The $300 million factory is likely to be completed by 2019. South Korean newspaper, Korea Economic Daily has reported citing anonymous sources, Samsung Electronics Co Ltd plans on investing $300 million in the United States to build an appliances factory…. Read More ›
With this move the e-commerce giant is overhauling the supply chain in its marketplace so as to retain sellers and prevent them from going to rivals such as Ebay and Wal-Mart. On Wednesday, an executive from Amazon.com Inc disclosed that… Read More ›
If the deal goes through, it could potentially be a win-win situation for both companies, given their common target audience. As per sources familiar with the matter at hand, Sirius XM Holdings Inc, a U.S. satellite radio company is looking… Read More ›
She had made significant inroads in reducing abusive litigations by “patent trolls”. On Tuesday, a spokesman from the U.S. Patent and Trademark Office stated that its Director, Michelle Lee, who won lavish praise from tech companies for taking steps to… Read More ›
The latest funding round saw the company’s valuation rise by $1 billion. On Tuesday, Pinterest’s spokeswoman disclosed that the visual search technology company has raised $150 million in its latest funding round from existing investors. Pinterest is now valued at… Read More ›
The model is contingent on the turnaround of select groups of voters on election day. As per a model created by businessman and former Conservative Party donor Michael Ashcroft, British Prime Minister Theresa May could potentially win a 64-seat majority… Read More ›
The FIA has called for market forces to determine the location of the euro clearing from its current London location. The Futures Industry Association, (FIA) an industry body, underlined the fact that forcing banks to shift the clearing of euro… Read More ›
The move aims to upgrade America’s ageing air traffic control systems which date back to world war two. However, the issue is not as simple as it appears …
May plans on creating a ministry for trade tasked with the sole purpose of boosting bilateral trade relations with “old friends and new allies”. On Monday, Theresa May’s Conservative Party has presented its post-Brexit scenario of setting up a network… Read More ›
Broadcom is likely to emerge as the winner in the bidding war for Toshiba’s chip manufacturing unit. Japan’s Asahi newspaper has reported that Toshiba Corp is considering giving U.S. chip manufacturer Broadcom Ltd exclusive rights to negotiate its prized chip… Read More ›
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