Yahoo Ad Partner Media.net Sells to China Group for $900 Million

A group of Chinese investors said it is acquiring ad-tech startup Media.net for about $900 million in cash, with plans to eventually sell the company to an obscure telecommunications firm whose shares have been suspended from trading since last year. Media.net, which is based in Dubai and New York, is touting this as the third-largest ad-tech acquisition in history. Technology…

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Bangladesh: Toxic gas leaked sickens 250

Dhaka: officials said on Tuesday, toxic gas leaked from fertilizer plant in Chittagong city of Bangladesh, about 250 people, including children, have fallen sick and hundreds of residents have been evacuated from their homes. Di-ammonium phosphate (DPA) leaked from the DAP Fertilizers Company Limited the bank of Karnaphuli River last night and firefighter was struggling…

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Indian-origin former President of Singapore passed away

SINGAPORE: On Monday, S R Nathan, Indian-origin former President of Singapore died at a hospital suffered from a stroke. 92-year-old Nathan, a veteran servant passed peacefully at Singapore General Hospital, the Prime Minister’s Office said in a statement. He was closely associated with Lee Kuan Yew, country’s founding leader. The statement said, “the prime minister…

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Obamas wrapped up his final summer trip with family

WASHINGTON: On Sunday, President Barack Obama has been wrapped his final summer family trip to Martha’s Vineyard, prepare for a busy final few months at the White House. The president was playing final round of golf under a near cloudless sky before rolling out in his motorcade with first lady Michelle Obama and daughters Sasha…

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