Amazon is planning to enter into ocean freight shipping industry as the company has been awarded with a clearance from the Federal Maritime Commission. The license will entitle Amazon to act as Ocean Transportation Intermediary.
Tags: US news
Startup with a smart gardening system manage to raise $2 million in funding
Smart gardening startup Edyn announced today that it raises a $2 million seed round. The investment, led by Fenox Venture Capital, followed by other firm such as Ideabulb Ventures and also some angel investors
Parker Conrad steps down as Zenefits CEO
Parker Conrad, co-founder and CEO of Zenefits steps down from his post as the company is under lots of pressure to meet its revenue projection. Besides that, the company also is under investigation for breaking few insurance regulations in at least seven different states.
Colombia will receive $450 million fund from the United States
President Barack Obama said he would ask Congress for about $450 million in funding to help Colombia to reach an economic stability and peace in the country. Besides that the 'Plan Colombia' policy will also be changed to 'Peace Colombia' policy from now on.
Stryker acquires Sage for $2.76 billion
Stryker just reached an agreement with Sage to acquire the company for $2.76 billion in an all cash agreement. The acquisition is expected to boost Stryker's revenue in the coming years and the company will also enjoy $500 million in tax benefit.
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