Kenexa Announces Agreement to Acquire Salary.com

Kenexa Corporation (Nasdaq: KNXA) and Salary.com, Inc. (Nasdaq: SLRY) today announced that they have entered into an agreement for Kenexa’s acquisition of Salary.com in an all cash tender offer and merger for $4.07 per share, or approximately $80 million. Kenexa, a global provider of business solutions for human resources, expects to complete the cash tender offer and close the transaction during the fourth quarter of 2010. The completion of the transaction is subject to a majority of the outstanding Salary.com shares being tendered, as well as satisfactory completion of other customary closing conditions, including certain regulatory approvals.

Kenexa expects to finance the deal through a combination of its cash balances and borrowings against its credit facility, which was recently put in place. The agreement has been unanimously approved by the board of directors of both companies, and Salary.com’s board intends to recommend that the Salary.com stockholders tender their shares in the offer.

NetEase.com Reports Second Quarter 2010 Unaudited Financial Results

NetEase.com, Inc. (Nasdaq: NTES), one of China's leading Internet and online game services providers, today announced its unaudited financial results for the second quarter ended June 30, 2010.

William Ding, Chief Executive Officer and Director of NetEase, stated, "Our newer games and the operation of Blizzard Entertainment's World of Warcraft(R) continued to drive solid quarter-over-quarter and year-over-year gains in online games revenue.

"In June, we launched a major marketing promotion for Fantasy Westward Journey with the introduction of our new product spokesperson, renowned music artist Jay Chou. Since July, we have also started to roll out a first-of-its-kind game design feature in China, a dual scene setting for Fantasy Westward Journey players, known as 'Weimei' version, meaning 'Perfect Beauty.'

MakeMyTrip Limited to be listed on NASDAQ

MakeMyTrip Limited, the parent company of MakeMyTrip (India) Private Limited and MakeMyTrip.com Inc., India’s largest online travel company¹, today announced that it has priced its initial public offering of 5,000,000 ordinary shares at a price of USD14 per share. The company's ordinary shares will begin trading on the NASDAQ Global Market on 12 Aug 2010 under the symbol “MMYT”.

Of the total offering of 5,000,000 ordinary shares, 3,846,154 ordinary shares are being offered by the company, while 1,153,846 ordinary shares are being offered by certain selling shareholders. In connection with the offering, the company and certain of the selling shareholders, have granted to the underwriters an option to purchase up to an additional 750,000 ordinary shares to cover over-allotments.

Onstream Media Debuts MarketPlace365(TM) with SUBWAY

Onstream Media Corporation (Nasdaq: ONSM), a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology, has announced the debut of its MarketPlace365(TM) virtual tradeshow platform with SUBWAY®. Over 100 of the top food, beverage and consumer packaged goods and service providers are participating in the restaurant chain's new online, business-to-business marketplace. Participating companies include: Coca Cola, Frito Lay, ADP, Comcast, Dr. Pepper/Seven Up Inc., DelMonte Fresh Produce Inc., McCain Foods, Sysco, Val Pak, and Otis Spunkmeyer. The show is open to SUBWAY franchisees, employees, sponsors and vendors. The launch of the marketplace coincided with SUBWAY's annual convention held July 23 - 25 at McCormick Place in Chicago, Illinois.