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Business News on June 17, 2012


G20 to focus on global economic growth
Global economic recovery and growth will be the most pressing topic at the upcoming Group of 20 (G20) summit in the Mexican city of Los Cabos. ANI

Facebook blames Nasdaq stock-glitches for IPO crash
Social networking site Facebook has said trading problems at the Nasdaq Stock Market is resposnsible for a sharp drop in the company's stock price after its initial public offering. ANI

Apple to get share of advertising revenue generated by Baidu searches
Software giant Apple will be getting a share of advertising revenue, generated by searches using China's Baidu service. ANI

India's Piramal Healthcare in talks to buy US-based Cambridge Major Laboratories for $200m
India's Piramal Healthcare Ltd. is in talks to buy U.S.-based contract drug maker Cambridge Major Laboratories for over 200 million dollars, a source has confirmed. ANI

SI2C 2012 Midyear Announcement
In early June, Taiwan Supra Integration and Incubation Center (SI2C) had their first new drug portfolio advisory group (NDPAG) meeting to discuss progress on the mapping and capability building of R and D drug discovery and development as well as review of opportunities and technologies proposed by the work group for full due diligence MarketWire

Verimatrix Secures Quickflix's Over-the-Top Streaming Movie Service
CommunicAsia -- Verimatrix, the specialist in securing and enhancing revenue for multi-screen digital TV services around the globe, today announced that Quickflix Limited is securing its over-the-top (OTT) video-on-demand (VoD) service with the Verimatrix Video Content Authority System (VCAS™) for Internet TV MarketWire

Future Reality to Resell Market-Leading Signiant Media File Movement Solutions in Australia
Signiant, the market leader in intelligent file movement software for the media and entertainment industry, announced today at BroadcastAsia2012 that Future Reality, a leading supplier of creative technology and services, will resell Signiant solutions to film, broadcast and post-production customers in Australia. MarketWire

Australian Telecom Company AAPT Selects Signiant for New End-to-End Media Connect Service
MarketWire

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