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If you have a personal computer you’re not using, donate it and help a needy household, The Straits Times reports. The Infocomm Development Authority of Singapore (IDA) hopes to refurbish another 10,000 PCs in the next 1 and a half years and give them to needy families. Old Pentium PCs can be donated towards this good cause instead of being thrown away, Prime Minister Goh Chok Tong said last night when he launched Marine Parade’s e-Club @ Marine Parade, an information-technology and Internet club at the void deck of Block 35, Marine Crescent. PC ownership among lower-income families is still low, he said, although six out of 10 households in Singapore own personal computers.Half of these households have the Internet access that puts Singapore ahead of such developed economies as Australia, Taiwan, United States and Hong Kong. Among families with a household income of less than $ 2,000 a month, he said, only three out of 10 own a computer, according to an Infocomm Household Survey last year. Baaze.com acquisition Baazee.com, one of India’s leading
e-commerce site, has acquired the Indian operations of Bidorbuy.com
Inc., in an all-stock transaction. Through this transaction, Baazee.com
acquires all assets of the Indian operations of Bidorbuy.com without
significant dilution of equity for existing investors. To manage the
growth in business Baazee will absorb key Bidorbuyindia personnel,
including CEO John Clegg. Commenting on the acquisition, Mr. Avnish
Bajaj, co-founder baazee.com said: "Online auctions model has
proven to be the most scalable and profitable business model globally.
We are now seeing this in India. By merging the top two players in
India, we are convinced that the unified entity will harness significant
operational synergies and accelerate business progress." |