coming months.
A coalition of Japanese television, music and film companies slammed YouTube Thursday, saying the online video sharing service was not doing enough to rid the site of cartoons and other clips that infringe on copyrights.
The group also expressed skepticism over an automatic video recognition and purging system being developed by YouTube parent Google Inc., questioning […]