A spokesman for the Skolkovo Innovation Centre, which is developing a technology development park outside Moscow, announced that Facebook (NASDAQ:FB) CEO Mark Zuckerberg will be visiting Russia and the Centre in the first week of October, and will meet with Prime Minister Dmitry Medvedev and billionaire industrialist Viktor Vekselberg, who is developing the technology project.
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Barnes & Noble (NYSE:BKS) has announced that it will release new high definition versions of the Nook tablet targeted at holiday shoppers this season. The company is offering a 7 inch HD tablet at $ 199 and a 9 inch HD tablet for $ 269. Consumers could also access a digital video store to rent or buy movies for the devices. Barnes and Noble is serious about increasing its market share considering the new devices are priced at par or below those of Amazon, and the company has placed bumper orders to meet holiday demand.
According to an announcement by RadioShack (NYSE:RSH), its Board of Directors and CEO James F. Gooch have agreed that the latter will relinquish his positions as the director of the company and Chief Executive Officer with immediate effect.
Dollar Thrifty’s (NYSE:DTG) merger with Hertz Global (NYSE:HTZ) can now go ahead with a tender offer from Hertz, on the expiration of the “go-shop” period stipulated under the merger agreement, and since no competing offers were received during that period.
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