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Markets

Lema21 and EÓtica merger likely to boost Brazil’s $26 billion eyewear industry

Two of the largest venture-backed players in the Brazilian multibillion dollar eyewear industry have merged their business.

Jun 02, 2015 5:02 AM EDT

News

Jolla Promotes Sailfish OS to BRICS Countries to Counter Android and iOS

Jolla promotes it flagship independent OS Sailfish to the BRICS countries starting in South Africa. The Finnish developer Jolla announced an extension of its strategy to the BRICS countries to promote its flagship operating system Sailfish.

World

Credit Suisse names Cameron Lester head of Internet Banking

Credit Suisse appoints Cameron Lester as head of the global internet banking division. Lester will be replacing Imran Khan who left the firm in December.

News

IHOP Logo undergoes facelift after 2 decades

IHOP decided to have a logo facelift. The brand is commited to giving a service with a smile. IHOP Restaurant has undergone a welcome facelift for the first time in two decades.

Avago to buy Broadcom for $37 billion; Deal deemed to be the largest acquisition in technology this year

Avago Technologies Ltd to buy Broadcom Corp for $37 billion. The purchase of Broadcom by Avago is second largest deal this year. Broadcom connectivity chips are used widely in smartphones made by Apple Inc and Samsung Electronics

Jun 01, 2015 10:15 AM EDT

FCC’s Tom Wheeler Plans Broadband Internet Access for Low-Income Americans

Federal Communications Commission’s Tom Wheeler proposed a plan on Thursday to offer subsidized broadband internet access to low-income users. Read to find out more.

Jun 01, 2015 8:54 AM EDT

GeForce GTX 980 Ti: Nvidia's New Flagship For The Gaming World

Nvidia introduces its new graphics card called GeForce GTX Ti for better 4K graphics for gamers. Nvidia recently released a new and improved graphic card called the GeForce GTX 980 Ti shortly after the release of its previous version, GeForce GTX Titan X.

Jun 01, 2015 8:27 AM EDT

3SBIO Inc offers $712 Million IPO after NASDAQ delisting

Giant Chinese pharmaceutical company 3SBio launched up to $712 Hong Kong initial public offering for a total of 606.1 million shares at HK$8.30 to HK9.10 a share even after being recently delisted from Nasdaq.

Jun 01, 2015 7:58 AM EDT

Intel in talks to acquire Altera

Chipmaker Intel is set to buy Altera for $10 billion. The deal would add about $2 billion to Intel's annual revenue.

Jun 01, 2015 5:03 AM EDT

Apple Pay may soon come to Target stores

Target CEO Brian Cornell speaking at the code conference said he would like to offer customers the option of Apple Pay but first wants to introduce secure chip-and-PIN card payment system at all Target outlets.

Jun 01, 2015 4:34 AM EDT

The Equinix and Telecity Deal: Global Data Domination Starts in Europe

American data center operator Equinix Inc. acquires European data center Telecity Group plc for a $3.6 billion deal. The deal puts Equinix’s plan of global domination in motion as other European data operators brace themselves for a bigger and meaner completion in the face of the merger.

Jun 01, 2015 3:24 AM EDT

Vodafone open to a European tie-up with Liberty Global

Vodafone, a British multinational telecommunications company is now opening its doors in tying up with an international telecommunications and television company which is Liberty Global.

May 31, 2015 11:20 PM EDT

TrueCar Website Visitors Increased By 40 Percent During Memorial Day Weekend, Earned 6.2 Million From USAA

TrueCar reached its target number of website traffic during Memorial Day Weekend. TrueCar Inc, a U. S. online car shopping service announced it anticipated website traffic to obtain high levels record in May, boosted by guests during Memorial Day Weekend.

May 31, 2015 10:42 PM EDT

Being “social” is what counts in London’s fashion start-ups

Being social is what counts in London’s fashion start-ups. Fashion companies have made success by jumping into the world of social media.

May 29, 2015 4:10 AM EDT

Startup home sensor company Notion raises $2 million for in-home monitoring unit

Startup home sensor company Notion brings in $2 million worth of funds for its new in-home monitoring unit.

May 29, 2015 4:03 AM EDT

Nokia Networks primed to purchase Eden Rock Communications

Nokia Networks is now closing on a deal to formally purchase Eden Rock Communications. The network arm of the Finnish phone company Nokia is now closing on a deal to formally purchase Eden Rock Communications, a known maker of self-organizing networks, otherwise known as SONs.

May 29, 2015 3:52 AM EDT