Microsoft Corp. has acquired Navic Networks, a Waltham (Massachusetts)- based company that specializes in emerging forms of TV advertising technology for an undisclosed amount. This deal is the latest step by Microsoft to turn itself into a one-stop shop for digital advertising. Microsoft's biggest deal in the advertising market was a $6 billion acquisition of Seattle-based aQuantive a last year.
Sunday, February 19, 2012
Saturday, February 18, 2012
BRIC nations set for mobile boom
According to a report by eMarketers, India along with other BRIC countries like Brazil, Russia and China is likely to become home to over 1.7 billion users by 2012. India is likely to have 560 million mobile users, while China is expected to top the chart with 800 million. India would be followed by Russia with 189 million users and Brazil at 176 million. Currently India has over 270 million mobile users.
Tuesday, January 31, 2012
Iran alienates Israel and International business partner
According to state media sources, Iran tested nine of its long and medium range missiles in July which are capable of reaching bases in Israel and the US. These activities aggravated the prevailing tension between Iran and Israel over the former's nuclear program which, according to sources in Tehran, is not for developing weapons but for electricity. The US has condemned Iran for its latest weapons-testing. Following Iran's testing of missiles, the French energy giant Total has pulled out of its earlier plans of a gas deal with Iran, claiming the investment to be risky. The firm had planned to develop gas fields in the south of the country earlier. This will be a major blow to Iran's energy industry.
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