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Sony to shut smartphone plant in China & shift production to Thailand

Sony to shut smartphone plant in China & shift production to Thailand

Mateen Dalal March 30, 2019
Japanese conglomerate Sony Corp is reportedly closing its smartphone plant in Beijing, a company spokesman stated. As per trusted sources, the decision was made on the heels of the …
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Deutsche Bahn plans to sell its UK based transport company, Arriva

Deutsche Bahn plans to sell its UK based transport company, Arriva

Akshay Kedari March 29, 2019
The owner was of the view that sale of Arriva would bring plenty of financial opportunities which are conducive for growth. Arriva, the UK based multinational transport organization, would …
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Salesforce partner Vlocity secures $60M to boost product development

Salesforce partner Vlocity secures $60M to boost product development

Mateen Dalal March 28, 2019
Vlocity is completely focused on creating industry-related functionality and processes for Salesforce’s customer relationship platform Salesforce partner Vlocity Inc. has reportedly announced that it has secured $60 million in …
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Private equity platform TPG Capital to acquire Entertainment Partners

Private equity platform TPG Capital to acquire Entertainment Partners

Mateen Dalal March 27, 2019
The leading American private equity (PE) investment platform, TPG Capital, has reportedly announced its acquisition of the world-famous payroll company serving the entertainment industry, Entertainment Partners (EP). The terms …
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Bayer and J&J agree to settle $775m worth lawsuits in US over Xarelto

Bayer and J&J agree to settle $775m worth lawsuits in US over Xarelto

Mateen Dalal March 26, 2019
Plaintiffs contended the drug causes irreversible and uncontrollable bleeding that led to severe injuries and even death Johnson & Johnson and Bayer AG are reported to have agreed to …
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Dispute over fees between Viacom and AT&T could be settled imminently

Dispute over fees between Viacom and AT&T could be settled imminently

Mateen Dalal March 25, 2019
The talks can be anticipated to be a significant change from the recent disputable exchanges between Viacom and AT&T ahead of the expiration of their contract Viacom and AT&T …
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Avidbots raises $31.5 in series B funding for floor cleaning robots

Avidbots raises $31.5 in series B funding for floor cleaning robots

Akshay Kedari March 23, 2019
Avidbots has robot floor-scrubber named Neo which is their first product equipped with 3D sensors, artificial intelligence and cameras. Avidbots, a Canada-based artificial intelligence company, reportedly proclaimed that it …
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Pine Labs acquires gift cards start-up Qwikcilver in a $110M deal

Pine Labs acquires gift cards start-up Qwikcilver in a $110M deal

Mateen Dalal March 22, 2019
The latest buyout will integrate the SaaS technology platforms of both merchant-focused Pine Labs & brand-focused Qwikcilver, to better their global market reach Pine Labs, a leading payment & …
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SAS announces $1B investment to advance AI education and R&D efforts

SAS announces $1B investment to advance AI education and R&D efforts

Akshay Kedari March 20, 2019
The investment will focus on education, software innovation and other expert services For data scientists and analytics professionals, it will create customized certification programs Reports confirm that SAS will …
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Cadbury’s treasure island ad labeled irresponsible by archaeologists

Cadbury’s treasure island ad labeled irresponsible by archaeologists

Akshay Kedari March 19, 2019
Confectionary giant Cadbury will be reportedly changing its latest advertising campaign that urges children to look for real treasure after archaeologists accused it for encouraging looting. As per trusted …
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WISeKey forms joint venture with Saudi Advanced Technologies

WISeKey forms joint venture with Saudi Advanced Technologies

Ninjacart secures over $89 million in investment from Tiger Global

Ninjacart secures over $89 million in investment from Tiger Global

Reliance denies allegations it has breached US sanctions on Venezuela

Reliance denies allegations it has breached US sanctions on Venezuela

San Francisco startup Lyric raises $160m in Airbnb-led funding round

San Francisco startup Lyric raises $160m in Airbnb-led funding round

Qualcomm and Apple resolve lawsuit over smartphone processor costs

Qualcomm and Apple resolve lawsuit over smartphone processor costs

Credit Suisse to acquire controlling stake in China securities venture

Credit Suisse to acquire controlling stake in China securities venture

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