Biz/Tech
Dow Chemical And DuPont in Advanced Talks to Merge, Combined Worth Estimated At $120 Billion
FLIR To Provide Thermal Imaging Technology To DJI's Drones To Assist Police, Firefighters, Farmers
Ford Tests Ride-Hailing Service, Looks To Decongest Traffic And Make Public Transit More Accessible
Ford Motor Company has announced in a press release that it is piloting the Dynamic Shuttle service, an on-demand ride sharing service, for its employees to use around its Dearborn, Michigan campus.
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Boeing Schedules 1st Flight Test For New 737 MAX 8 For Early Next Year
The Boeing Co. has announced in a press release the completion of the final assembly of its first 737 MAX 8, which rolled out of the company’s factory in Renton, Wash. on Nov. 30. The new airplane is on schedule for its first test flight in early 2016.
Didi Kuaidi Hires Jerry Yang As Senior Adviser, Apparently Hoping To Strengthen its Tech Alliance
Didi Kuaidi, the largest car-hailing app in China, has just appointed Jerry Yang, co-founder of Yahoo, to its board as senior advisor, according to a report from Techcrunch.
EU Slaps Qualcomm With Antitrust Charges, Company Accused Of Exclusivity Payments, Predatory Pricing
The European Commission has charged Qualcomm Incorporated with abusing its dominant position in the worldwide markets for 3G and 4G based chipsets, according to a press release issued by the Commission.
IBM Acquires Clearleap, Angles To Advance Cloud Video Services
International Business Machines Corporation (IBM) has announced in a press release that it has acquired Clearleap, Inc., a provider of cloud based video service.
Yahoo To Hold Off On Spinning Off Alibaba Stake, Examine Deal Involving Core Business
Yahoo!, Inc. will not be pushing through with its spinoff of its stake in Alibaba Group Holding Ltd., sources have told CNBC. The company would instead examine a deal that would involve its core business and its stake in Yahoo Japan.
JAB Holding-Led Investor Group To Acquire Keurig In Hopes Of Creating Global Coffee Empire
Keurig Green Mountain, Inc. has announced in a press release that it will be acquired by an investment group led by JAB Holding Company for approximately $13.9 billion.
BBCN To Acquire Wilshire for $1 Billion, Looks To Create Only Super Regional Korean-American Bank in the U.S.
BBCN Bancorp, Inc. has announced in a press release that it entered into an agreement with Wilshire Bancorp, Inc. to combine in a strategic merger of equals. The transaction would create the only super regional Korean-American bank in the U.S.
CMA CGM Annouces Plans To Acquire Neptune Orient, Aims To Reinforce Global Shipping Position
CMA CGM, a French container shipping company, has announced in a press release that it will be acquiring Neptune Orient Lines (NOL). The acquisition will enable CMA CGM to reinforce its position in the container shipping industry.
FTC Challenges Proposed Merger of Staples And Office Depot, Claiming Move Would Harm Competition
The Federal Trade Commission (FTC) has announced in a press release that it has filed an administrative complaint against Staple, Inc.’s proposed $6.3 billion acquisition of Office Depot, Inc., citing reduced market competition.
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