Category: Business
AT&T Fires The First Salvo As Promotion Offers For New iPhones Kick Off

AT&T Fires The First Salvo As Promotion Offers For New iPhones Kick Off

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Despite 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

Alibaba-owned Tmall Forms Partnership With New York Fashion Week

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Tmall, 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

GE Capital Disposes Of Remaining Stake In Truck Leasing Firm

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General 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

Comcast Looking To Offload Stake In Oriental DreamWorks

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The 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

Roku Files For An IPO As Diversification Starts Bearing Fruits

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Streaming 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

VMware Cloud Now Available On Amazon Web Services

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Less 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

Red Hat And Microsoft Extend Partnership

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Red 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

Third “Mystery” Bidder Might Intercede Buffet’s Top Oncor Bid

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Warren 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

Facebook Using Data From Onavo To Crush Competition And Develop New Products

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Prior 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

Repatriation Tax Proposed As Cash Held Overseas By U.S. Firms Swells

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Reports 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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