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Biogen to cut 880 jobs and end several research projects in company restructuring

Biogen stated that it will cut about 880 jobs and stop some research project in drug developments due to the company restructuring. The move will save $250 million in a year and will be invested back for more promising programs.

Oct 23, 2015 12:49 AM EDT


Starbucks and Fiat are required to pay back millions in taxes to Dutch and Luxembourg Government

The European Commission agreed that both Starbucks and Fiat have been benefiting under illegal tax system. Based on the new ruling, more corporation are expected to be under investigation soon.

Oct 22, 2015 01:47 AM EDT


Self-lacing shoes from Back to the Future comes alive

Nike prepared to launch its self-lacing shoes, as portrayed in Back to The Future movie to market. They have sent the first pair to Michael J.Fox, the main star in the movie. After almost 30 years, Nike prepares to launch this futuristic shoes.

Oct 26, 2015 02:07 AM EDT


Credit Suisse to raise $6 billion for new chief's overhaul strategy

Zurich-based investment bank Credit Suisse plans to raise 6 billion Swiss francs as support for its new chief Tidjane Thiam who seeks to overhaul the entire bank.

Oct 22, 2015 01:17 AM EDT


Apple creates quality program to address MacBook 'Staingate' problem

Apple created the Quality Program to replace the anti-reflective display coating of some Retina MacBook Pro included in the “Staingate” issue.

Oct 21, 2015 09:47 PM EDT


Magic Leap releases new video on its augmented reality technology

Magic Leap showed a glimpse of what its augmented reality technology is capable of. Its CEO showcased a video clip of how amazing the system is during the WSJDLive 2015 Conference October 20.

Oct 21, 2015 09:41 PM EDT


Canada's new Liberal Prime Minister under pressure to deliver promises

Right after defeating his Conservative opponents, Canada’s new Prime Minister-designate Justin Trudeau is immediately under heavy pressure to perform.

Oct 21, 2015 09:17 PM EDT


Ferrari prices IPO at $52 per share, bringing its market capitalization to $9.8Bn

Italy-based luxury car maker Ferrari prices its initial public offering at $52 Tuesday, bringing its market capitalization to almost $9.8 billion.

Oct 21, 2015 09:27 PM EDT


Conditional approval for Nokia-Alcatel deal in China

The China's Ministry of Commerce has approved the Nokia's acquisition plan for Alcatel-Lucent with some conditions on the Euro15.6billion ($17.6bn) deal's antitrust process. Nokia has agreed to meet certain terms by 10 December. Nokia has to ensure that market competition wouldn't be impacted with the takeover, which is expected to be completed in first half of 2016.

Oct 21, 2015 09:09 PM EDT


Challenges of Internet of Things to Transform High Tech Marketing

With the emergence of more inter-connected device, new opportunites for high tech marketing appear. However, standardization and security have become challenge in order to expand the IoT adoption.

Oct 27, 2015 09:35 AM EDT


Asus may be building its own version of HoloLens at a more affordable price

PC maker Asus showed its interest to be a third-party manufacturer for Microsoft's HoloLens, the augmented reality headset that will be in the market in 2016. Asus would make its own version HoloLens at a more affordable price.

Oct 22, 2015 01:41 AM EDT


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