Category: Business
AT&T Fires The First Salvo As Promotion Offers For New iPhones Kick Off
0Despite promising to avoid price wars that broke out last year after the launch of the iPhone 7, AT&T has broken the truce. The telecommunications giant is now giving away a ...
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Alibaba-owned Tmall Forms Partnership With New York Fashion Week
0Tmall, an online marketplace owned by Alibaba, is partnering with NYFW – New York Fashion Week, with a view to helping designers and brands from the United States participating in ...
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GE Capital Disposes Of Remaining Stake In Truck Leasing Firm
0General Electric has revealed that it has disposed of its remaining stake in a truck leasing firm, Penske Truck Leasing. The 15.5% stake was sold to a Mitsui subsidiary, MBK USA ...
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Comcast Looking To Offload Stake In Oriental DreamWorks
0The Comcast-owned Universal Pictures movie studio intends to sell the stake it owns in animation group Oriental DreamWorks after strategy disagreements with China Media Capital, ...
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Roku Files For An IPO As Diversification Starts Bearing Fruits
0Streaming software and devices maker Roku last week filed to go public. According to documents provided to the U.S. Securities and Exchange Commission, Roku is looking to raise ...
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VMware Cloud Now Available On Amazon Web Services
0Less than one year since Amazon Web Services and VMware announced a partnership VMware Cloud has now been made available on AWS. This was announced during the VMworld conference ...
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Red Hat And Microsoft Extend Partnership
0Red Hat, an open-source software company based in Raleigh, has announced the expansion of its current partnership with Microsoft. This comes in the wake of Jim Whitehurst, the ...
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Third “Mystery” Bidder Might Intercede Buffet’s Top Oncor Bid
0Warren Buffet has been trying to gain control of a Texas power company for some time now, with very little luck in negotiations with challenger, the hedge fund Elliott Management ...
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Facebook Using Data From Onavo To Crush Competition And Develop New Products
0Prior to Snap Inc publicly disclosing that it was facing slowing growth in its user base, Facebook was already aware courtesy of an acquisition it made in 2013 – Onavo. The ...
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Repatriation Tax Proposed As Cash Held Overseas By U.S. Firms Swells
0Reports indicate that tech companies such as Cisco, Microsoft and Apple have approximately $440 billion that they are holding overseas and which they can’t repatriate to the ...
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