Ad: Manage updates with the Download App
ie8 fix

naspers

Apple, overseas firms lead in value creation

Tech, media, and telecom companies in emerging markets and those considered "digital innovators" are among the world's tops in providing value to their investors, according to a new study from the Boston Consulting Group.

Out today, the report "Swimming Against the Tide: How Technology, Media, and Telecommunications Companies Can Prosper in the New Economic Reality" found that seven of the top 10 telecom performers, five of the top 10 media performers, and four of the top 10 technology performers are in India, Taiwan, Mexico, China, and other emerging markets. But global companies tuned into the … Read more

Facebook's Russian investor gets $388 million infusion

AllThingsD

Naspers, a South African international media group, says one of its subsidiaries is taking a nearly 30 percent stake in Digital Sky Technologies.

Russia-based DST has made a splash in Silicon Valley by investing massive gobs of money in high-profile, social-focused U.S. Internet companies, such as Facebook, Groupon, and Zynga.

Both Naspers and DST are already close, as co-owners of Mail.ru, a large Russian Web firm with e-mail, social-networking, gaming, and entertainment businesses.

Naspers said it will be contributing its 39.3 percent stake in Mail.ru into DST, as well as investing $388 million in cash in … Read more