Coin is a Silicon Valley startup which manufactures NFC chips. By acquiring Coin, Fitbit hopes to incorporate the technology in its future products. Fitbit has disclosed that it has acquired the assets of Coin, a Silicon Valley Startup. This strategic… Read More ›
In 2014, when although Microsoft purchased Nokia it did not however buy its phone related patents. Subsequent to this acquisition, it has struggled with its phone business and in the previous year, it wrote-off the entire acquisition of Nokia worth… Read More ›
A swing in temperatures, the sales of its pharmacy and clinic business, as well as the restricting of its groceries in its stores have resulted in Target missing analyst’s estimates. Target has reported a lower turnover than its forecasts and… Read More ›
As per Kyodo News agency, Suzuki Motor Corp is suspecting to have cheated the public with the fuel economy of its vehicles. Japanese news media have reported that Suzuki Motor Corp has been suspected of using improper testing methods for… Read More ›
Major banks including UBS and BAM are bearish on the near-term while being optimistic in the long run. Diminished U.S. stocks and with wildfires looming threats on Canadian oil supplies, U.S. crude oil prices hit their 7 months high yesterday…. Read More ›
Although Tribune doesn’t seem to be particularly interested, increasing overheads and reduced finances could see the publishing houses come to the negotiating table. In its bid to acquire Tribune Publishing Co., Gannett Co Inc., which publishes USA Today, has raised… Read More ›
Apple’s decision to invest in India is a reflection is of the strategic importance that Apple attaches to it since by investing in the world’s third largest smartphone market, it can not only boost its market share in but also… Read More ›
With reports in Taiwan that the companies were recruiting staff in preparation for building the iPhone 7 series, Apple’s top Taiwanese suppliers have started mass-hirings. “Foxconn Zhengzhou is hiring a large number of ordinary workers. Welcome to join Foxconn: Age… Read More ›
With this deal China is looking for a strategic hold on global food supplies. As per multiple sources familiar with the matter at hand, the U.S. Department of Agriculture is set to join the U.S. government panel that is in… Read More ›
Apple’s shares have fallen by one-third of their value since 2015. Increased saturation in the smartphone market have led to a fall in sales of iPhones. It is unclear as to who took this decision – Warren Buffet or one… Read More ›
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