Tags: US

RadioShack announces closure of 1,100 stores across the US

Texas, US-based electronics retail franchise chain RadioShack announced the closure of 1,100 out of its 4,000 stores across the US in a bid to save the company after a massive revenue loss over the holidays.


Irish drug firm Perrigo picks up Aspen Global products in $51M cash deal

Dublin, Ireland-based over-the-counter (OTC) drug manufacturer Perrigo Company PLC picked up a set of products being marketed in Australia and New Zealand from South African firm Aspen Global Inc in a $51-million cash deal.

Danish game developer Interceptor acquires 3D Realms

Aalborg, Denmark-based game developer Interceptor Entertainment acquired Texas, US-based video game publisher 3D Realms (Apogee Software Ltd), the creator of Duke Nukem, for an undisclosed amount.

Britain to ditch tax on Bitcoin trading

As opposed to the move that other countries are taking, the British government is planning to ditch the tax levied on Bitcoin trading, but the cryptocurrency will still be subjected to corporation and other taxes.


Latest News

Berrien Springs, Michigan-based tech incubator Rurban launched a crowdfunding campaign on Kickstarter to raise $150,000 by the end of march for the initial planning for Data Studio, a tech hub where entrepreneurs can converge and develop ideas.
Miami, US-based anti-fraud startup Kairos AR raised $1.2 million in a Series A funding round led by Boca Raton-based investment firm New World Angels for the development of its facial recognition software.
California, US-based electronics giant Apple is currently working on a software update that will improve the fingerprint recognition ability of its Touch ID system, based on a report by AppleInsider citing a source familiar with the situation.
Chuluota, US-based social food network Modernmeal wants to help families eat good meals at home by providing a website where users can create, compile, and share their own or others' home recipes.
Chicago, Illinois-based travel booking site Orbitz Worldwide snapped up Southlake, Texas-based private-label travel solutions firm Travelocity Partner Network, the affiliate network of Travelocity, for an undisclosed amount.
David Goel, the manager of Waltham, Massachusetts-based hedge fund Matrix Capital Management, bought a three-bedroom apartment in Manhattan fro Charles Bronfman, the heir of Canadian beverage firm Seagram Co, in a deal valued $19 million.
Indiana, US-based commercial vehicle manufacturer Supreme Industries Inc is about to divest its shuttle-bus business to Elkhart-based recreational vehicle maker Forest River Inc in a deal valued at $7 million.
Engineers of California, US-based on-demand Internet streaming service Netflix hacked a Fitbit activity tracking device and activated a feature that auto-pauses the video when the watcher falls asleep and allows him to resume watching when he wakes up.
Mountain View, US-based investment firm 500 startups organized Rainbow Round, a monthly meeting where members of the LGBT (Lesbian, Gay, Bisexual, and Transgender) community from the tech sector can talk about their interests and struggles.
US-based search giant Google got mocked by several netizens yesterday after it launched the Scraper Report, a tool that fights content stealing, because according to them, the company itself is practicing web scraping.
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