Member of Dunkin' Donuts's reward program in Rhode Island Massachusetts can now enjoy a mobile ordering service via "Dunkin VIP" mobile app, available for iOS devices. The company is seeking to roll out the program nationally and is collecting consumer data to achieve that goal.
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Statoil's venture capital fund makes its first investment in wind energy sector
Statoil Energy Ventures announced its first investment worth at about US$3 million in United Wind. The fund plans a total investment of $200 million in wind energy over a period of 4 to 7 years.
Canon, Biggest Contender for Toshiba Medical Unit, Offers $6.2 Billion
It's a race for Toshiba Medical Unit between Canon, Fujifilm Holdings, Konica Minolta and Permira Holdings. Nikkei said Canon has the highest bid amounting to $6.2 billion. Whoever the winner is, will be decided on Wednesday.
Philadelphia catching up in venture capital
The volume of Philadelphia's venture capital (VC) investments is showing a mixed pattern. Though VC investment grew in 2015 when compared with investments in 2014, the fifth largest city in the US has attracted venture capital investment less than its due share of total funding.
Cisco to invest $500 mln in Germany, $150 mln in Slack Technologies
Cisco Systems Inc is investing $500 million in Germany and $150 million in Slack Technologies Inc. The technology major is working closely with German public sector companies on technology projects and the government in formulating technology policies.
Latest News
Atlas Solution, a subsidiary of Facebook on Monday confirmed to cancel plan to integrate buying platform to its advertising platform. Bots and low quality ads has been the main reason.
Eurogroup President Jeroen Dijsselbloem said to begin review on Greece debt soon. The group will renew talk after Greek government continue its reform plan.
Chancellor of the Exchequer George Osborne face a hurdle in fulfilling his last year's ambition. In to eliminate budget deficit. Brexit issue and economic slowdown has decimated his plan.
Hyperloop, a high-tech futuristic transportation system initiated by Elon Musk, is now in progress with the help of crowdsourced teams formed after Musk open-sourced its blueprint. The technology will be tested this summer at SpaceX headquarters and is expected to be operating by 2020.
Long reluctance to e-commerce have delayed Costco operation to fully utilize the power of Internet retail. However, it seems the company has to start further the initiative as slow growth in Q2.
Fastjet has issued a profit warning once again owing to weak demand for flight journey. The company projects 2016 results to be below analysts' projection.
Brazilian iron ore miner Vale and Australian miner Fortescue, both have reduced their debt burdens significantly through disposing less prospective assets. Under such situations, news for tying up with each other seems to be unusual. But analysts observe the move as highly strategic to cope up with the market situation.
The Bank of Japan is reportedly anticipated to reduce its price and economic outlooks for the next fiscal years at a quarterly appraisal that is scheduled in April. The bank is trimming its growth outlook citing the failure of its previous stimulus pack.
Snapchat business is new, still evolving and advertiser interest is also experimental. But the app service provider has recorded revenue of $100 million during October last year. The company has set goal for up to $350 million revenue during the current year.
