News tagged with private firms

Permira buys Ancestry.com for $1.6 bn

European private equity group Permira will take over the popular Nasdaq-listed genealogy website Ancestry.com for $1.6 billion in cash, Permira announced on Monday.

dateOct 22, 2012 in Business
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Japan's once-mighty tech industry has flagged

In the 1980s, Sony co-founder Akio Morita fired a verbal missile across the Pacific at Silicon Valley: Japan's supremacy in business and technology would overwhelm U.S. competitors and lead to America's decline.

dateOct 19, 2012 in Business
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Zuckerberg's China trip sparks Facebook frenzy

The sight of a vacationing Mark Zuckerberg in Shanghai has sparked a frenzy of online speculation over the possibility Facebook might return to China, even though the site remains firmly blocked.

dateMar 28, 2012 in Internet
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