General Electric Co. terminated the agreed $3.3 billion acquisition of Sweden's Electrolux AB on its appliance business. According to The Wall Street Journal, GE was under pressure by the U.S. Justice Department, which was blocking the sale due to antitrust issues.
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Takata downplayed air bag crisis and lost major investor because of it
How Takata Corp. handled their air bag crisis is the very reason why they lost one of their biggest investors, Sawakami Asset Management. In a statement published from Bloomberg News, Sawakami's fund manager, Takahiro Kusakari, said they could not help but feel Takata's management is not trustworthy.
Google Life Sciences is now Verily
Alphabet Inc., the parent company of Google Inc., has renamed its experimental laboratory and life sciences division as the company is starting to restructure. The division that was originally named "Google Life Sciences" is getting a new name: Verily.
The BMW i8 Spyder will be in production very soon, says CEO Harald Krueger
The BMW i8 Spyder was first seen as a concept in the Beijing Auto Show back in 2012, but now, CEO Harald Krueger said a production version of the car will be introduced very soon.
Apple joins Hour of Code project by using stores as classrooms to teach coding
This year, Apple is supporting the annual Hour of Code program by using all of its 468 stores all over the world as temporary classrooms teaching coding. Craig Federighi, Apple's senior vice president of software engineering, hopes to create a spark from this project among millions of children.
Latest News
Hong Kong's international financial hub is reeling under pressure as the world's largest and second largest economies are impacting it more in a negative way.
A Madrid base service and infrastructure company, Ferrovial SA offered a total of A$715 million in cash to acquire more than half of stakes in Broadspectrum Ltd. The new offer makes by the company comes after the Australian company rejected its previous offer a year ago that value the company at A$1 billion.
The character list of the coming fighting game Pokken Tournament is growing as game developer introduced new sets of playable heroes.
Although Ragnar Lothbrok, the main man of the series, will say goodbye anytime soon, the story for the fourth installment gets more exciting as the plot thickens on Ragnar facing a tough decision for his friend Floki. Meanwhile, History Channel’s general manager Dick Hoogstra is optimistic on the show’s ratings for next season.
Following the release of Star Wars Battlefront on November this year, many gamers observe that the first person shooter is lacking in depth. Game developer also hinted that the next Star Wars might include single player mode.
After several months for gaming fans of waiting in vain, game developer From Software has officially announced that Dark Souls 3 will be launched on April 12 next year in US on PS4, Xbox One, and PC. Japanese gamers, however, will be first to get their hands on the full game on March 24.
EA Sports has released a new roster update for NBA Live 16 with Kristaps Porzings, Hassan Whiteside, Karl-Anthony Towns and Andre Drummond's ratings going up, and Kobe Bryant, LaMarcus Aldridge, Klay Thompson, Marc Gasol, DeMar DeRozan and Ty Lawson's rating went down.
Bradley Cooper and girlfriend Irina Shayk didn't celebrate Thanksgiving together but this was only due to Shayk's work. The two are reportedly going strong in their relationship plus there are rumors of them living together and even marrying soon.
Epic Games announced the debut of its action-centric MOBA, Paragon, in a cinematic trailer. Meanwhile, the developers also addressed some confusion issues regarding the game.
