FASTTAKES: Bharti, DT, Facebook, NEC, CA

Staff writer
26 Feb 2010

Bharti Airtel said its $9b purchase of Zain would be funded by medium-term debt and the issue of fresh equity, Economic Timesreported.

Deutsche Telekom said full-year earnings fell 76% in 2009. CEO René Obermann said it would continue to focus on cost-cutting.

Facebook and Paypal have agreed to allow advertisers to use PayPal to pay for Facebook online ads. Facebook will also add PayPal as a payment option for Facebook credits.

Chinese authorities have punished “hundreds” of people in Xinjiang for “spreading rumors and separatist content” by SMS, state media reported.

NECsaid cloud computing revenues could make up 25% of total targeted sales for fiscal 2012.

CA will acquire cloud computing solution provider 3Tera for an undisclosed sum. CA said it would incorporate 3Tera's portfolio of products, including the AppLogic platform, into its own cloud range.

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