Biz/Tech
Disaster Recovery Center Opened by IBM
IBM has just opened a new facility. The company's new Disaster Recovery Center has 72,000 square-foot and boasts of state of the art technology.
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Rockefellers Sell $50 Billion Fossil Fuel Assets to Switch to Renewable Energy
The Rockefeller family, oil producing giant announced their commitment to divest assets amounting to $50 billion from fossil fuel investments.
SoftBank to Get $4.6 billion from Alibaba listing
Japanese telecommunications giant SoftBank expects to acquire $4.6 billion from Alibaba Group Holding’s share lisiting.
Germany Wants To Buy Cheaper ‘Airbus,’ Impose Stricter Rules on Arms Exportation
Germany demands lower costs and longer cancellation periods on Airbus’ A400M military airlifters. Germany demands lower costs and longer cancellation periods on Airbus' A400M military airlifters.
Volkswagen to Make Luxury Sedan Especially For China
German automobile manufacturer Volkswagen to produce VW-badged luxury cars for designed for China. Volkswagen, largest German automaker, will release a luxury car made especially for the Chinese market, in hopes of earning more money, according to sources.
Twitter Accused of Mismanagement
Peter Thiel, who is one of the early investors of Facebook recently gave a scathing interview. The billionaire targeted microblogging giant Twitter and its management.
General Motors to Recall Vehicles on Parking Brake due to Fire Danger
The famous United States vehicle maker General Motors Co. will recall more than hundreds of thousands of automobiles due to the defective parking brake that can cause fire danger.
Chrysler to recall 189,000 SUVs
Chrysler will recall around 189,000 Dodge Durangos and Jeep Grand Cherokees in United States to resolve fuel pump issue that an stall the SUVs.
Cadillac Will Launch a More Affordable Luxury Car in 2015
Cadillac will release new luxury car models in 2015. Cadillac, U. S. -based General Motors (GM) Company and maker of luxury vehicles will launch new high-end car models in the first half of 2015.
Alibaba Considered Most Highly Valued Online Retailer
Alibaba's evaluation of $167 billion beats Amazon's capitalization of $150.2 billion. Alibaba Group Holding Ltd. begins trading at New York Stock Market on Friday with an evaluation of $167.
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