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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


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


China cyber security plan aims to protect state secrets vs. cyberspying; foreign tech business may weaken in said country

China’s new cyber security plan aims to protect state secrets against cyber spying. The said move may affect foreign technology companies as China shows stroong preference for local brands..

May 29, 2015 1:40 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


Nebraska Is First Ever Conservative State To Vote Against Death Penalty, Lawmakers Abolish Governor's Veto Power

Nebraska is the first ever Republican state to vote against capital punishment on Wednesday after four decades. Legislators from Nebraska were able to override the veto power of Nebraska's governor.

May 28, 2015 10:39 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


Obama won't plead to Supreme Court over executive immigration action; Admin counting on 5th circuit appeal

The Obama’s administration chooses not to bring to the Supreme Court a judge’s recent decision to halt the government’s immigration policies. It will instead wait for the result of its appeal on the 5th circuit.

May 28, 2015 9:39 AM EDT


Supreme Court orders Big Pharma to pay damages for prescription drug disposal in Alameda County

The Supreme Court has ruled that Big Pharma should pay damages for disposing prescription drugs in Alameda County. The top court declined the pharmaceutical industry’s proposal to the County that entails drug makers to cover the cost of discarding unused medicines of consumers.

May 28, 2015 9:23 AM EDT


Novartis robotic pills will transfrom injected medicines into ingestible micro needles

Rani Therapeutics is studying Novartis drugs adminstered through injection and its viability as a robotic pill. This breakthrough offers ingestion of micro needles.

May 28, 2015 9:18 AM EDT


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