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Starwood Hotels gets $13.2 billion bid, pressuring Marriott

Bloomberg Starwood Hotels & Resorts Worldwide Inc., owner of brands such as Westin, Sheraton and W, said it plans to accept a $13.2 billion takeover bid by China’s Anbang Insurance Group Co. and gave suitor Marriott International Inc. a deadline to make a counteroffer. Anbang and its partners will pay $78 a share in cash for Starwood, according to a ...

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Twitter turns 10

AFP As Twitter marks its 10th birthday on Monday, it is somewhat of an awkward child — having become a powerful communication tool but still struggling to win users and reach profitability. Since making a star-quality entrance a decade ago, Twitter has become a must-have tool for journalists, activists and celebrities but has struggled to show it can expand beyond ...

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Opportunities rife for UAE start-ups using right technologies: Microsoft

Emirates Business Microsoft Gulf highlighted the opportunities open to the region’s small and medium enterprises in adopting enabling technologies, as it remarked on the success of the SME World Summit 2016, held in Dubai earlier this month. Speaking after company’s participation as exclusive technology partner at the summit, Haider Salloum, SMB Director, Microsoft Gulf, said, “Microsoft is committed to becoming ...

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