Taxi app Gett launches a new service called "Gett Courier" to up its game among competition. The new service promises to deliver packages across London within an hour, by an excellent team of delivery boys and girls who have undergone an intense study of the streets and by-lanes of London.
Industry
Tim Cook Finally Invited For Testifying Before Congress Subcommittee
The US Department of Justice has been favored with a court order in getting technical assistance from Apple for unlocking an iPhone. Apple CEO has vowed to challenge the court order citing iPhone security. Finally HECC has come forward to end the dead lock situation with invitation to Tim Cook for discussing a possible solution mentioning no set date.
Lower Inventory, Higher Demand: Phoenix Real Estate Eyeing A Boom In 2016
Prices usually fall amid plenty of inventories. But 2016 appears as a booming year for Phoenix Real Estate due to increased demands from the buyers. Lack of new construction during the last seven years and soaring up house rents are the contributing factors for the rise in demand. Reduction of inventory in 2015 by 5.5% coupled with increased sells in recent days, accelerate the booming for Phoenix.
HSBC Biometrics Prevent Hackers and Identity Theft
This summer HSBC will allow 15 million customers to use the biometric system where account owners can access their accounts online through their fingerprints or voice. This scheme would make hackers and identity thefts difficult to mimic the real owners.
Salesforce acquires technology startup PredictionIO
Salesforce has been on acquisition spree and latest PredictionIO is the 36th acquisition for it. Salesforce will further enhance technology applications range in machine learning and big data analytics.
Latest News
Local smartphone manufacturer Ringing Bells, launched an affordable smartphone called the Freedom 251 on Wednesday. With immense support from the India government, it released the smartphone in attempt to connect every Indian.
Lumia 650 is the latest product from Microsoft that was launched on February 15. Though it is aimed at business-oriented users, the phone doesn't have the business-friendly Continuum feature which is deemed significant to its target market.
Apple Inc. offers second largest bond sale this year for its capital return plan. The Company has released its fifth multibillion dollar offering since 2013.
TimkenSteel Corp. hired finance and management consulting company PricewaterhouseCoopers to help explore financing options amid plunging commodity prices.
The renewed activity of football Premier League is bringing cheer to Leicester city. The flourishing economic activity in the far neglected city is reviving the hopes on rebalancing the UK economy. Economists suggest for enhanced economic activity in East Midlands for rebalancing Britain's economy.
Dallas-based Modo Payments has raised $2 million in a funding round headed by Tim Keith. The company will use the money from funds to widen its payment services buisness.
The soda maker Cott Corp posted fourth-quarter adjusted net income of US$3 million, boosted by the growth in the DS Services coffee and water home delivery business.
Indian retail pharmacy sales have been expected to cross $11.5 billion in 2015. Many startups have appeared in the market of online medicine and CareOnGo takes a leading position among them in online pharmacy market. It has raised $300,000 for its seed fund round which will be used for its expansion in different major cities of India.
San Fransisco-based biotech accelerator IndieBio is determined to help biotech startups the way other accelerators have done for IT startups. The firm believes that biotech is a highly important sector to boost the quality of humanity and economy, and is convincing other investors to have the same vision.
