person Archives - Elite Sites

India’s Snapdeal to raise $500 million from Alibaba, SoftBank, Foxconn: sources

August 3, 2015 publisher also-including, another-person, china, group-corp, indian, investors, person, recent-months, said-on-monday, snapdeal, source-did, startup, the-matter, trading

By Paul Carsten BEIJING (Reuters) – Indian online marketplace Snapdeal is set to raise $500 million from a group of foreign investors including China's Alibaba Group Holding Ltd, three people familiar with the matter said on Monday. The latest round of support, from investors also including SoftBank Group Corp and Foxconn, the trading name of Hon Hai Precision Industry Co Ltd, would value Snapdeal at more than $5 billion, another person said. The move is a show of faith from three of the world's biggest technology companies in fast-growing Snapdeal, which in October secured a $627 million investment from SoftBank, itself an early backer of Alibaba.

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Herbalife files petition to seek user information from Twitter

July 22, 2015 admin account-details, contains-not, filed-on-monday, herbalife, management-team, mission-district, only-defamatory, person, said-it-wants, the-petition, twitter-feed, user

The petition for “discovery before suit” seeks to identify the person against whom a lawsuit can be filed. Herbalife said it wants Twitter to provide information such as IP addresses and account details of the user who vilified the company and its management as “thieves, pill pushing frauds and bullies”

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Quake-hit Nepalis need information, not just food and water

May 1, 2015 creative billion-off-its, food-rations, from-others, its-website, kathmandu, linked, other-place, person, place, same-challenges, thomson-reuters

By Nita Bhalla NEW DELHI (Thomson Reuters Foundation) – There is probably no other place in the world right now where information – from the fate of your family members to where to get food and water – is more desperately needed than in the Nepal, devastated by a powerful earthquake six days ago. The 7.8 magnitude quake brought down thousands of buildings in the densely-populated Kathmandu Valley, which includes the capital, severely damaged telecommunications, tore apart roads and snapped bridges.