Corporate
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Blackstone to acquire TeamHealth Holdings for $6.1 billion
Oct 31, 2016News Hour: TeamHealth Holdings Inc on Monday said private equity firm Blackstone Group LP would buy it for $6.1 billion, in a deal meant to help the U.S. hospital staffing company better cope with pricing pressure... -
Alibaba to form new digital media group with 10 billion yuan fund
Oct 31, 2016News Hour: In a major reorganization of the company’s entertainment assets, Alibaba Holdings Group Ltd. has announced the formation of a new digital media group along with plans for a 10 billion yuan ($1.48 billion) fund... -
CenturyLink Inc to buy Level 3 Communications Inc for about $24 billion
Oct 31, 2016News Hour: Telecommunications company CenturyLink Inc said it would buy Level 3 Communications Inc in a cash-and-stock deal with an equity value of about $24 billion to expand its fiber optic network and high-speed data services... -
Toyota to invest in U.S. car-sharing company Getaround
Oct 29, 2016News Hour: Toyota Motor Corp on Friday said it has invested in U.S. car-sharing company Getaround, a move that comes as global automakers seek to shore up their presence in new technology sectors amid growing competition... -
Huawei announces exciting offers on smartphones in Bangladesh
Oct 27, 2016News Hour: Huawei, world’s second largest android smartphone brand, has brought exciting offers for its customers. Huawei is offering a selfie stick with every P9 Lite, GR5 and GR5 Mini. Also customers will get bundle offer... -
Grameenphone launches digital wallet, GPAY in Bangladesh
Oct 27, 2016News Hour: To make the lives of its customers easier, Grameenphone Ltd. has re-launched it’s wallet service with a new brand name ‘GPAY’ – a digitized and smart way to avail GP’s existing range of payment... -
Britain fined Vodafone a record 4.6 million pounds customer failures
Oct 26, 2016News Hour: Britain has fined Vodafone a record 4.6 million pounds ($5.60 million) for “serious and sustained” customer failures, including not updating accounts when mobile phone users topped up their credit to make calls. Vodafone, the... -
GrubHub Inc reported a better-than-expected quarterly revenue as orders increase
Oct 26, 2016News Hour: Online food order and delivery company GrubHub Inc reported a better-than-expected quarterly revenue, as more diners used its services to place orders. The company, which has a delivery network spread across 1,100 U.S. cities... -
Microsoft announced free update to Windows with 3D features
Oct 26, 2016News Hour: Microsoft Corp on Wednesday announced a free update to its Windows operating system that lets users take photos and edit content in three dimensions, in a bid to raise excitement for its declining computing... -
India’s Ola makes partnership with BMW to strengthen its luxury mobility segment
Oct 24, 2016News Hour: Indian ride-sharing service Ola has partnered with German carmaker BMW to strengthen its luxury mobility segment, the app-based taxi aggregator said on Monday. The tie-up will allow Ola cab operators to avail cheaper credit...
