Biz/Tech
Heineken Acquires 50% of Lagunitas, Builds Strong Foothold in Craft Brewering Category on Global Scale
Toyota Plans Launch of New Prius Amid Slowing Demand for Hybrids on Falling Gas Prices
Japanese carmaker Toyota Motor Corp intends to roll out towards the end of the year the latest model of its hybrid car Prius, even as demand for environment-friendly vehicles has declined due to falling fuel prices, Reuters reported.
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Concordia Healthcare to Buy Amdipharm Mercury for $3.5 Billion, Continues Acquisition Spree
Concordia Healthcare Corp. announced a deal to buy drugmaker Amdipharm Mercury Ltd. (AMCo) from a group of investors led by European private equity firm Cinven for $3.5 billion.
Amazon Looking to Expand Meal Delivery Service, to Hire New Staff for Company's Restaurant Division
Amazon.com, Inc. is looking to expand its meal delivery service by hiring new staff dedicated to restaurants in Seattle and New York, according to a report from Reuters.
Fiat Chrysler Voluntarily Recalls Close to 8,000 Jeep Renegades, Software in Touchscreen Radio Prone to Hacking
Fiat Chrysler Automobiles has voluntarily recalled close to 8,000 Jeep vehicles in the U.S. for an upgrade in its software that is prone to hacking, according to a report from The Wall Street Journal.
Boeing Sticking with its 747 Production Plans Despite Canceled Orders, Slumping Sales
Boeing Company has said that it will be sticking to its current plans in terms of the production of its 747 jumbo jets despite a canceled order and a drought in sales, according to a report from Reuters.
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.
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