Biz/Tech
Carlyle Buys Veritas from Symantec for $8 Billion, Continues its Commitment to Technology, Media, Telecom Industries
'Tekken 7' PS4 Release Date To Bring In New Characters Introduced In Arcade! Online Version Happening?
'Tekken 7' PS4 Release Date To Bring In New Characters Introduced In Arcade! Online Version Happening?
Latest News
Google Announces Plan for New Operating Structure, Creates New Company Called Alphabet
Google, Inc. has just announced the creation of a new company called Alphabet, as part of its plan for a new operating structure that will make Google cleaner and more accountable, according to a blog post in Google by Larry Page, CEO and co-founder of Google.
Cancer Genetics Announces Agreement to Acquire Response Genetics, Expands its National Sales and Service Footprint
Cancer Genetics, Inc. has announced that it has entered into an agreement in principle to acquire Response Genetics, Inc., a CLIA-certified clinical laboratory focused on the development and sale of molecular diagnostic testing services for cancer, according to a press release issued by Cancer Genetics.
Mallinckrodt Acquires Therakos, Expands Hospital Growth Business and Platform
Mallinckrodt Plc, has entered into a “definitive agreement” with The Gores Group LLC for a subsidiary of Mallinckrodt to acquire Therakos, Inc., a leading immunotherapy company, for approximately $1.325 billion, according to press release issued by Mallinckrodt.
Xiaomi Partners With Foxconn to Produce Phones In India to Bolster Strength In Second Biggest Smartphone Market
Chinese phone maker Xiaomi Inc has entered into a partnership with Taiwan's Foxconn Technology Group to open a manufacturing facility in India in a bid to further strengthen its position in one of the leading smart phone markets in the world.
Nokia Plotting Mobile Phone Comeback Amid Long Absence, Tough Competition
Finnish phone maker Nokia is looking to make a comeback with moves aimed to make the company more competitive in the handset business it once surrendered to Microsoft.
Chinese E-Commerce Giant Alibaba Buys 20% Stake in Suning for $5 Billion to Boost Services
Chinese e-commerce giant Alibaba bought a 20% stake in Chinese consumer electronics retailer Suning for $4.6 billion saying the investment will help its distribution network in the country.
Groupon Announced Investment of Sequoia to its Indian Arm, Unit to be Renamed Nearbuy
Groupon Inc. has just announced the investment of Sequoia Capital, a private equity firm, to its Indian unit, Groupon India, according to a press release issued by the company.
Japan's Sumitomo Negotiating to Acquire US's Symetra, Would Boost Overseas Growth
Sumitomo Life Insurance Company, a Japanese insurance company, is in talks to acquire U.S.’s Symetra Financial Corporation for about $3.1 billion, a person familiar with the matter told Reuters.
U.S. Oil Rigs Rise for Third Week Despite Low Crude Prices
U.S. energy firms added six oil rigs last week despite a decline in crude futures on concerns about the market situation.
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