As common sense begins to sink in, it has become evident that there is no good reason to own Bitcoins, Edward Hadas of Reuters Breakingviews writes.
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Bristol-Myers Squibb is reportedly exiting its stake in a diabetes joint venture with AstraZeneca for $3 billion
Bristol-Myers Squibb is reportedly exiting its stake in a diabetes joint venture with AstraZeneca for $3 billion. Bristol-Myers shifted its focus from producing diabetes and hepatitis C treatment drugs to medicines harnessing the immune system to fight cancer.
Spain's Banco Sabadell plans to add 25 more branches to its existing 42 branches in Angola to target the growing millionaires
Banco Sabadell, a Spain-based bank, plans to add 25 more branches to its existing 42 branches in Angola to target the growing millionaires in the country.
California, US-based firm Planet Labs has closed a fresh $52 million from a recent funding round to launch small satellites into space
California, US-based firm Planet Labs has closed a fresh $52 million from a recent funding round to launch small satellites into space and gather data about the Earth.
Dish Network Corp is looking to offer a bid to acquire telecoms company T-Mobile US Inc
Dish Network Corp., which lost out to Japan's SoftBank in its attempt to buy Sprint Corp., is looking to offer a bid to acquire telecoms company T-Mobile US Inc. Sprint last week said that it is considering to bid for T-Mobile.
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Seattle, US-based customer relationship management (CRM) company Stride has been acquired by KISSmetrics and Crazy Egg founders Neil Patel and Hiten Shan, who plan to market the service and make it easier to use.
Private equity firm Carlyle Group had put up for sale its specialty chemicals business PQ Corp. for $3 billion. Carlyle has tapped investment bank Credit Suisse to explore an outright sale or IPO of PQ.
San Mateo, California-based big data analytics firm Datameer raised $19 million in a Series D funding round led by Next World Capital that brings its total funding to $36.6 million.
Munich, Germany-based travel marketplace Excursiopedia has added Moscow, Russia-based startup Travelatus in an effort to become a leader in the international travel industry and help travelers find local activities.
The Bitcoin's price instability is a reflection of the digital currency's vulnerability to the decisions of government officials, The New York Times The Dealbook reported.
Money manager Kenneth Feinberg who co-manages the Davis New York Venture Fund and Selected American Shares will be leaving the New York-based investment firm by the end of this year.
Boston-based firm Curoverse secured $1.5 from a seed funding round to develop and commercialize its private beta technology that helps biomedical researchers in storing and analyzing human genetic data.
A 50-50 joint venture to develop a CNY 2.58 billion or $425 million land in Hangzhou was formed between Greentown China Holdings and Wharf Holdings.
Israel-based public transit app Moovit has closed $28 million from a funding round led by Sequoia to improve its service that gives commuters a real-time perspective of the best public transportation routes.
