Shares of Wilmar International (WLIL.SI), the world’s largest listed palm oil firm, fell as much as 2.4% on Wednesday after it said it will invest around 889.2 million yuan ($175 million) in property joint ventures in China.
At 9:11 a.m., Wilmar shares were down 2.2% at $5.79 on a volume of 3.6 million shares.
Smartphone makers Samsung and HTC have entered patent licensing agreements with Intellectual Ventures, which should help both avoid patent suits in the future. – Smartphone makers HTC and Samsung
Electronics have taken steps to keep their energies focused on innovation and
not legal documents. In respective Nov. 23 statements, each announced that it
had entered into a long-term licensing agreement and strategic alliance with
Intellectual Ventures.
With…
Masroor Taale Siddiqui has been appointed independent non-ED wef Nov 19
Work experience: Partner, TCI Fund Management; MD, Canyon Partners; senior VP, Putnam Investments
Group managing director and CEO Sunny Verghese said Olam was eyeing 10,000 hectares of sugar plantations in Indonesia, Brazil or Africa to enable it to set up crushing plant with a yearly capacity of at least 2 million tonnes.
Google brought some interesting new products, services and APIs to bear at its Google I/O developer show May 19 and May 20. By now, most of the high-tech world has learned about Google TV and all of Google’s premier partners, Android 2.2 and its blazing-fast speed and Google’s Chrome Web Store, a bold take-off on Apple’s App Store and the Android Market. These heavy-hitting news items and a number of other announcements at I/O are detailed in this eWEEK slide show. – …
Jeffrey Safchik has been appointed ED wef May 7
Work experience: CFO/COO, K1 Ventures Ltd; MD/CFO, Greenstreet Partners, LP
Google’s Ventures arm refreshed its Website and put its 10 portfolio companies on display May 3. While some are Web services providers the likes of which we’ve become used to seeing Google acquire, a life sciences vendor and a car company are also among the chosen. Google expects to pump $100 million a year into such new companies in the hope of turning a profit. See what caught the Google Ventures team’s fancy in this eWEEK slide show.
– …
Google Ventures said it will invest $100 million per year into startups, angling to make a profit. The 10 startups in the Google Ventures portfolio include: Pixazza, which converts static images into interactive content; smart grid technology maker Silver Spring Networks; publishing tool VigLink; life sciences outfit Adimab; language learning platform English Central; analytics search engine Recorded Future; location-based mobile game specialist SCVNGR; ad network OpenCandy; car maker V-Vehicle; and mobile payment provider Cordura.
– Google’s Ventures arm
introduced its team and 10 portfolio companies May 3, vowing to pump $100
million per year into enterprising new companies in the hope of turning a
profit.
quot;Rather than looking for investments that would
simply be strategically useful to Google, we aim to invest in be…
k1 Ventures, a unit of Keppel Corporation, reported a net loss of $2.54 million for the first quarter of 2010 compared to a net profit of $638,000 a year ago.
Revenue fell 25% to $14.20 million. The decline in revenue was a result of a decrease in subsidiary, Helm Holding Corporation’s leasing revenue and interest income from fixed deposits, offset in part by the sale of investments.
Ow Chio Kiat has been appointed independent director wef Dec 1
Work experience: Executive chairman, Cougar Logistics Corp Ltd; executive chairman, Singapore Shipping Corp Ltd; executive chairman, Stamford Land Corp Ltd
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eBay settles lawsuits with Joltid and Joost in a $1.9 billion deal that gives Skype ownership over all software previously licensed from Joltid and paves the way for a group of investors to acquire the majority of the company. Joltid and Skype founders Niklas Zennström and Janus Friis, who had earlier tried to buy Skype back from eBay, will join the investor group, contributing Joltid software and making a capital investment in exchange for a 14 percent stake in Skype. Silver Lake and fellow investors Andreessen Horowitz and the Canada Pension Plan Investment Board will grab 56 percent of Skype, with eBay retaining the remaining 30 percent.
– The future of voice-over-IP service Skype looks bright again for its more
than 500 million users.
eBay Nov. 6 said it has settled lawsuits with Joltid and
Joost in a $1.9 billion deal that gives Skype ownership over all software
previously licensed from Joltid and paves the way for a group of in…
Google is bringing its Going Google advertising initiative for Google Apps to train stations, airports, and print and online publications in the U.S., as well as in Australia, Canada, France, Japan, Singapore and the U.K. The expansion of Going Google comes days after Google CEO Eric Schmidt said he had green-lit the enterprise team for aggressive expansion into 2010, which could include some acquisitions of technology and talent in addition to the organic growth of the talent pool.
– Google Oct. 18 said it is expanding its Going Google advertising initiative for Google Apps, bringing its collaboration software message to train stations, airports, and print and online publications in the United States, as well as in Australia, Canada, France, Japan, Singapore and the United Kingd…
India’s Reliance group has pledged 325 million dollars financing to Hollywood director Steven Spielberg and made production agreements with George Clooney and Julia Roberts’ production houses, according to reports.
Indo-Americans have welcomed this Hollywood-Bollywood tie-up.
Indo-American community leader Rajan Zed said that they hoped that films being very effective communication tool world over, this collaboration [...]
