Virident is purchased by Western Digital for USD685 million in cash. Western Digital Corp, the hard drive manufacturer, announced its pending purchase of Virident Systems Inc, a flash memory manufacturer for servers.
Investors
New iOS 7 may lower stolen phone crime rates - report
Mobile gadget news and reviews site GottaBeMobile reported that Apple Inc. would be releasing its newest iPhone security addition in its operating systems for its mobile gadgets that would lower mobile theft crime rates of newer iPhone models.
JPMorgan Chase to elect 2 new directors for its board
In a statement on Monday, JPMorgan Chase would be expecting Linda Bammann and Michael Neal to fill the bank's Board seats left vacant by its predecessors in July.
Rumors as to Fiat-VEBA deal flew because of top executive absences
The Fiat-VEBA deak was expected because of the absence of top executives in the Frankfurt Auto Show.
China’s August inflation shows stable economy
China's August inflation data showed that the country's economy is stabilizing after signs of improved export demand and targeted support measures.
Latest News
The award to Tokyo as the 2020 Summer Olympics host leveraged to pass gambling casino legislation. Two major gaming firms, Las Vegas Sands Corp and MGM Resorts International are searching for sites to build casinos in Japan.
In a letter to shareholders on Monday, septuagenarian billionaire Carl Icahn said he would be giving up the fight against Michael Dell and Silver Lake Partners's buyout of Dell Inc.
CrowdStrike scored USD 30 million in its Series B round. CrowdStrike announced the closing of its Series B round with USD 30 million. The financing was led by Accel Partners.
The Carlyle Group said it would buy the Red Oak power plant in New Jersey and announced the completion of the acquisition of five other facilities in California.
A revelation made by New Jersey newspaper The Record indicated that Port Authority of New York and New Jersey in 1986 sold the name "World Trade Center" for only USD10.
The benchmark debt from Russia has now been made available expecting a windfall after US Fed Reserve remarks on scaling back stimulus expenditures.
Microsoft allows Xbox music service to iOS and Android devices. In its latest move, Microsoft is allowing its Xbox Music service available to its Android and iOS devices in order to better compete with iTunes services from Apple, as well as Spotify Ltd and Pandora Media Inc.
GM George Steel found supporters in New York's Opera board for his demand for USD7 million for the year.
Tyres on the Drive scored GBP 1.5 million in a round led by MMC Ventures. Tyres on the Drive (TOTD) announced that it received an additional GBP 1. 5 million in a funding round.
