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Baidu announced USD 3 bln internet investment fund

2016-10-12 10:35:00| Telecompaper Headlines

(Telecompaper) Baidu has set up a new CNY 20 billion (USD 3 billion) internet investment fund, Reuters reported, citing a company statement on its official WeChat mobile messaging account. The Baidu Capital fund will make sure the company remains relevant in the smartphone era and beyond.

Tags: internet investment usd fund

 

Will Zuckerbergs third-world internet come to North America?

2016-10-11 21:46:57| Extremetech

You thought people were upset about Internet.org when it was confined to the far side of world? Just wait until the concept hits here in the West.

Tags: internet north america thirdworld

 
 

Report: Facebook Wants to Expand 'Free Basics' Internet Service to US

2016-10-07 19:03:00| PC Magazine Software Product Guide

The social network is reportedly in talks with government officials and wireless carriers.

Tags: us free service internet

 

AT&T Gigabit Internet Coming to 11 More US Regions

2016-10-06 19:03:05| PC Magazine Software Product Guide

Previously known as U-verse with AT&T GigaPower, the ISP's gigabit service will be rebranded as AT&T Fiber.

Tags: us internet coming regions

 

DT, United Internet to bid for Host Europe - report

2016-10-06 09:08:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom and United Internet are preparing rival bids for German web hosting provider Host Europe Group (HEG) ahead of a 10 Octoberdeadline for non-binding offers, sources involved in the process told Reuters. HEG, one of Europe's largest independent web hosting firms, was put up for sale by private equity firm Cinven before the summer but the process was shelved for a time due to market volatility resulting from Britain's vote to leave the EU. Cinven has now resumed efforts to sell the web hosting firm, which is valued at about EUR 1.5 billion. It wants to receive indicative offers next week, and is hoping to sign a deal before Christmas, the report said.

Tags: internet report united europe

 

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