Bertelsmann AG

Type: Company
Name: Bertelsmann AG
Nationality: Germany
Web Address: http://www.bertelsmann.com/
Fact Sheet: Fact Sheet for Bertelsmann AG
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

Aurora Directors Prolong Miners' Misery

BYLINE: Dineo FakuWHILE the directors of the liquidated Aurora Empowerment Systems are expected to ask the North Gauteng High Court to postpone the hearing into the multibillion-rand lawsuit against the firm's insolvent estate today, workers continue ... [Published HighBeam Research - Aug 27 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

Pay Aurora miners, judge orders family

Johannesburg - The protracted legal battle aimed at recouping millions pocketed by a Joburg family while Aurora mineworkers starved yielded some results on Tuesday.The North Gauteng High Court in Pretoria ordered the family to repay R15.1 million.While ... [Published IOL - Aug 27 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

Government shared services delays – the FT picks up on our story

You may remember w e featured our exclusive story a couple of weeks back about delays to the UK Cabinet Office Shared Service Centre programme. Operation of the first centre (SSC1) was outsourced to arvato, a subsidiary of German mega-firm Bertelsmann, ... [Published Spend Matters - Aug 27 2014]
First reported Aug 25 2014 - Updated Aug 26 2014 - 2 reports

Aurora court bid delayed

Pretoria - A bid by the joint liquidators of Aurora Empowerment Systems to hold the directors and managers of the insolvent company personally liable for the collapse of the Pomodzi mines will only commence in the High Court in Pretoria on Tuesday.This ... [Published IOL - Aug 25 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

Aurora liquidators win right to recoup R15-million

PRETORIA – It was a small but significant victory for the liquidators of Aurora Empowerment Systems when the court ruled that they could recoup around R15-million in illegal payments. The payments were made to a group of people who had allegedly invested ... [Published ENCA - Aug 26 2014]
First reported Aug 25 2014 - Updated Aug 26 2014 - 2 reports

Court gives Aurora directors more time

PRETORIA – A case involving the directors of Aurora Empowerment Systems will most likely be heard in March 2015.This after the North Gauteng High Court granted permission for the case to be postponed and agreed to the late filing of papers.Judge Eberhard ... [Published ENCA - Aug 26 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 1 reports

Engineers Don't Make Jobs, Jobs Make Engineers: Politicians Got it Wrong Again

Our politicians have been saying if we just get better grades in math, America will always be a leader in innovation even though all the things we invent are made in factories in China.But now we're told that the inventors who got straight As want to ... [Published Huffington Post - Aug 25 2014]
Entities: Invention, Steve Jobs, China
First reported Aug 22 2014 - Updated Aug 22 2014 - 1 reports

Indian firm Kaizen opens Silicon Valley office ahead of pan-Asia fund launch

Education-focused Indian investment house Kaizen Private Equity has reportedly launched a Silicon Valley office as it prepares to raise its first pan-Asian vehicle.The firm is ready to target $120m for the fund according to AVCJ, which spoke to founder ... [Published AltAssets.net - Aug 22 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Recruitment Website Lagou.com Wins B Round Investment

Lagou.com founder confirmed to reporters that it has gotten B round investment reaching USD 25 million led by Qiming Venture Partners and followed by Bertelsmann Asia Investments. It is the second time for Lagou.com to declare financing within four months ... [Published Individual.com - Aug 20 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Aurora directors want case postponed due to money woes

JOHANNESBRUG - Lawyers for Aurora directors Zondwa Mandela and Thulani Ngubane want to postpone a court case in which they are accused of being reckless in the management of two gold mines, resulting in thousands of job losses.The law firm representing ... [Published ENCA - Aug 19 2014]
First reported Aug 17 2014 - Updated Aug 18 2014 - 1 reports

Online only for standard German encyclopedia

Brockhaus, the printed German equivalent of the Encyclopedia Britannica, was deemed a thing of the past on Sunday. Its publisher, a subsidiary of Bertelsmann, quashed, however, rumors of a complete end, saying online updates would continue.The subsidiary ... [Published Deutsche Welle - Aug 17 2014]
First reported Jul 31 2014 - Updated Aug 01 2014 - 2 reports

RTL : to Acquire Majority Stake in SpotXchange

By Chase GummerFRANKFURT--RTL Group (RTL.BT), Europe's biggest broadcaster by advertising revenue, said Thursday it has agreed to pay an initial $144 million for a 65% stake in SpotXchange, a digital video advertising service based in the U.S.The price ... [Published 4 Traders - Jul 31 2014]

Quotes

"Insofar as it is suggested that the payments were made at a time when the respondent was not insolvent, (that is, with respect, wishful thinking" Mr Puchren said. There was no proof that the payments were repayments for loans made to Aurora
"They have to repay. We are satisfied that we are finally able to tell the workers and liquidators that we’ve begun to recover the money" John Walker, attorney for the liquidators, said on Tuesday
"My role as the director of Aurora was that of a non-executive chairperson. I was therefore not responsible for the day-to-day management and running affairs of Aurora" said Khulubuse
...And while the geniuses in Washington talk about strategic partnerships and " not falling into the trap of strategic rivalry ", don't believe for a second that China isn't as hungry to overtake the West as we were to stick it to Great Britain three centuries ago."

More Content

All (184) | News (134) | Reports (0) | Blogs (42) | Audio/Video (0) | Fact Sheets (7) | Press Releases (0)
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Why can’t my activity tracker make my latte? [Published Vator.tv - 9 hours ago]
Penguin Random House Raises Claire Von Schillin... [Published Deadline.com - Aug 27 2014]
Aurora Directors Prolong Miners' Misery [Published HighBeam Research - Aug 27 2014]
Von Schilling takes Over for Applebaum at PRH C... [Published PublishersWeekly.com - Aug 27 2014]
Judge orders Aurora managers to repay R16 million [Published MiningReview.com - Aug 27 2014]
Snapdeal ventures into real estate with Tata Ho... [Published Media Nama - Aug 27 2014]
High Court revokes R16m in illegal payments by ... [Published BDlive - Aug 27 2014]
Government shared services delays – the FT pick... [Published Spend Matters - Aug 27 2014]
Pay Aurora miners, judge orders family [Published IOL - Aug 27 2014]
Judge orders Aurora players to pay up [Published Mining MX - Aug 26 2014]
Judge orders Aurora managers to pay back over m... [Published Times Live South Africa - Aug 26 2014]
SAPA - COURT-AURORA. [Published Namibia Press Agency - Aug 26 2014]
Aurora liquidators win right to recoup R15-million [Published ENCA - Aug 26 2014]
Court gives Aurora directors more time [Published ENCA - Aug 26 2014]
Khulubuse Zuma shifts Aurora blame [Published IOL - Aug 26 2014]
Aurora directors prolong miners’ misery [Published Daily News South Africa - Aug 26 2014]
Engineers Don't Make Jobs, Jobs Make Engineers:... [Published Huffington Post - Aug 25 2014]
Aurora court bid delayed [Published IOL - Aug 25 2014]
Aurora's Zuma, Mandela granted time [Published Mining MX - Aug 25 2014]
Legal costs loom for Aurora directors [Published ENCA - Aug 25 2014]
arvato Systems and FACTON form product costing ... [Published Open PR - Aug 23 2014]
@DevOps Summit | Is Your Organization Leveragin... [Published Java Developers Journal - Aug 22 2014]
Indian firm Kaizen opens Silicon Valley office ... [Published AltAssets.net - Aug 22 2014]
Waterkloof 4: du Preez fights for parole [Published IOL - Aug 22 2014]
Big 5 & IndusLaw top private equity rankings by... [Published Legally India - Aug 20 2014]
Recruitment Website Lagou.com Wins B Round Inve... [Published Individual.com - Aug 20 2014]
Aurora directors want case postponed due to mon... [Published ENCA - Aug 19 2014]
Hungary's leader believes his country should be... [Published GlobalPost - Aug 18 2014]
First Annual German Stevie Awards Issues Call f... [Published Scottrade - Aug 18 2014]
Online only for standard German encyclopedia [Published Deutsche Welle - Aug 17 2014]
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Smart kitchens get wave of new tools and funding [Published SiliconANGLE - Jul 28 2014]
This week’s Smart Living roundup features a smart baking companion, an immersive movie and lighting experience for home entertainment, and more star power behind smart home products. PantryChic’s smart baking tool   Nicole Sollazzo Lee, inventor, ...
How to re-engage lapsed customers using email m... [Published Smart Insights Blog - Jul 24 2014]
A case study of re-activation of lapsed customers with Marketing Automation and Gamification: An email marketing case study from CarDelMar The well-known marketing rule that investing in acquisition of new customers is six to seven times costlier than ...
Wearable tech gets star power and flexible batt... [Published SiliconANGLE - Jul 23 2014]
This week’s Smart Health roundup features an NBA star’s entrance in the tech industry, fresh funding for a flexible battery maker, and a shirt that tracks your vital stats. NBA star enters the tech scene   Carmelo Anthony, who plays forward for the ...
NBA star Carmelo Anthony turns investor, co-fou... [Published Venturebeat - Jul 21 2014]
Image Credit: Keith Allison/Flikr Athletes need a fallback plan once their bodies can no longer compete, and for former pro basketball player Carmelo Anthony, it’s investing in tech startups. Today, Anthony and former Bertelsmann Direct North America ...
NBA’s Carmelo Anthony Gets Into the Seed Invest... [Published WSJ.com: Venture Capital Dispatch - Jul 21 2014]
NBA All Star and two-time Olympic gold medalist Carmelo Anthony is getting in the seed investing game in partnership with Stuart Goldfarb, the former executive vice president of NBC and chief executive of Bertelsmann Direct North America. The pro ...
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