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Ford invests $1.3B to support production of 2017 Ford F-Series Super Duty
Ford will invest $1.3 billion in its Kentucky Truck Plant to support the production of its 2017 Ford F-Series Super Duty truck.
Japan state-fund mulls picking stake in Sharp Corp
Japan state-backed fund is keen on acquiring stakes in Sharp Corporation for Yen 200 billion ($1.63 billion). Sharp Corp recorded Yen 50 billion operating loss for the first half of 2015. The LCD business unit of Sharp Corp is a major contributor to the losses. Sharp is planning to spin off LCD business unit and later it may consider stake selling, according to media reports.
Spotify is now the number one music streaming service globally
Spotify is now the world's most popular streaming music service, according to a new report from app analytics firm App Annie. The report also disclosed that Spotify has defeated ts biggest competitor; Pandora in terms of active users, downloads and revenue.
Facebook plans to set up its first Asian data center in Taiwan
Facebook plans to build its first Asian data center in Changhua County, Taiwan. The company plans to invest $300 million for the data center that will sit on 20 hectares of land.