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RIM Thrashes Amazon’s Buyout Offer: Stay Optimistic Towards Future Growth

Really, it might surprise to anyone that Amazon hired an investment bank this summer only to explore the possibility of RIM buyout. The company went through the serious discussion with the bank for its potential merger with the smartphone and tablet manufacturer—RIM. Although, they didn't make any official remark over possible takeover but the report has been confirmed from...

MySpace Got Sold to Specific Media at Mere $35 Million

At last News Corp managed to divorce MySpace after long locking and popping. On Wednesday, the company has announced that Online Advertising Firm “Specific Media” has acquired Myspace at just $35 million – yes no typo error. Earlier in February this year, it was reported that Myspace is up to grab and New Corp, who bought Myspace in 2005 by...

MakeMyTrip Acquires S’pore-based Travel Firm For $3 Million

Leader in Indian Online Travel agency business, MakeMyTrip.com (MMT) has acquired a 79 per cent stake in Singapore-based travel agency Luxury Tours & Travels Pte Ltd (LTT) for $3 million.MMT will invest another $0.75 mn in the company, in one or more tranches until June 2012, for the subscription of new equity shares to be issued by LTT.Further, MakeMyTrip...

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YouTube Should Have Bid Adieu To Dislike Button Much Earlier?

Online video sharing platform YouTube can be a ruthless place for content creators targeted by 'dislike mobs'. And the site owners totally understand that...

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