Archives
Chipotle expects to report loss in Q1
Chipotle said that it expects to report a loss of $1 per share in the first quarter. The company expects to incur additional costs with respect to marketing and food safety measures.
Crate Technology Raised $4 Million Seed Fund to Develop Next Generation SQL
The winner of 2014 TechCrunch Disrupt Europe startup Battlefield announced its seed funding round. Crate announced the funding on Tuesday.
Aurora Flight Sciences Develops Vertical Takeoff X-plane with Defense Agency and Investment Firm
Aurora Flight Sciences has been awarded a $89 million worth contract with a defense agency DARPA. The company is developing new design and technology that could enable its X-plane to do a vertical take-off, as well as hover and fly forward efficiently, potentially revolutionizing the military and commercial aviation sector.
China Will Regulate Ride Hailing Services while Indonesia Plan to Ban Them
China will try to draw up rules to regulate ride hailing service as the market has grown very big. Meanwhile Indonesia transportation minister plan to ban Uber and GrabTaxi.