Yahoo might sell Zimbra in the near future
All Things Digital has reported that Yahoo is looking for a possible deal for their Zimbra unit.
They had acquired Zimbra in 2007 for around USD 350 million.
Looks like Zimbra could become the latest casualty of their trimming down process.
Reports are further claiming that Yahoo [...]
Toyota Corolla Altis CNG Edition in India!
Market sources say that the Japanese automaker Toyota is working on launching the CNG edition of their Corolla Altis in the Indian market.
Toyota Corolla Altis CNG could arrive as early as next month.
CNG has become a very popular alternate fuel in the Indian market.
One of the [...]
Honda Civic could soon get an update in India
Market sources are indicating that Honda India is now working on enhancing their Honda Civic model.
The company recently launched the new Honda City. Honda Accord has already seen an upgrade.
Honda Civic in its current version is the model which has not received any updates [...]
iLike could be acquired by MySpace
TechCrunch is reporting that MySpace is close to announcing that they are acquiring the web based service iLike.
This Seattle based music company has been acquired by the social networking giant for around USD 20 million.
This acquisition deal if true could become a PR headache for Facebook.
iLike is [...]
Mercedes Benz E-Class W212 coming soon to India
Mercedes Benz is all set to launch the latest edition of their popular E-Class model in the Indian market.
This new model is likely to be launched with a 3.5-litre, 24valve V6 direct injection petrol capable of delivering 292bhp.
This performance is not expected in the Indian [...]
Nikkei: Sony to invest massively in Sharp LCD Unit
Japanese business daily Nikkei has reported that consumer electronics giant Sony is planning to invest around a billion dollars in the LCD unit of Sharp.
Sony had announced last year that they were planning to acquire a 34 percent stake in the joint venture with Sharp.
The [...]
Yahoo might be looking for a buyer for HotJobs and Yahoo Small Business
Industry sources have reported that the US based internet media giant Yahoo is considering selling some of their web based assets.
HotJobs and Yahoo Small Business might soon be put on sale if we are to believe reports in the media.
The company [...]
Carl Icahn still wants a deal between Yahoo and Microsoft
Carl Icahn owns around 5% of Yahoo and he has expressed his support for a possible deal between Microsoft and Yahoo.
Industry sources have claimed that the two companies have begun talks once again for a possible deal on search related operations.
Yahoo and Microsoft [...]
Rumours: Volkswagen all set to acquire Porsche
Industry sources claim that Volkswagen is set to acquire all of Porsche in a deal that could be announced in the coming days.
German magazine Der Spiegel reported that the deal could be worth around 8 billion Euros.
This sale is expected to help Porsche get rid of most [...]
Microsoft-Yahoo once again in news
Yahoo and Microsoft are not yet accepting it but industry sources say that the two giants are back in discussions for a possible collaboration.
Microsoft is said to be still interested in the search operations of Yahoo.
The rumours in the market have helped boost Yahoo’s stock price at the share [...]
