Biz/Tech
Amazon Offers Restaurant Delivery Service to Prime Customers in Seattle, Mum About Expansion
Seattle Prime customers of online retailer Amazon.com Inc will now be able to order food from restaurants in the area using the company's app.
Latest News
Toyota to Invest about $50 Million on Artificial Intelligence Research, Partners with Stanford, MIT
Toyota Motor Corporation has announced that it will be investing $50 million over the next 5 years to accelerate the research of artificial intelligence for vehicle and mobility technologies, according to a press release issued by Toyota.
Apple is Builiding Second-Largest Campus in Austin, Transforms Austin's Technology Sector
Apple, Inc. is transforming 38 acres of wooded land in Austin, Texas into its biggest campus outside of Silicon Valley, according to a report from the Austin-American Statesman.
Emera Acquires TECO Energy for about $10.4 Billion, Becomes Energy Leader in North America
Emera, Inc. has announced that it will be acquiring TECO Energy for about $10.4 billion, including the assumption of about $3.9 billion in debt, according to a press release issued by Emera.
Blackberry to Acquire Good Technology, Expand Leadership in Secure Cross-Platform Mobility Management
BlackBerry Limited has announced in a press release that it will be acquiring Good Technology, the leader in secure mobility, for $425 million in cash.
AOL to Buy Millenial Media for $238 Million, Deepen its Pogrammatic Leadership
AOL has announced that it will be acquiring Millennial Media, Inc., the leading independent mobile ad marketplace, for about $238 million, according to a press release issued by AOL.
Avolon to be Acquired by Bohai for $7.6 Billion, Complements Bohai's existing Investment in the Leasing Sector
Avolon, the international aircraft leasing company, has agreed to be acquired by Bohai Leasing Co., the only listed leasing company in China, for approximately $7.6 billion including debt, according to a press release issued by Avolon.
Alcoa Betting on 3D Printing, Spends $60 Million to Expand 3D Manufacturing Center
Alcoa, a leader in lightweight metals, is betting on 3D printing as it plans to expand its 3D manufacturing center in Pennsylvania, according to a press release issued by Alcoa.
Natalie Massenet Resigns from Net-a-Porter, Leaves Company as It Completes Merger with Yoox
Natalie Massenet has resigned from Net-a-Porter Group Ltd as the company is completing its merger with Yoox Group SpA, according to a report from The Wall Street Journal.
Rentokil Buys Steritech for $425 Million, Strengthens Position as No. 3 Pest Control Business in U.S.
Rentokil Initial Plc has announced that it will acquire Steritech Group, Inc., one of the leading pest control businesses in North America, for $425 million in cash, according to a press release issued by Rentokil.