A set of scales that can check the health of your heart as well as your weight has been designed by consumer electronics firm Withings, the company claims. Pulse wave velocity, which is produced by the beating of the heart… Read More ›
Entrepreneurship
Yahoo hires Black Stone IP for the sale of its 3,000 patents
It already has sent out letter to potential bidders with the mid-June being the end date for the bids. According to sources who are familiar with the matter at hand, Yahoo Inc has hired Black Stone IP LLC, a boutique… Read More ›
Amazon to invest more than $5 billion in India
Jeff Bezos has said that the world’s biggest retailer will set up a software development centre in the Indian city of Hyderabad. India has been its fastest growing market in the world. Jeff Bezos, Amazon, CEO has disclosed that it… Read More ›
Barron predicts Whole Food Market’s share to hover at $40 in 2017
Barron’s newspaper has predicted a surge in Whole Food Market’s shares. The supermarket chain is aggressively foraying into new areas and closing the price gap, of its produce, with its rivals. Investors though should study the company’s fundamentals before investing… Read More ›
BlackRock sells one of its towers at Asian square development to Qatar for $2.5 billion
Singapore’s real estate market is contracting and the availability of office space is increasing. Real estate developers will be adding 4 million Sq. feet this year, followed by 1.4 million next year. In what BlackRock has stated to be the… Read More ›
Teheran’s oil exports surges thanks to P&I clubs
Despite the partial lifting of U.S led sanctions, Iran’s oil exports are surging with European and Asian tankers are in the lead. Following the lifting of western sanctions in January, more than 20 Asian and European super-tankers are shipping Iranian… Read More ›
With its new round of funding, Uber gains further traction in the Middle East
Saudi Arabia’s Public Investment Fund has valued the company at $62.5 billion. In this latest round of funding, Uber mopped up $3.5 billion at a time when funding for tech startups are contracting. Uber has gained further traction in the… Read More ›
Dell loses appraisal case
It will now have to pay up millions of dollars to investors who opposed the merger, including Carl Icahn. In a ruling that could have a significant impact on Dell, a Delaware judge has ruled that Silver Lake Partners and… Read More ›
Are investors starting to leave Alibaba Group Holding Ltd?
Significantly this comes in the wake of the U.S. SEC investigating the sales data of its annual Singles’ Day sale. Softbank Group Corp has said it will sell at least $7.9 billion shares of the Alibaba Group Holding Ltd so… Read More ›
Boeing could win Apache contract from UK’s MoD
As per The Telegraph Boeing is likely to be awarded a contract worth $2.9 billion for supply 50 Apache attack helicopters to the UK. As per a report appearing in the Telegraph, Britain’s Ministry of Defence is all set to… Read More ›