Chandima Dias

5 Flips | 1 Magazine | @ChandimaDias | Keep up with Chandima Dias on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Chandima Dias”

More Chinese Companies Are Acquiring Foreign Businesses [Infographic]

Chinese companies have been boosting their efforts to acquire foreign companies and broadening their capabilities and portfolios to help them win at home and abroad. Bain & Company’s analysis of M&A deal activity shows that the transaction value of outbound deals has been rising steadily since …

Sri Lanka arrests ex-president's son over graft charges

Sri Lankan authorities have arrested a son of the country's former president Mahinda Rajapaksa on a charge of money laundering, officials have said.<p>Yoshitha Rajapaksa, a navy officer, was detained on Saturday following months of investigations into alleged financial irregularities linked to his …

Everyone thought Mark Zuckerberg was crazy to buy a 13-person app for $1 billion — now Instagram looks like one of the most brilliant tech acquisitions ever made

What's more, Zuckerberg paid out the nose for it, shelling out $1 billion for an app that had 13 employees, zero revenue, and which most of the buttoned-up investors that would attend Facebook's IPO roadshow had probably never heard of.<p>The deal caused immediate concern. Some considered the deal a …