Whether using LinkedIn, Ushi or Tianji, MBA students can’t ignore the benefits of business networking sites
Category: Tech, Media & Telecom
Hewlett-Packard (HPQ.NYSE) is tapping into China’s engineering talent to develop global storage and networking products, as the computer maker prepares to open a research center in Beijing, Bloomberg reported. HP’s CEO Leo Apotheker said the company wants to utilize China’s R&D capabilities as it seeks to boost sales in other emerging markets. While the country’s […]
China’s biggest online video website Youku.com (YOKU.NASDAQ) on Tuesday started offering US video-on-demand services through a partnership with Warner Bros, Bloomberg reported. The pay-per-view service means that Youku – which has reported losses since its inception in December 2006 – will have an additional revenue source beyond advertising. Its three-year agreement with Warner Bros’ parent […]
China’s top search engine Baidu (BIDU.NASDAQ) announced Friday it will pay US$306 million for a majority stake in online travel platform Qunar.com Information Technology, the Wall Street Journal reported. The investment underscores Baidu’s efforts to widen its product offerings, with acquisitions in online video and e-commerce ventures, in order to compete with other expanding Chinese […]
Chinese social networking site Renren (RENN.NYSE) reported a narrower net loss after revenue rose 47% year-on-year to US$20.6 million in the first quarter, the first period for which Renren reported results as a US-listed company, the Wall Street Journal reported. The company’s net loss shrank to US$2.6 million, or 4 cents per American depositary share […]