December 30, 2014 10:11 am
The email service of Google Inc. – Gmail – was blocked in China through third-party applications. This step made Gmail part of the other services of the U.S.-based company, which have been banned in China, currently the largest Internet market worldwide. The State Internet Information Office of China did not respond to the requests for […]
Read moreDecember 30, 2014 10:10 am
BAE Systems PLC unveiled intentions to double its customer base as Europes largest defense company plans to sell its NetReveal anti-tax evasion software to several of Europes governments. “Digital defense is the new frontier. It is a reality now,” said George Robbins, senior director and general manager at NetReveal, cited by the Financial Times. “For […]
Read moreDecember 30, 2014 8:39 am
Walgreen Co. announced on Monday that after a special meeting shareholders gave the green light to the deal with Alliance Boots GmbH and the following switch to a holding company structure. Under the deal Walgreen, the largest US drugstore chain by revenue, will acquire the remaining 55% of Alliance Boots which it doesnt already own. […]
Read moreDecember 29, 2014 3:27 pm
A month after Caesars Entertainment Corp. inked an all-stock deal to merge with affiliate Caesars Acquisition Co, announced additional information related to its restructuring plan. Caesars Entertainment Operating Co. will be transformed into an operating and a property company, managed and owned by a real-estate investment trust. Earlier this month the company said it would […]
Read moreDecember 29, 2014 3:01 pm
Yahoo! Inc. has put its focus on generating growth on wearable and other mobile devices. The Senior Vice-President of its mobile division, Adam Cahan, explained that competitive wearable devices like Apple Watch, for example, offer a great opportunity for Yahoo in 2015. According to Cahan’s statement, such wearables could be considered as new territory for […]
Read moreDecember 29, 2014 1:12 pm
Roche Holding AG announced that its Ebola test virus got approved by US health regulators and it would be used in emergencies to fight the deadly disease outbreak in West Africa. The Swiss drugmaker said that the US Food and Drug Administation has authorized the use of its LightMix Ebola Zaire rRT-PCR Test on patients […]
Read moreDecember 29, 2014 10:56 am
Audi, Volkswagen AGs premium-car brand, said that it plans to boost investments in technology development and the expansion of production by €2 billion to a total of €24 billion ($29 billion) over the next five years as it tries to globally outsell BMW, the leader in luxury-car sales. “We are making large investments in the […]
Read moreDecember 29, 2014 10:51 am
Zalando SE, Europe’s biggest online retailer, shifts poor-selling products to its brick-and-mortar outlets as the end of the holiday shopping craze approaches. Germany’s Zalando offers discounts of up to 70% for its low-demanted items that the six-year-old company took down from its website and moved to one of its two large warehouses in Frankfurt and […]
Read moreDecember 29, 2014 9:42 am
After the Chinese government officially announced on Friday that it was approaching a settlement of its antitrust investigation of the U.S.-based mobile chip manufacturer Qualcomm Inc., now the settlement is likely to make the global close monitoring over the company and its highly beneficial patent licensing operations even more serious. The U.S.-based Qualcomm refused to […]
Read moreDecember 29, 2014 9:11 am
Sony Pictures “The Interview” generated more than $15 million after it was released last Wednesday for online viewing, despite threats of cyber attacks. The controversial comedy, starring Seth Rogen and is about a television host who gets an interview with Kim Jong Un and is later recruited by the CIA to assassinate the North Korean […]
Read more