Reuters – Alibaba Holdings Inc gave investors a closer look at the scale and growth of the Chinese e-commerce juggernaut in an IPO prospectus filed May 6 in the first step of what could become the largest technology debut in history. Alibaba, which powers four-fifths of all online commerce conducted in the world's second-largest economy, is expected to raise upward of $15 billion and potentially surpass the $16 billion that Facebook Inc managed in 2012. It will become the … [Read more...] about Alibaba embarks on U.S. IPO journey
Facebook to acquire WhatsApp
Menlo Park, California – Facebook announced on February 19 that it has reached a definitive agreement to acquire WhatsApp, a rapidly growing cross-platform mobile messaging company, for a total of approximately US$16 billion, including US$4 billion in cash and approximately US$12 billion worth of Facebook shares. The agreement also provides for an additional US$3 billion in restricted stock units to be granted to WhatsApp’s founders and employees that will vest over four years … [Read more...] about Facebook to acquire WhatsApp
BREAKING: Public protest initiated in aftermath of HKTV’s FTA licence rejection
More than 7,000 people have pledged online their support for and presence at the public protest against the Hong Kong government's decision not to award HKTV a free-to-air licence. The two Facebook posts invite supporters of the network to join in on either of two protest routes on Sunday, October 20, 2013. The first requests supporters to assemble at Central Pier 9, dressed in black, and the second parade calls for support at East Point Road. There is no indication that either of … [Read more...] about BREAKING: Public protest initiated in aftermath of HKTV’s FTA licence rejection
Nielsen announces mobile app chart toppers in Southeast Asia
Singapore - Facebook has topped a ranking of smartphone apps in Southeast Asia released by Nielsen. The Southeast Asia Top 10 Smartphone Apps ranking, based on Nielsen Informate Mobile Insights and covering Indonesia, Malaysia, Philippines and Thailand, combines app penetration with average time spent per month to gauge the region’s most engaging apps. Facebook ranked as the most engaging smartphone app in three of the four markets (Indonesia, Malaysia and Philippines) and was ranked … [Read more...] about Nielsen announces mobile app chart toppers in Southeast Asia
“Driving Change” scores at the Singapore Media Awards
Driving Change in Thailand Singapore – Driving Change, the 360-degree CSR series produced by activeTV Asia and media agency MEC, was honoured at the Singapore Media Awards.The first-of-its-kind reality production saw TV personality Henry Golding travel to five cities in Asia in an attempt to fulfil a series of tasks that would aid local communities. The catch; he only had three days to pull off each challenge and had to tap into the power of social media to recruit assistance and … [Read more...] about “Driving Change” scores at the Singapore Media Awards
MIPCOM: Facebook’s Dan Rose to keynote
Dan Rose Paris – MIPCOM has announced that Facebook’s Vice President, Partnerships, Dan Rose will give a keynote address on October 7, 2013 as part of MIPCOM’s Media Mastermind Keynote Series. Each night in the U.S., between 88 and 100 million people visit Facebook and many of them are talking about TV. As more and more people turn to social media to discuss what they are watching on TV – including more than one billion monthly active users on Facebook – … [Read more...] about MIPCOM: Facebook’s Dan Rose to keynote
