Joe Malone’s Liberty Global Inc. announced that it will be acquiring Virgin Media Inc. in a $16 billion deal. According to the cable TV operator, it will be paying $5.9 billion in cash. The rest of the payment will be in stock for Virgin Media. The development will up the competition between Malone and fellow… Continue Reading
Microsoft has just released its newest version of Office; Office 365 Home Premium Edition. After using it for several days, Business Insider discussed the seven reasons everyone should purchase it. The first is that it is a good value. “Office 365 includes Word, Excel, PowerPoint, Access, Publisher, OneNote and Outlook. The Home Premium version costs… Continue Reading
Pasadena-based Avery Dennison Corp. recently announced that it will be selling two of its businesses to CCL Industries Inc. for $500 million in cash. The transaction comes only three months after 3M gave up on its plans to purchase Avery Dennison’s office and consumer products unit. The deal was abandoned because the U.S. Department of… Continue Reading
In a recent article for Forbes, entrepreneur Julia Pimsleur summarized some tips from the recent WEF3. Liz Neumark, keynote speaker at the event, offered “5 Seeds to Sprout Success.” Neumark, who started a small catering business back in 1979, has since been listed among New York’s top companies in the field. Pimsleur reveals Neumark’s five… Continue Reading
This Thursday, Fortescue Metals Group Ltd. announced a 32% jump in iron-ore monthly shipments. The increase is a result of improved steel demand from China. According to company reports, Fortescue shipped 19.6 million metric tons during the second quarter, up from 14.8 million during the previous year. The average price per ton was $111, while… Continue Reading
Yesterday, the Hong Kong Venture Capital and Private Equity Association hosted the Asia Private Equity Forum 2013 in cooperation with the Asian Financial Forum. Hundreds of guests attended the event, including major financial firms and investment companies like Oasis Investments Limited and LGT Capital Partners, a company that develops strategies for private equity and hedge funds.… Continue Reading
Paul Holshouser, Finance Policy Manager at American Wind Energy, was recently added to the list of speakers at the 12th Annual Wind Power Finance & Investment Summit. Launched by Infocast, the event will take place in San Diego this coming June. Mr. Holshouser will speak on the first day of the summit, on June 6th.… Continue Reading
The National Academy of Television Arts just granted Apple a Tech Emmy Award at CES 2013. The iPhone maker is one of the leading technology companies in the world. According to Forbes, Apple’s latest award is for an “eco-system for Real Time Presentation of TV Content to Mobile Devices without the use of Specialized Television… Continue Reading
Self-driving cars have attracted manufacturers other than Google; Toyota and Audi have both announced that they will reveal their concept cars at the upcoming Consumer Electronics Show in Las Vegas. Though neither car maker has revealed any details, IDG News Service has uncovered this quick preview of Toyota’s new technology. Continue Reading
Many financial firms are taking renewed interest in Asia thanks to its recovering economies. Morrison & Foerster, a leading Capital Markets firm in Asia, recently opened its fifth office in the region. The new Singapore branch will be headed by Eric Piesner, managing partner for Asia and head of the real estate practice for the… Continue Reading