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Google Hangouts transition to 720p HD video

Google told GigaOm that the internet company has been leaning to standardize the video chat feature of Hangouts to 720p HD.


US government, UA and AA open to settlement of fight over merger

A document released on Wednesday discussed that the US Justice Department was open to settle the antitrust lawsuit it filed against US Airways(UA) and American Airlines (AA).

Zurich Insurance chairman resigns

Zurich Insurance chairman Josef Ackermann resigned in relation to the suicide of the insurer company's CFO, Pierre Wauthier.

Elster acquisition boosts revenues of Melrose Industries

The purchase of Elster helped Melrose Industries increase its revenues for the first half of this year.


Latest News

Taiwan-based Advanced Semiconductor Engineering Inc would be selling convertible bonds to raise USD 400 million.
German insurance firm Allianz announced that it is nearing a deal to outsource its information technology services.
MMG Ltd expressed interest in working together with partners as it seeks to further grow its business.
Barclays hired investment bankers Paul Knight and Michael Rawlinson to lead its global metals and mining team.
Blackrock Inc victorious in court battle as U.S. district judge dismisses compensation lawsuit. A U. S. judge dismissed a lawsuit filed against BlackRock claiming it looted securities-lending revenues from iShares exchange-traded funds investors.
Bill Ackman lost half his investment after selling entire J.C. Penney stake to Citigroup. Former board member Bill Ackman is officially through with the retailer.
US government widened probe into JPMorgan's hiring practices to include countries across Asia. An investigation into JPMorgan's hiring practices in China uncovered evidence that links hires to specific deals.
Capital One hires former bankers to spearhead the credit card company's expansion into the energy business.
Blackstone finalized a settlement with its investors over alleged misrepresentations during its IPO.
Verizon is now in discussion with banks to fund the USD130 billion buyout offer for Vodafone's 45% shareholdings.