On Thursday, Shares of Facebook, Inc. (NASDAQ:FB), gained 1.70% to $91.98, after the social networking company stated new statistics from Nigeria and Kenya showing active monthly users, Reuters reports.
This is the company’s first time releasing data on the two African countries. In Nigeria there are 15 million active monthly users and in Kenya there are 4.5 million active monthly users.
Year-over-year users across all of Africa grew to 120 million this June from 100 million users in September, Reuters added.
Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.
Shares of Envivio, Inc. (NASDAQ:ENVI), skyrocketed 113.68% to $4.06, during its last trading session.
Ericsson (ERIC) declared its agreement to acquire Envivio (ENVI), by means of a tender offer for a price of USD 4.10 per share in cash, or about USD 125 million in the aggregate. The acquisition will strengthen Ericsson as a global innovator in enabling customers to deploy new technologies and agile video processing to innovate new services that engage TV consumers every day.
The acquisition will strengthen Ericsson`s video compression position, combining its leading position in broadcast and contribution with Envivio`s leadership in multiscreen cable and telecom. Envivio`s cloud-centric and software-based video capabilities will be a key addition to Ericsson`s extensive portfolio of media enrichment, processing, publishing, delivery, and TV platforms, enabling TV experiences on any device.
Envivio is a global leader in software-based video encoding with an installed base of over 400 TV service provider and content owner customers in all markets globally. Envivio generated revenues of USD 43 million during full year 2014 and is headquartered in San Francisco, CA. Envivio was founded in 2000 and has a staff of about 200 employees worldwide.
Tier one Envivio customers comprise Comcast, Cox Communications, Liberty Global, Sky, Telstra and Time Warner Cable. Envivio`s advanced software solutions for pay TV and TV Anywhere applications perform software-based video encoding/transcoding, processing, packaging and ad insertion. Envivio`s cloud-centric pure software video processing is available on Intel-based appliances or IT blade servers.
Envivio, Inc. provides software-based IP video processing and distribution solutions that enable the delivery of high-quality video to consumers worldwide. The company designs its solutions, based on its video compression and advanced IP video networking technologies, to enable service providers and content providers to offer high-quality video across various video formats, networks, consumer devices, and operating systems.
Finally, JetBlue Airways Corporation (NASDAQ:JBLU), ended its last trade with 2.01% gain, and closed at $25.38.
JetBlue Airways Corporation declared a multi-year partnership becoming the Official Airline Partner of the New England Patriots and Gillette Stadium. The five-year sponsorship kicks off with this season’s activities and an acknowledgement of the passionate Patriots fanbase.
New England fans will enjoy an added bonus when flying JetBlue from their local airports. Throughout the 2015 NFL regular season, customers wearing official New England Patriots jerseys on game days will be offered early boarding when flying out of JetBlue’s nine New England cities* (Boston, Mass., Burlington, Vt., Hartford, Conn., Martha’s Vineyard, Mass., Nantucket, Mass., Portland, Maine, Providence, R.I., and Worcester, Mass.)
As the Official Airline of the New England Patriots, JetBlue’s partnership will comprise joint marketing promotions and branding. Elements will comprise online advertising, e-mail marketing and video board features, in addition to contests, and giveaways for Patriots fans. The airline will also receive a new permanent digital board on the north end zone scoreboard at Gillette Stadium.
JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 13 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 EMBRAER 190 aircrafts. It also served 87 destinations in 27 states in the United States (the U.S.), the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 17 countries in the Caribbean and Latin America.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.