PBOC injects CNY 17 billion (USD 2.7 billion) in local market to ease credit crunch

China's central bank infused its local money markets with CNY 17 billion (USD 2.7 billion) and eased concern over a repeat of last month's credit squeeze.


Wendy’s plans to sell restaurants to franchise operators

Wendy's planned to cut down the total number of company-operated stores by selling 425 restaurant units to well-capitalized franchisees.

Student filmmakers explore Google Glass

Google asked the help of student filmmakers to explore Google Glass. Google enlisted the help of film students to explore how Google Glass can be used to make documentary films, character development, location-based storytelling as well as "other things" the company has not yet considered.

Video Semantics provides rich tags for YouTube users

Video Semantics will provide rich tags for YouTube users through its tagging engine. Video Semantics, through its mediaTag tagging engine, will allow content producers to automatically insert rich metadata into their YouTube hosted videos.


Latest News

Today, NPC International announced completing its purchase deal of 13 Wendy's restaurants priced at US$11 million.
JPMorgan reissued overweight rating for Facebook shares as per a research report released Thursday. JPMorgan Chase & Co. reissued an overweight rating for Facebook shares, according to a research report released Thursday.
Dan Morris of Facebook will discuss mobile gaming at the Casual Connect conference. A Casual Connect conference will be held in San Francisco this week.
Agios Pharmaceuticals Inc. announced today the completion of its initial public offering valued at US$18 per piece of its shares of common stock.
Facebook can make more money by offering to remove Newsfeed ads for a monthly fee, according to Greenlight.
IBM issued US$2.15 billion worth of bonds with two ten-year offerings. The biggest computer services provider, International Business Machine Corp. , was able to raise US$2.
Manu Rekhi of Inventus Capital Partners wrote that there is a shift in Indian companies and venture class returns.
Carl Icahn contested the conditions in Michael Dell's latest offer to the PC maker Dell Inc. On Monday, billionaire investor Carl Icahn and Southeastern Asset Management, an investment firm, stated that Michael Dell wanted to avoid the voting process behind the deal.
Sony would team up with Panasonic to make the newest installment optical drive storage. Today, Sony announced that it would partner with Panasonic to make the newest installment optical drive storage.
Coro Realty Advisors in a joint venture with Harbour Retail Partners acquires Rivoli Crossing. Coro Realty Advisors, LLC revealed that it had acquired Rivoli Crossing in joint venture partnership with Harbour Retail Partners.