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Columbia Capital Closed $500 Million Venture Fund Targeting Internet Infrastructure
Columbia Capital closed its sixth fund on Tuesday. The firm will target internet infrastructure, mobile technology and cloud service.
Tech Innovation: Scientists Developed a 5D Data Storage That Could Preserve Human History for Billion of Years
A team of scientists from the University of Southampton's Optoelectronics Research Center (ORC) developed a technology that could store documents and information of the human history for billion of years. The data could survive extreme conditions and when retrieved the data could show five-dimensional information.
GE explores Iran as a potential oil and gas business opportunity
GE Oil & Gas CEO Lorenzo Simonelli's visit to Iran has started speculations regarding the American company seeking opportunities in the rapidly improving Iranian oil and gas sector. Simonelli is among the first few Americans to step into this country after its international sanctions over nuclear programs were finally lifted. Iran is now focused on sweetening the oil development contracts to attract foreign investors.
Airbus Secured $1.8 Billion Contract From Philippine Airlines
Airbus Group wins the contract for the Philippine Airlines' new aircraft order worth $1.8 billion. The Southeast Asian carrier is looking forward to carry passengers to New York and U.S. West coast.