Facebook shares hit record adding $2.4B to Zuckerberg fortune in 15 minutes on earnings bonanza

Facebook Inc. shares rose to a record after the company notched another quarter of revenue that beat estimates, thanks to stepped-up mobile-advertising efforts. The stock rose 4.8 per cent to US$108.94 at 10:29 a.m. Thursday in New York. The shares reached as high as US$110.65, their intraday record since going public in May 2012. The gain gave Facebook a market value […]

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Zivame appoints Shaleen Sinha as COO

Online lingerie retailer Zivame has appointed Shaleen Sinha as its chief operating officer to drive e-commerce, nearly two months after it secured $40 million in funding. “We seek to create one of the most consumer-centric companies by building a stronger technology and data-oriented company and by building an employee-centric organization,” Sinha told ET. Sinha was vice president, the chairman’s office […]

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Zephyr Real Estate’s Expansion Spurs New Web Address

For many years, Zephyr Real Estate has utilized a website name that emphasized their position as San Francisco’s leading independent real estate firm. Recently, however, Zephyr has been expanding beyond San Francisco, and a new web address was needed to reflect that growth. The new site address is www.ZephyrRE.com. Earlier this year, Zephyr opened its brand new Marin office in […]

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Housing.com appoints Nikhil Rungta as marketing head

Housing.com has appointed Nikhil Rungta as its chief marketing officer (CMO) as part of the strategy to strengthen top management team. “Prior to Housing.com, Nikhil was the senior vice president – marketing at Reliance Jio, and he was the first CMO for Google in India, where he held that position for four years,” the SoftBank-backed realty portal said. Rungta, with […]

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Benetton’s Sanjeev Mohanty is Jabong CEO

Fashion focused e-tailer Jabong has appointed former Benetton India MD Sanjeev Mohanty as its chief executive officer (CEO) and managing director (MD), effective early December 2015. With his appointment, perhaps for the first time, Indian e-commerce would witness a chief executive from a traditional retailer heading an online venture in India. Jabong has been making headlines owing to multiple reasons, […]

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