Business news

Singapore's outsourcing aspirations

When First Data Corp., the U.S.-based global back-office service provider of electronic commerce and payment systems, decided to establish a regional hub for its South and Southeast Asian operation last year, it choose Singapore ...

dateMay 08, 2006 in Business
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Time Warner Cable gets in new deal

(AP) -- Time Warner Cable Inc. customers will finally get access to the sports website, even if they are not subscribers of the company's Internet service, according to a long-term deal with The Walt Disney Co. ...

dateSep 03, 2010 in Business
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Myspace purchase a 'huge mistake': Murdoch

News Corp's purchase of Myspace was a "huge mistake" and the social network was mismanaged "in every possible way" following the acquisition, chief executive Rupert Murdoch said Friday.

dateOct 21, 2011 in Business
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Go Daddy, an Internet domain registrar, is sold

(AP) -- The parent company of, a top registrar of Internet domain names, has been sold to a group of private investment firms for $2.25 billion, a person familiar with the transaction told The Associated Press.

dateJul 02, 2011 in Business
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Study: There Is No Shortage of U.S. Engineers

A new study argues that the offshoring of U.S. jobs is caused by cost savings and not a shortage of U.S. engineers or better education in China. However, the study warns that the United States is losing its global edge.

dateApr 05, 2007 in Business
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Intel opens biggest ever chip plant in Vietnam

US-based chip maker Intel on Friday opened a billion-dollar plant in Vietnam, the company's biggest in the world, expected to create thousands of skilled jobs as the nation moves from low to hi-tech.

dateOct 29, 2010 in Business
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