| Emirates ready to sell SL Airlines’ stake
COLOMBO: Emirates Airlines Sunday announced it was willing to sell all or part of its near 44% stake in Sri Lanka�s national carrier after terminating its management contract with the carrier.
�We would be interested in selling part or all of it (...) if people would be interested in buying� after March, when its 10-year management contract runs out, Emirates president Tim Clark told AFP in Dubai. He valued Emirates� stake in SriLankan Airlines at �$150 million�.
�Emirates will retain its 43.6% equity in the company for the time-being, and continue to have a board presence,� he said. Clark�s statement came amid worsening relations between Emirates Airlines and Colombo.
The Dubai-based airline announced earlier in a statement it would cease to run SriLankan Airlines from April 1, with the imminent ending of a decade-long contract.
eQuest and Taleo Join Forces to Allow SMBs to Source for Talent
SAN RAMON, Calif., Oct. 23 /PRNewswire/ -- eQuest, the world's leading supplier of domestic and international job-posting delivery services including worldwide job board management representation, today announced it has signed an agreement with Taleo Corporation to provide a suite of online technology sourcing tools through Smart Sourcing for Taleo Business Edition. Taleo's Smart Sourcing offering will provide small and medium-sized businesses (SMBs) with a sophisticated set of tools to help level the playing field in the war for talent. The new offering streamlines the sourcing workflow, provides predictive analytics on the immediate state of the local job market, and facilitates active and passive sourcing. The suite of eQuest products includes Prophesy(TM), Advantage(TM) and FreeBug(TM).
Floodwaters Begin to Recede in Nev. Town
In the San Bernardino Mountains 75 miles east of Los Angeles, rescuers on foot and using snowmobiles and a helicopter searched Monday for a 62-year-old man who went hiking Friday just before the storm struck. Up to 3 feet of snow accumulated in the area, said San Bernardino County sheriff's spokeswoman Arden Wiltshire. The storm was blamed in the deaths of a woman who drove onto a flooded road in Chino, Calif., a man struck by a falling branch near Sacramento, Calif., and a woman whose car was crushed by a wind-toppled tree in Oregon. In Utah, authorities said Monday their investigation determined that weather did not appear to be a factor in the crash of a chartered bus that killed eight people. An estimated 100,000 homes and businesses in northern and central California were still without power Monday.
A Finger on the Pulse of the Mobile Dev Community
Pulse requires an agent be downloaded to an Eclipse Rich Client Platform. The services put Genuitec squarely in the "value as a service" provider role to many types of developers. As we know, developers rely on communities as focal points for knowledge, news, updates, shared experience, code and other online services. Free Report from Keynote Systems 2007 Trends and Observations of the Mobile and Connected World examines how technologies, from the Web to the mobile phone, are specifically impacting key vertical industries, from financial services to new media. Download yours here. .
Viant Acquires Texas True Choice
NAPERVILLE, Ill., Oct. 1 /PRNewswire/ -- Viant Holdings, Inc., a leader in healthcare payment and cost management solutions, today announced that it acquired Texas True Choice, Inc. for $54 million, consisting of $44 million in cash consideration and shares of Viant Holdings, Inc. common stock. The acquisition will expand Viant's PPO network offerings in the group health market and enhance its existing lines of services to the nation's leading health plans, insurers and third-party administrators. Founded in 1996, Texas True Choice, headquartered in Plano, Texas, is a highly respected Preferred Provider Organization (PPO) with over 350 acute care hospitals and 36,000 physicians in their network, providing access to over 2,100 employers representing 820,000 members statewide.
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