Biz/Tech
Apple and Boeing, Joins other Companies and Groups to Develop Wearable Tech for Department of Defense
Nokia Agrees to Joint Venture with China's Huaxin, Following Nokia's Proposed Takeover of Alcatel-Lucent
Twitter Plans to Increase Diveristy in its Workforce, Will Boost Female Employees and Underrepresented Minorities
Twitter, Inc. is planning to increase diversity within its workforce by increasing its female workers and workers of underrepresented minorities, according to a blog post from Twitter’s website.
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Amazon to Launch Video Steaming Service in Japan, Following Netflix's Own Launch in Japan
Amazon.com, Inc. has announced that they will start offering their Prime Video to Amazon Prime members in Japan by September 2015, according to a press release issued by Amazon Japan.
10 Automakers Sued Over Keyless Ignitions Alleged Dangers
Already reeling from a massive recall for using deadly airbags, the automotive industry is facing another major safety issue with a lawsuit filed in the U.S. against 10 leading carmakers for keyless ignitions that allegedly concealed carbon monoxide poisoning and killed 13 people.
Intel Invests $60 Million in Chinese Drone Maker Yuneec, Sees Technology as a Game Changer
Intel Corp. invested $60 million in a drone company based in China as the chipmaker continues to bet that such devices will have commercial applications to offset the decline of the PC market.
China's Wanda Buys Ironman Triathlon, Expects Sport to Boom in Country
China's Dalian Wanda Group said on Thursday it will buy the company that owns the triathlon brand Ironman for $650 million due to its potential to lure participants in the country.
Panasonic Cuts 1,300 Jobs with Closure of China Factory, Focus on Electric Car Batteries
Japan's Panasonic Corp said on Thursday it will close a lithium-ion battery factory in Beijing and axe 1,300 jobs there as demand for the product slides, competition increases and with better opportunities available in electronic car batteries.
Best Buy Plans to Sell Apple Watch in 1,000 Stores Due to High Demand
Best Buy is planning to offer Apple Watch in all 1,000 of its stores by the end of September due to the high demand that the watch generated from the stores' consumers, according to a report from the International Business Times.
Schlumberger to Acquire Cameron for $14.8 Billion, Combines 2 Complementary Companies
Schlumberger Limited, a company that supplies technology, integrated project management, and information solutions to customers working in the oil and gas industry worldwide, has announced that it will be acquiring Cameron International Corp. for $14.8 billion in a stock and cash transaction, according to a press release issued by Schlumberger.
Amazon's Prime Now's Delivery Service Available in Seattle, Offers Liquor Delivery
Amazon.com, Inc’s Prime Now, the mobile application exclusively available to members of Amazon Prime, is now available to residents of Seattle, Bellevue, Redmond, and Kirkland, according to a press release issued by Amazon.
U.S. Economy Strength Seen in Positive Consumer Confidence, Housing Figures
Consumer confidence rose to a seven-month high in August, while sales of single-family homes rebounded in July, but these may not be enough to convince the Federal Reserve to hold off a raise hike amid continued market turmoil emanating from China.
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