The financial industry is based upon quick decisions and reactions. On the stock market, traders must make decisions in an instant that affect the bank balance of them and thousands of others. So how do they get their information? Traditionally, old media and personal connections would have been the … [Read more...]
Bank strike news in India gains Facebook exposure
The bank strike in India is getting a lot of Facebook exposure at the moment, the latest news reports that eight lakh bank employees started the nationwide strike because they are seeking a new wage agreement. Since the Private, foreign and public sector banks went on strike under the umbrella of … [Read more...]
AT&T Surprised at Decision to Block T-Mobile Merger: Your Thoughts?
Regular OSM readers may remember that back in March we brought you news of AT&T’s intention to buy T-Mobile in a deal worth around $39 billion, which would make AT&T the largest wireless provider in the U.S. We have further news on that intended merger today as the U.S. Justice Department … [Read more...]
Zynga IPO Deferred Due to Stock Market Unease
For some time now we’ve been bringing you news on Zynga, the social gaming experts, and its impending IPO. We told how a low-float IPO was the intention and then brought further news that Zynga was ready to file and also an infographic showing the company’s path to IPO. However, it seems that Zynga … [Read more...]
Steve Jobs Resignation & Apple Impact: What About Stock?
Many of you will still be reeling from the news that Steve Jobs has resigned his post as CEO of Apple, handing over the reins to Tim Cook. Health concerns have been ongoing for Mr. Jobs for some time and sadly he considers that it’s now time to pass on the mantle to somebody more fit for the job, … [Read more...]
Skype Acquisition of GroupMe: Expected to Close on Monday
There’s big news today in the group messaging service sector as we have heard of the Skype acquisition of GroupMe, a service that is only one-year-old. So far terms haven’t been revealed but apparently talks have been ongoing for several months while Microsoft was also in negotiations to get hold of … [Read more...]
Latest Apple Valuation of $317.6 Billion: Exceeds That of Wintel
It’s an enormous day for Apple today as WWDC 2011 kicks off. We’ve already given you an idea what we expect from Steve Jobs’ keynote speech and details of live streaming. Also earlier today we told how Steve Jobs’ biography is now available to pre-order on Amazon. Now in an action-packed few days … [Read more...]
Zynga IPO Filing Imminent: Will Trump LinkedIn
We recently told how LinkedIn, the social network aimed at professionals, had undertaken its IPO (initial public offering) and was worth $8.9 billion after the first day of trading as a public company. Now it appears that social gaming specialist Zynga is also heading for an IPO and will certainly … [Read more...]
Facebook, Google & Skype: Talks to Purchase or Tie-Up
Big news today is that well-known tech name, Google and social networking giant Facebook, are both in talks to buy or tie-up with Skype, the web video conferencing service. Mark Zuckerberg, Facebook CEO has reportedly been involved in moves to purchase or tie-up with Skype and Google has also … [Read more...]
Amazon Business Expanding: Going After Massive Growth
It seems that despite first quarter earnings showing decreased income for Amazon, business is expanding and this appears to be the time that the company is going after massive growth. Sales were up by 38% although income was down, largely due to the expenditure involved in a hiring drive along with … [Read more...]
Steve Jobs iPad 2 Announcement & Video: Apple Shares Rise
Here at OSM we’re still buzzing about the launch yesterday of the Apple iPad 2. We’ve already brought you many articles on this including a comparison with other tablets, release date details, a hands-on look, and news of a white iPad 2 version. Now though, we want to focus on one of the major … [Read more...]
Pandora On The Path To IPO: Market heats up
It seems that Pandora, the Internet radio service, is the latest big name heading towards an IPO, after we recently reported similar news for Facebook. After IPO's for Skype and LinkedIn have also been speculated for this year we hear that Pandora has now registered with the Securities and Exchange … [Read more...]
Huffington Post goes to AOL for $315 million
There won’t be many of you who haven’t heard about The Huffington Post, the lifestyle and news website that has a huge amount of followers. There’s big news today as it seems that AOL is to acquire The Huffington Post at a cost of $315 million. … [Read more...]