Biz/Tech
Macy's Closing 40 Stores In 2016, Sale This Weekend In Question As Other Malls To Follow
Macy's closing 40 stores in 2016 gave a blow to all over department store and malls across the country.
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AT&T Resurrects Unlimited Data Plan To Compete With Verizon, Sprint And Tmobile
Lo and behold - AT&T has resurrected its unlimited data plan! Lo and behold - AT&T has resurrected its unlimited data plan! This is rather a change in circumstances for other companies like Verizon, Sprint and Tmobile that has gotten an edge in competition with their unlimited data plans.
Apple Samsung Lawsuit And Patent Infringement Continue Into 2016, New Settlement Unlikely?
Apple and Samsung have been in lawsuit and patent war ever since the two companies came to be and it looks like this won’t end any time soon.
Amazon Echo Gets Altered, Reviews Already Mixed As Price For Prime Members Goes Into Debate?
Amazon Echo is looking to get a makeover, but the reviews are already mixed as it goes into previews.
Palantir Technologies Raises Another $880 Million, Now Valued at About $20 Billion
Palantir Technologies, a provider of powerful data analysis tools for government and business, has raised another $880 million in its latest round of funding, people familiar with the matter told The New York Times.
Salesforce Acquires SteelBrick, Combination Accelerates SteelBrick's Delivery Of Quote-To-Cash Applications
Salesforce.com Inc. has acquired SteelBrick, Inc., a cloud quote and billing service provider, for $300 million, according to a report from The Wall Street Journal.
Apple Pay Seeking Growth In Asia And Europe, To Enter Markets Comfortable With Mobile Payment Following Slow U.S. Adoption
Apple, Inc. is looking to achieve growth of its Apple Pay in the Asian and European markets in 2016, according to a report from Bloomberg. The company will be entering markets that are more comfortable with the so-called contactless payments following the sluggish start it experienced in the U.S.
AB InBev Acquires Breckenridge Brewery, Enhances The High End Business Unit
Anheuser-Busch InBev (AB InBev) has announced in a press release that it would be acquiring the Colorado-based Breckenridge Brewery. The acquisition enhances AB InBev’s The High End business unit of craft and import brands.
Pep Boys In New Deal With Bridgestone, New Offer Amounts To About $947 Million
Bridgestone Americas, Inc. has announced in a press release that Bridgestone Retail Operations LLC, a wholly owned subsidiary of Bridgestone, has amended their Agreement and Plan of Merger dated October 26, 2015 with Pep Boys - Manny, Moe & Jack. Bridgestone will be acquiring all the outstanding common stock of Pep Boys for $17, or approximately $947 million, up from the previous offer of $15.50.
Mikhail Prokhorov Reaches Deal To Take Full Ownership of Brooklyn Nets And Barclays Center, Marks Loss For Forest City Enterprises
Mikhail Prokhorov, the majority owner of the Brooklyn Nets, has acquired full ownership of the team and Barclays Center from Nets Sports and Entertainment through his Onexim Sports and Entertainment Holding USA, Inc., the team said in its website.
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