Columbus, US-based natural gas compression startup Simple-Fill received an undisclosed amount of technology grant from the Technology Concept Fund, an investment fund backed by Ohio State University.
Automotive
Apple looking at cars, medical devices for growth: report
Apple Inc is looking at cars and medical devices to diversify its sources of revenue as growth from iPhones and iPads slow, according to a San Francisco Chronicle report.
Beijing Automobile signs deal to invest in American new energy firm Atieva
Chinese car manufacturer Beijing Automobile Group signed a deal to purchase 25.02% of the shares of Mountain View, US-based new energy firm Atieva for an undisclosed amount, and is later expected to launch a high-end electric vehicle.
Australian vehicle parts supplier MaxiPARTS acquires RW Internetional Parts
Victoria, Australia-based truck and trailer parts supplier MaxiPARTS acquired Wagga Wagga, New South Wales-based vehicle spare parts seller RW International Parts for an undisclosed amount to expand its retail network in the country.
Internet-connected machines to rise, wireless carriers say- study
The mobile carriers' connections for devices like cars, smart watches and thermostats are expected to increase to 250 million this year from last year's 195 million, Bloomberg reported.
Latest News
British helicopter airline Bristow Helicopters picked up a 60% stake in UK-based airline Eastern Airways International Ltd, with the two firms to continue operating as entities independent from each other, as part of the strategic investment deal.
In its fourth expansion via acquisition, Paris, France-based carpooling site BlaBlaCar added Podorozhniki for an undisclosed sum to tap into the market of Russia and Ukraine.
Karl Slym, managing director of India-based automotive firm Tata Motors Ltd, was found dead after falling from the 22nd floor of the Shangri-La hotel in Thailand in what police suspect as a suicide case.
Salzburg, Austria-based automotive retail software provider Incadea PLC raised around £11.5 million (€14 million) through issuance of ordinary shares to partially fund the acquisition of Germany-based firm RC Real Business Solutions GmbH (RCRBS).
Germany-based car maker Audi is investing in Paris, France-based bio gasoline startup Global Bioenergies, which makes cheap gasoline from sugar, as part of an effort to decrease greenhouse gas emissions amid stricter regulations.
San Francisco, California-based online car booking service Uber planned to venture into the Asia Pacific market and start hiring staff members across 14 cities, according to an Uber representative.
Eric Schmidt, the Executive Chairman of search giant Google, has warned that technological advances could eliminate a wide variety of jobs, the Financial Times reported.
Burlingame, California-based car buying service CarWoo! posted an announcement on its website saying the company will be shutting down, with some of its employees heading to rival TrueCar.
Indian state-run insurance firm Life Insurance Corp (LIC) sold a 2.001% stake in Pune-based metal forger Bharat forge in a deal valued at INR150.53 crore, reducing its total stake in the company to 5.0205%.
