Beepi to Raise Funds, International Expansion Likely to Happen on 2016
Beepi is planning to expand their business and even go international in the coming years. Learn more about the plans for business growth and development.
Jun 03, 2015 9:21 AM EDT
JOBS Act’s, Title IV Regulation A+ ruling; Is your company ready to go public?
Know more about JOBS Act’s, Title IV Regulation A+ ruling. Is your company ready for it? U. S. SEC has now allowed non-accredited investors to join in equity crowdfunding and investment in private startups and other small businesses.
Softbank is Supercell's sole external shareholder; Clash of Clans’ Developer to Focus on Few Games
Softbank is now the only external shareholder of Clash of Clans' developer, Supercell. The current CEO Ilkka Paananen will still head the company.
Blackberry Settles Patent Dispute With Seacrest's Company Typo, Stopping Keyboard Sales for Smaller Mobile Devices
BlackBerry settles dispute with Ryan Seacrest's company Typo Products, disallowing the host's company to sell keyboards for mobile devices with screens smaller than 7.9 inches.
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Uber Hires Its First India President To Lead Its Business In The Country, Proves Commitment to South Asian Market
Uber is proving its commitment to the South Asian market by hiring its first president Amit Jain in India. Amit Jain used to work for Rent.com, TPG Capital and McKinsey. Now, he is in charge of overall business strategy, operations, and growth in a market of global strategic importance for Uber- India.
Jun 02, 2015 10:28 PM EDT
Reddit CEO Ellen Pao files an appeal on lost sex discrimination case against Kleiner Perkins
Ellen Pao files a notice of appeal on Monday in regards to her case against Kleiner Perkins Caufield & Byers in a gender discrimination trial. Pao has yet to state the grounds of her appeal of the ruling within the next 40 days.
Jun 02, 2015 10:28 AM EDT
Amazon is testing a new feature called Stream
The new feature, called Amazon Stream, is in its testing mode. No official announcement regarding the the new feature has been made by Amazon.
Jun 02, 2015 9:55 AM EDT
Qunar raises $500m, turns down Ctrip acquisition offer
Qunar secures 500 million investment from Silver Lake for $330 million, while $170 million will come from an undisclosed investor. The investment will be used in expanding mobile presence, growing business lines, and enhancing technology.
Jun 02, 2015 9:46 AM EDT
Nvidia targets $1 billion revenue from cloud computing in 3 years
Nvidia revenue from cloud computing will hit the $1 billion mark within the next two to three years. The company claims that the increase in revenue will be due to increasing demand for big data analysis, which will then drive growth for its graphics chips. Shares of the company went up 1% to $22.35 in early market trading on Monday.
Jun 02, 2015 8:30 AM EDT
Airbus Group lands at Silicon Valley to set up innovation center and VC fund
The European plane maker announced to start new technology innovation center in Silicon Valley. This new venture worth $150 through venture capital fund group- Airbus Venture Group, is being looked as a move to woo potential technology partners.
Jun 02, 2015 8:16 AM EDT
NetaApp CEO Tom Georgens Steps Down: Executive VP George Kurian Steps Up As CEO; Netapp Rumored to Cut About 500 Jobs?
CEO Tom Georgens left his job, and NetApp gives his position to Executive Vice-President of Product Operations George Kurian. The company is also cutting 500 jobs.
Jun 02, 2015 5:29 AM EDT
Lema21 and EÓtica merger likely to boost Brazil’s $26 billion eyewear industry
Two of the largest venture-backed players in the Brazilian multibillion dollar eyewear industry have merged their business.
Jun 02, 2015 5:02 AM EDT
Jolla Promotes Sailfish OS to BRICS Countries to Counter Android and iOS
Jolla promotes it flagship independent OS Sailfish to the BRICS countries starting in South Africa. The Finnish developer Jolla announced an extension of its strategy to the BRICS countries to promote its flagship operating system Sailfish.
Jun 02, 2015 3:49 AM EDT
Credit Suisse names Cameron Lester head of Internet Banking
Credit Suisse appoints Cameron Lester as head of the global internet banking division. Lester will be replacing Imran Khan who left the firm in December.
Jun 02, 2015 3:07 AM EDT
IHOP Logo undergoes facelift after 2 decades
IHOP decided to have a logo facelift. The brand is commited to giving a service with a smile. IHOP Restaurant has undergone a welcome facelift for the first time in two decades.
Jun 02, 2015 1:53 AM EDT
Avago to buy Broadcom for $37 billion; Deal deemed to be the largest acquisition in technology this year
Avago Technologies Ltd to buy Broadcom Corp for $37 billion. The purchase of Broadcom by Avago is second largest deal this year. Broadcom connectivity chips are used widely in smartphones made by Apple Inc and Samsung Electronics
Jun 01, 2015 10:15 AM EDT
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