Occidental Petroleum acquires Anadarko in USD 38 billion cash deal

Following the buyout, Anadarko’s shareholders will be getting USD 72.34 per share Occidental also sold USD 13 billion in bonds as part of financing the acquisition Texas based petroleum company, Anadarko Petroleum has reportedly....

Occidental Petroleum acquires Anadarko in USD 38 billion cash deal

Following the buyout, Anadarko’s shareholders will be getting USD 72.34 per share Occidental also sold USD 13 billion in bonds as part of financing the acquisition Texas based petroleum company, Anadarko Petroleum has reportedly....

New Relic assists Komatsu improve its digital customer experience

Komatsu commits to rollout New Relic at all its Smart Construction sites. The construction equipment company raises its consumer response request time by about 30 times. New Relic, a leading cloud-based instrumentation platform made to....

Sears & Kmart to shut their 26 stores in October following bankruptcy

Following the closure of thousands of stores, 21 Sears and 5 Kmart stores are reported to shut down soon. Over 380 stores to remain open globally. Transform Holdco – the new entity formed in February with 400 Sears stores, has re....

Spark moves eDarling Spain onto cornerstone technology platform

The company reportedly announced the migration of eDarling Spain onto their cornerstone technology project-loveOS. loveOS will manage Spark’s complete portfolio of premium and freemium applications. Berlin based Spark Networks SE....

Airbnb buys Urbandoor, ensures comfortable stay for travellers

Airbnb and Urbandoor to work closely for ensuring the comfort for the corporate clients travelling for business purpose. The Urbandoor team will move in with Airbnb Headquartered in California, Airbnb has reportedly announced the acqui....

Renault & Nissan to consider restructuring for Fiat Chrysler merger

The car makers are reportedly planning to reframe their partnership to build up new negotiations with Fiat Chrysler. French car-maker Renault SA and the Japanese constructor Nissan Motor Company are reportedly considering implementing chan....

Pentagon puts USD 10 billion cloud computing contract on hold

Pentagon’s contract is reportedly paused by President Trump in order to examine Amazon Incorporation’s bid following the reports of complaints from other companies. Claims have been made that the company has built its require....

Verizon confirms 5G network expansion to four additional U.S. cities

·         Verizon continues to lead the world in terms of deploying the next-generation network ·         The company states that its 5G network ....

Duke Energy files for annual increase in fuel charge in South Carolina

The PSCSC will adjust the fuel component after reviewing the cost of the fuel rates   New rates would go into effect from 1 October this year if the proposal is approved Duke Energy Carolinas, a provider of gas and electric servi....