NQ Mobile Inc of China aimed to hire US tech talents through a corporate structure that includes two CEOs in two separate headquarters.
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Danone acquires YoCrunch
French food company Danone announced its acquisition of YoCrunch for an undisclosed amount. France-based food company Danone SA acquired YoCrunch. The deal enabled Danone to strengthen its foothold in the yoghurt market in the US.
Norway's sovereign wealth fund increases equity holdings share
The sovereign wealth fund of Norway said it increased its share of equity holdings from 62.4% to 63.4%.
Industry observers split over Wells Fargo's Amex-issued cards
Wells Fargo will release credit cards issued on American Express in 2014. However, industry observers see this as a potential move to rise above competition.
BlackBerry considers going private - sources
Several sources said that BlackBerry is currently considering the possibility of taking the company private.
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The Croatian government issued an invitation for all interested bidders who are interested to acquire Hrvatska Postanska Banka, a state-owned local bank.
Sony Corp.'s hedge for its PlayStation game enterprise has backfired as dollar costs rise. The strategy of Sony Corp. that shielded its PlayStation game enterprise from a strengthening yen has backfired.
Tumblr founder David Karp gets US$110 million to remain in the company for the next four years. On Thursday, a regulatory filing revealed a US$110 million retention payment of Yahoo to David Karp, Tumblr's founder.
GDF Suez announced that it will be buying Balfour Beatty Workplace by the end of the year for less than GBP 190 million.
NHN, a South Korean internet corporation, split because of the growing rivalry of founders in terms of their individual mobile messenger enterprises.
Ford Sollers said it will be reducing production of compact cars made in its Vsevolozhsk plant. Ford Sollers announced that it is slated to reduce production in its Vsevolozhsk plant located near St.
America Movil offered to buy KPN's E-Plus for EUR 7.2 billion or USD 9.6 billion, a move that rivaled Spain Telefonica's bid made last month.
Chief Executive Officer of Commerzbank Martin Blessing said he is staying at the helm until the bank is successfully reorganized.
T-Mobile disclosed that the iPhones from Apple generated 29% of the carrier's total sales during the second quarter.
