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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


Turkey’s Stripe-like Iyzico Closes $6.2 Million Series B; supported by World Bank in plans to expand in the Middle East

Iyzico's $6.2 million series B funding will focus on expanding globally and targeting the Middle East. Experts and backers support the plan.

May 29, 2015 3:49 AM EDT


Chinese microblogging site, Weibo, set to invest $142 million in top domestic taxi-hailing apps; Didi Taxi and Kuaidi taxi expects $6 Billion Value

The Chinese microblogging site, Weibo, is now on the verge of investing $142 million into two of China's top taxi-hailing apps.

May 29, 2015 2:09 AM EDT


Amazon Prime's Same-Day Delivery Grows Larger, Free Delivery Will Be Offered To Prime Members

Amazon rolls out a new feature in their service and it includes a free-of-charge same-day delivery. This will be available to 14 US metro areas and will be open to prime members with purchase of at least $35.

May 29, 2015 1:51 AM EDT


Sally Beauty Holdings Inc. Suffers From Security Breach, Some Payment Cards Confirmed To Be At Risk

Sally Beauty Holdings Inc. suffered from a security breach earlier this year. They have recently confirmed that some payment cards under their system are at risk due to the breach.

May 29, 2015 1:49 AM EDT


Payfirma raises capital while planning for 2016 IPO

Canada based Payfirma plans to have an initial public offer by 2016. In the meantime raising capital to expand in the US keeps CEO Michael Gokturk busy.

May 28, 2015 10:46 PM EDT


Nielsen will monitor digital ads in China after forming new partnership with Tencent

Nielsen is now going to start measuring digital ads in China after forming a new partnership together with Tencent.

May 28, 2015 11:00 AM EDT


Twitter continues to ask Chinese companies to buy advertising space on their service, despite being blocked in China

Twitter woos Chinese companies in the hope that they will buy advertising space on their service, even though it is blocked within China.

May 28, 2015 10:56 AM EDT


Cost of data breaches rises to an estimated $3.8 million on average according to a recently concluded study

The cost of data breaches now escalate to an estimated $3.8 million on average according to the findings of a recent study.

May 28, 2015 10:30 AM EDT


Walmart Shipping Pass will compete with Amazon Prime; Unlimited Shipping Program aims to get more loyal customer

Walmart free-shipping will compete with Amazon Prime's $99 a year membership fee while Target cuts back its minimum purchase to $25. Which one of these three will customers go for?

May 28, 2015 10:17 AM EDT


CBS CEO Les Moonves Reveals Network Might Have A Deal With Apple TV, Says He Is Excited About Possibility

Apple is set to launch its new TV service called Apple TV while CBS might be interested in making a deal with the company. CBS CEO Leslie "Les" Moonves announced that they are excited for the possibility of striking a deal with Apple.

May 28, 2015 10:14 AM EDT


Jawbone Sues Wearable Fitness Tracker Maker Fitbit Over Data Plundering

Jawbone and Fitbit are two of the largest wearable fitness tracker makers in the industry. Jawbone claims in a lawsuit that Fitbit hired its employees and is now suing Fitbit over data plundering.

May 28, 2015 10:06 AM EDT


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