U.S. automaker General Motors kept up profit gain with aggressive cost-cutting strategy. General Motors Co reported on Thursday that its second quarter revenue reached US$39.
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Chromecast sold out hours after announcement
Chromecast quickly sold out in a matter of hours after its announcement. Quickly after Google announced its new product, Chromecast, the company received a large volume of orders.
Dubai’s biggest developer seeks review of loan terms after positive S&P rating
Emaar Properties, Dubai's biggest developer, requests for an adjustment of their loan terms following the S&P's positive evaluation.
Corey Luskin is Managing Director of England & Company
England & Company has just hired Corey Luskin as Managing Director for its Technology Investment Banking Group.
China-based Hanergy acquires US solar panel maker Global Solar
Hanergy Holding Group Ltd. acquires Global Solar Energy Inc. in its bid to strengthen its solar panel production technology.
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Facebook traded above USD 30 on Thursday for the first time in five months. For the first time in five months, Marc Zuckerberg's brainchild, Facebook Inc.
Kinderhook Industries announced its acquisition of Comprehensive Clinical Development but no financial details were disclosed.
It seemed that Google has a two-pronged strategy in mind involving the Chromecast and Google TV. Through the release of Chromecast, it seemed that Google may have finally found a "surefire way to get the Internet on your TV".
SolidFire received backing from Samsung. SolidFire received a US$31 million funding from Korean tech giant Samsung Electronics today. The placement was made through the company's investment arm, Samsung Venture Investment Corporation.
Jay Z struck a deal with Samsung to give one million users free downloads of his Magna Carta Holy Grail album.
MetrixLab subsidiary MarketTools has acquired RawData. MetrixLab subsidiary MarketTools has bought RawData. MetrixLab provides online consumer research services to clients around the world while RawData is engaged in mobile research solutions.
Hundreds of millions of dollars were stolen from Nasdaq and other companies by computer hackers based in Russia and Ukraine.
Ulmer & Berne LLP has hired Patrick G. King as partner. Ulmer & Berne LLP has hired Patrick G. King, as a partner who will be based in the Chicago office.
Microbrewer of craft lager Freedom Brewery has just received GBP 1 million from Oakfield Capital Partners.
