Business news

Baidu profit up 27 percent as mobile grows

Chinese search engine Baidu Inc. said Thursday its quarterly profit rose 27 percent as user traffic for its mobile operation surpassed passed its desktop computer-based search business.

dateOct 30, 2014 in Business
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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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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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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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