Starship Technologies raises $40 million in Series A funding round

The ambitious aim of the company is to deploy robots at 100 schools within the next two years. Starship Technologies, a company that specializes in developing self-driving delivery robots, has reportedly announced that it has raised $40 mi....

U.S. Department of Commerce offers 90 days trade extension to Huawei

The extension would enable Huawei to maintain existing telecommunications networks and provide software updates to its handsets. U.S. Commerce Secretary Wilbur Ross has recently announced that the government has decided to e....

Tesla offers solar rental program to drive its renewable energy trade

However, Vivint Solar and SunRun, the top providers of consumer solar, have installed 56 megawatts and 103 megawatts respectively. Tesla has reportedly announced that it is offering customers a new rental solar power to rein....

Verizon trades Tumblr, sells social media website to Automattic

Verizon company sold off its acquired microblogging and social networking website, Tumblr to Automattic Incorporation. The offer price has not yet been disclosed but the reports estimate it to be under USD 3 million. Verizon communicat....

IL&FS files for approval to sell wind energy arm to ORIX Corporation

ORIX Corporation owns 49% stake in each of IL&FS’s seven power plants   Proposal has now been filed with NCLT after the completion of Share Purchase Agreement In a bid to sell its wind power business, Mumbai headquarter....

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....