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Alibaba pays all cash to acquire Youku Tudou
Alibaba announced that it had signed the agreement to acquire "China's YouTube" YouKu Tudou on November 6 Beijing Time. This deal will make Alibaba the leading entertainment and media company in China. The highlight of this deal is that Alibaba will pay all cash. When this acquisition is completed, shareholders from Youku Tudou can get cash with $27.60 per ADS. The board has approved this acquisition and they are asking the shareholders to vote to approve this deal. This deal is expected to be ...
Steve Ballmer will retire from Microsoft within one year
Microsoft today announced on its official website that CEO Steve Ballmer will retire from Microsoft with 12 months. But he will remain as the CEO until the successor is named. Steve Ballmer commented on his retirement as : There is never a perfect time for this type of transition, but now is the right time, We have embarked on a new strategy with a new organization and we have an amazing Senior Leadership Team. My original thoughts on timing would have had my retirement happen in the middle of...
Microsoft,CEO,Retirement 2013-08-23 08:34:10
Failed merge and acquisition cases in the Internet history
Bebo founder sold Bebo with 850 million US dollars in 2008, but later he bought it back with just 1 million US dollars. This news lets us think about those failed merge and acquisition cases in Internet history. Let's summarize some of them here. 1. Bebo Buyer : AOL Acquisition price : 650 million US dollars Sold price : 1 million US dollars Loss: 849 million US dollars In 2008, AOL was still belong to Time Warner. It made a decision to acquire the third largest social networking site Bebo, The...
Merge and acquisition,Loss,MySpace 2013-07-03 08:37:13
jQuery 2.0 will drop support for some IE6/7/8 oddities
jQuery official website releases its road map for the future jQuery development. This road map reveals that jQuery 1.8 will be released within a month and other consecutive versions will follow the following release plan:jQuery 1.9 (early 2013): many of the interfaces already deprecated in version 1.8 will be removed; some of them will be available as plugins or alternative APIs supported by the jQuery project. IE 6/7/8 will be supported as today.jQuery 1.9.x (ongoing in 2013 and beyond): This v...
jQuery 2.0,jQuery,IE support 2012-06-29 05:20:27
Twitter service down incidents summary
This Thursday, Twitter encountered a global service down incident. This is the second service down incident since last month. Later Twitter updated its website and stated that users might not be able to access Twitter temporarily.Twitter admitted the service down incident and explained that this time's service down was caused by problems of their both data centers.Ok, now lets summarize the service down incidents encountered by Twitter in past few years.in May 2008, Twitter's new engineer team w...
Twitter,Service down,History 2012-07-28 12:36:39
What should video website do besides buying copyright?
Several major video sites in China seem to be designed by the same team, they look the same from the main interface to advertising scheme. The question is whether video sites really do not need to improve their products and user experience in addition to smashing the money to buy the copyright to attract users, is there no other choice? After reading this article, perhaps we can somehow have different views.The Web 2.0 era's video siteIn Web 1.0 era, the main way for users to obtain information...
Video site, Copyright,User experience 2013-03-06 03:15:39
Microsoft is going to redesign Bing again
On 10 May,2012, Microsoft announces in San Francisco they will redesign its search engine Bing, and it will cooperate with Facebook, Twitter etc to build a new search service.Bing now is the second largest search engine in the world, but compared to Google, Bing is always the second city of search. Bing these years has always been putting effort on improving its service and the accuracy of search results. Unfortunately, it still cannot gain market share from Google. Today, Microsoft is goi...
Bing,Social network,Integration,Sidebar 2012-05-11 05:26:11
Foursquare : 20 million users and 2 billion check-ins
Yesterday was the Foursquare third annual 4sqDay celebration (Four - squared open four square, ie April 16), this mobile phone service site which is based on user location information confirmed that their users reached 20 million and there were two billion check-ins.Foursquare was founded in 2009 and it is a mobile phone service website based on the user location information .It encourages mobile phone users to share their current geographic location and other information with others. In co...
Fpoursquare,Check-in,4sqDay 2012-04-17 13:39:14
Google will not hold press release in China next week
There is an invitation form spreading around the Chinese internet community which states that Google will hold press release at 1 PM on December 18 (Beijing time). On this press release, Google will announce its return to China and Google China CEO Jony will explain its strategies in China after return. But soon Google China public relation representative said this was a rumor. There is no plan for Google to hold press release next week in China. And there are some apparent suspicious parts ape...
Twitter prosecuted five companies
Recently Twitter sought help from law enforcement agencies because they can not stand spam emails. On Thursday, Twitter prosecuted five separate companies which provide tools so that spam on Twitter can be spread easier.Twitter said in a statement, Twitter now has 140 million active users, and the number of users are still increasing quickly, as Twitter continues to grow, spam also began looking to come to. Although the content of the spam on Twitter is not the proportion, it still gave rise to ...
Twitter,Spam,Prosecution 2012-04-06 01:58:37
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