There have been a series of hi-profile departures from Alphabet Inc.’s projects. What’s brewing at Alphabet Inc.? Recode has reported citing sources familiar with the matter at hand that Bill Maris, founder and CEO of GV, Alphabet’s venture capital arm,… Read More ›
Day: August 11, 2016
Samsung Electronics Co. Ltd to acquire California based Dacor Inc.
The move will boost Samsung’s sales of high-end luxury appliances. South Korean electronics giant Samsung Electronics Co Ltd has disclosed that it is interested in acquiring Dacor Inc, a U.S. company that manufactures luxury appliances, so as to boost sales… Read More ›
Verizon eyeing fleet management business
With the telecom market being increasingly saturated, telecom companies are looking for other recurring sources of revenues to boost their bottom lines. Analysts opine that Verizon Communications’ recent acquisition of two vehicle tracking firms could lead to and/or spark more… Read More ›
U.S. Federal Judge disallows unionizing of taxi, Uber and Lyft drivers
According to the ruling the timing of the lawsuit was too early since Seattle’s ordinance had yet to take effect. In a significant development in the history of ride sharing companies, a federal judge has dismissed a lawsuit against the… Read More ›