Schlumberger had announced conclusive merger agreement with Cameron in which both companies shall combine in a stock and cash transaction. The agreement was unanimously confirmed by the boards of directors of both companies on Thursday.
United States
High market volatility forces investors turn to cash, gold
The stock markets last week witnessed shifting of priorities to gold and money markets funds as high volatility make equity markets uncertain following the steep fall of over nine percent on Chinese market on opening day of the week Monday. This has led to record outflows from equity funds during the week.
The Internet of Things is worth $7T market opportunity - IDC
Internet of Things (IoT) is poised to become a $7-trillion market over next five years on the most conservative basis and 50 billion new connections during the same period. Some other project the mobile wallet industry will be worth $14.4-trillion market in the near future.
Richest man in Asia acquires World Triathlon Brand for $650M
Wang Jianlin, head of Dalian Wanda Group, agreed to buy the Ironman Triathlon races organizer in a deal amounting to $650 milion. The deal was announced Thursday in a move for Asia's richest man to diversify his sports fortfolio. The developer also mentioned the possibility of another sports related purchase before the year ends.
September 9 Apple Event may bring out a revamped Apple TV and the iPhone 6S
Apple recently announced its iPhone launch, which will be on September 9 at San Francisco's Bill Graham Civic Auditorium. There are reports that Apple will unveil an enhanced Apple TV and iPhone 6s.
Latest News
Business groups criticized the decision of the National Labor Relations Board on Thursday for companies and subcontractors to unionize low-wage service sector employees.
Facebook gives Apple, Google, and other companies providing users with virtual assistants a run for their money. The company has launched M, a digital helper that makes use of artificial intelligence and human knowledge.
South Carolina - The Republican billionaire presidential candidate, Donald Trump, on Thursday, said he would decide in time if he will sign a pledge for the Republican presidential nominee. South Carolina Republican Party requires signing the pledge in order to vie for SC's critical primary.
YouTube has officially launched its gaming hub, where gamers can post game plays and commentary. It is also a platform for live-streaming.
Mark and Britnee Johnston spent a whole year's vacation leave days or two weeks on a trip to Vietnam. It was their first long trip as a couple and as they toured the small Asian country and talked to other travellers, two weeks of travel suddenly didn't seem enough. Mark said that they felt unsatisfied thinking that they have to wait another year to have another vacation again.
Twitter disclosed its most recent staff diversity statistics along with its goal to have more colored people and more women employees in 2016.
No more square photos! Previously, there were fewer options when uploading photos on Instagram but its latest update, available on both iOS and Android platforms, will allow users to show off an entire photo even if it's not square-shaped.
It has been nine months since OPEC made a choice to abandon its production target unalterable and pursue market share rather than trying to prop up prices, the group is now faced with a set of complicated issues and decisions going forward.
U.S. International Trade Commission terminates the patent infringement case filed by the InterDigital Inc. against Microsoft Corporation. ITC is breaking off the import ban of Microsoft handsets.
