Archive | Business RSS feed for this section

A New World-Class Web and Mobile Apps Design and Development Agency Mentalstack, LLC has been Launched in Russia

23 Jan mobile-network-624x332

Mentalstack, LLC, a web and mobile apps design and development agency, was founded in Russia and takes on projects from around the globe. (more…)

Baidu Appoints Dr. Qi Lu as Group President and Chief Operating Officer

17 Jan baidu-image-e1450107108325-768x384

Baidu, Inc. (“Baidu” or the “Company”), the leading Chinese language Internet search provider, today announced the appointment of Dr. Qi Lu as Baidu’s Group President and Chief Operating Officer, in charge of products, technology, sales, marketing and operations, effective immediately. (more…)

Mitsubishi Electric Develops World’s First Ultra-Wideband GaN Doherty Power Amplifier for Next Generation Wireless Base Stations

12 Jan airconditioning_31_85892500

Mitsubishi Electric Corporation and Mitsubishi Electric Research Laboratories (MERL) announced today their development of an ultra-wideband gallium nitride (GaN) Doherty power amplifier for next generation base stations that is compatible with a world-leading range (company estimate) of frequency bands above 3GHz to cover an operating bandwidth of 600MHz. (more…)

Alibaba Announces Proposal to Privatize Intime Retail

10 Jan 140507-alibaba-office-624x394

Alibaba Investment Limited (“Alibaba”), a wholly owned subsidiary of Alibaba Group Holding Limited  (“Alibaba Group”) announced today that Alibaba, together with an entity wholly-owned by Mr. Shen Guo Jun, founder of Intime Retail (Group) Company Limited (“Intime”) (together, the “Joint Offerors”), have requested the board of directors of Intime to put forward to shareholders a proposal to privatize the department store operator by way of a scheme of arrangement. (more…)

Sharp Resumes Semiconductor Business for Vertical Integration of Camera Modules

30 Dec shutterstock_494455312-624x416

Tai Jeng-wu, president of Sharp, pointed out that Sharp will deploy actively in semiconductor business, via investment or takeover, in order to materialize vertical integration of its camera module operation, reports Nikkei Shimbun. (more…)

US to Retain Leadership in Global Services Exports to 2030 Despite Headwinds, says HSBC

26 Dec money 2

While market uncertainty continues to dampen the flow of goods across borders, new research from HSBC uncovers a bright future for global services trade. And nowhere is this more apparent than in the United States, where services exports are forecast to reach $1.6 trillion by 2030. (more…)

London Hydro Customers Leverage Bidgely HomeBeat via Cloud-Based Green Button Connect My Data Platform

19 Dec tech image

Bidgely, innovator of the award-winning HomeBeat platform and London Hydro, a utility leader in the deployment of Green Button solutions, today announced findings from London Hydro’s digital customer behavioral energy efficiency program. (more…)

Tinder Announces Swipe Ventures, Sean Rad as Chairman of Tinder and Swipe Ventures, Greg Blatt as CEO of Tinder

9 Dec money 2

Tinder announced today the launch of Swipe Ventures: a new vehicle led by Sean Rad, Tinder’s Co-Founder and CEO. Swipe Ventures will seek to expand Tinder’s footprint through acquisitions, development of new businesses and investments in new and existing businesses, all within the dating and the broader social space. (more…)

Starbucks and Tencent Announce Strategic Partnership to Launch Social Gifting on WeChat in China

9 Dec 4086050844_e8c3485a95_z-624x468

Starbucks Coffee Company and Tencent Holdings Limited, a leading provider of internet value-added services in China, today pioneered a strategic partnership to co-create a new social gifting feature on WeChat, China’s leading mobile social communications service, in early 2017. (more…)

Software AG Acquires Artificial Intelligence Company Zementis in the US

5 Dec money3-1024x543

Software AG today announced that it has acquired Zementis, Inc. with headquarters in San Diego, California. Zementis Inc. provides software for “Deep Learning”, a key capability in machine learning and data science, and a fundamental technology driving “artificial intelligence” (AI) development. Software AG sees the current machine learning and AI advances as the basis for the next generation of Internet of Things applications such as self-driving cars, personal digital assistants, medical diagnosis, predictive maintenance and robotics. (more…)