PPG Industries announced that it sold its 51% stake in Transitions Optical to venture partner Essilor International.
Sectors
Apple earns US$20 billion per year from 575 million users
575 million Apple users spend US$43 per year for Apple's media merchandises. Apple's media empire was said to be an enormous and fast-growing cash cow.
Samara Capital gathers US$150 million for its second fund
Samara Capital announced that it is sealing the first round of financing for its second fund at US$150 million
Omnicom-Publicis targets Google advertising
After the announcement of their merger, Omnicom and Publicis are now targeting industry giants like Google, Tweeter and Facebook for their advertising.
Samsung's slowing sales to take its toll on Wolfson
Slowing sales of Samsung's smartphones was expected to take its toll on Wolfson's second quarter report.
Latest News
Google Apps and Google Cloud Platform could earn US$200 million each quarter. Google's enterprise division was comprised of several offerings that aid the operations of businesses.
aTyr Pharma reveals that it had secured up to US$59 million in financing from current investors and an anonymous global public investment fund.
According to Forbes' Ewan Spence, BlackBerry's Q5 did not have enough style to steal away the users of Apple and Samsung.
Analysts believed that Apple could improve its sales by allowing the Macintosh to fit well with cloud technology.
Cubito announced that it had raised up to INR1 crore from India based angel investors to fund its expansion plans.
Microsoft admitted that it could not vie against Google on price when it comes to selling cloud services.
Business Growth Fund announced that it has invested up to GBP40 million of its capital in companies around Manchester and Northern England.
Analysts said that Apple's investors should welcome Google's Chromecast because they would benefit through the dongle.
Shandra Games announced that they plan to acquire affliates Shanghai Shengzhan Networking Technology Co., Ltd and Tianjin Shengjing Trade Co., Ltd.
