Baidu to Pay $1.9 Billion for acquiring major App Store developer


  China’s biggest Internet search engine company Baidu has said on Tuesday that it has reached a preliminary agreement with 91 Wireless, a major developer of app stores in China to acquire them for $1.9 billion. Source: NYtimes

US regains top spot in confidence survey on FDI, beats China


US regain top spot as the top executive’s choice for FDI after a gap of 12 years. The reason behind this win for US is considered to have been its recourse towards sustainable and stable economic development in comparison to China. The United States was on fourth place in the same survey conducted in 2012. TheContinue reading “US regains top spot in confidence survey on FDI, beats China”