Given the synergies of both companies, Elon Musk has described the deal as a “no brainer”. Tesla Motors Inc. has disclosed that its acquisition of SolarCity Corp will add $500 million in cash to its balance sheet over the next… Read More ›
Strategy
Broadcom close to acquiring Brocade Communications Systems Inc.
Broadcom is the third largest U.S. semiconductor manufacturer by revenue, behind Intel and Qualcomm. According to sources familiar with the matter at hand, Broadcom Ltd is said to be nearing a deal to acquire Brocade Communications Systems Inc. which makes… Read More ›
BlackBerry partners with Ford Motors
In a first of its kind, BlackBerry has partnered with Ford Motor to expand the usage of its QNX operating system. The terms of the deal has yet to be disclosed. On Monday, BlackBerry Ltd disclosed it has signed a… Read More ›
Britain to splurge $2.32 billion boost cyber defences
In an increasingly connected world safeguarding national infrastructure is of prime importance. According to a statement from the British Treasury, Britain will spend $2.32 billion (1.92 billion pound) to boost its cyber security defences. Britain’s new National Cyber Security Strategy… Read More ›
The SEC has a new weapon to detect insider trading
The SEC’s Analysis and Detection Centre uses various pattern analysis methods on Big Data to detect insider trading. Earlier in May this year, when Gary Pusey, a plumber, pleaded guilty to insider trading, it wasn’t a victory for just the… Read More ›
Working with Panasonic, Toyota gains expertise in lithium-ion battery technology
The ability to monitor the individual battery cell conditions is fast becoming a key metric, as a closely-held trade secret, which can provide strategic depth and a competitive advantage to companies in the looming transportation sector which is set to… Read More ›
Hilton Worldwide Holding’s 3-way split could boost revenues by 25%
Facing stalling travel plans from consumers, the group’s earnings have been revised downwards 3 times in a row. According to a report from Barron’s the shares of Hilton Worldwide Holdings Inc. could shoot up by a minimum of 25% if… Read More ›
GE set to acquire Baker Hughes for ~$30 billion
The deal could help redefine Baker Hughes following its failed merger with Halliburton. The Wall Street Journal has reported citing sources familiar with the matter at hand, General Electric Co is close to sealing a nearly $30 billion to merge… Read More ›
OPEC Splits Prevent Deal With Other Producers to Curb Supply
A deal to secure the cooperation of other major suppliers was prevented by OPEC’s internal disagreements over how to implement oil-supply cuts agreed last month. Little more than a promise that the world’s largest oil producers would keep on talking… Read More ›
Uber sees commuters travelling in VTOL planes in the next decade
Uber has a vision that could revolutionise transportation. In early 2017, it plans on hosting a summit wherein it hopes to lay out a potential roadmap. According to Uber, the future of transportation is literally looking up: it envisages commuters… Read More ›
manageria.biz 