Biz/Tech
Ford Tests Ride-Hailing Service, Looks To Decongest Traffic And Make Public Transit More Accessible
Sunrun Opens Corporate Office in Denver, Pledges To Hire Up To 800 Workers In The Next Few Years
Sunrun Inc., the largest dedicated residential solar company in the U.S. has announced in a press release that it will be opening a new corporate office in Denver, Colorado.
Latest News
Faraday Future Vows To Invest $1 Billion For New Production Facility in Nevada, Add 4,500 Jobs
Faraday Future, a new electric vehicle and future mobility startup company, has said in a letter published in the company’s website that they have selected North Las Vegas, Nevada for its $1 billion facility.
AccorHotels To Acquire 3 Iconic Hotel Brands, Enhancing Company's Footprint In Luxury Segment
AccorHotels has announced in a press release that it will be acquiring FRHI Holdings Ltd., the parent of Fairmont, Raffles, and Swissotel hotel brands.
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.