Thursday - Jun 29, 2017

Business Insider

Steve Ballmer wraps up his three decade career with Microsoft to play with his new toy – the LA Clippers

Steve Ballmer wraps up his three decade career with Microsoft to play with his new toy – the LA Clippers

Eight months after stepping down as chief executive officer of Microsoft, Steve Ballmer has called it quits owners more than thirty year career with software giant Microsoft. Steve Ballmer announced that he will be leaving the company to allow his successor Satya Nadella a free reign as Microsoft enter a period of major transformation. After

Cygnus Sells Heavy Construction and Logistics Group to AC Business Media

Cygnus Sells Heavy Construction and Logistics Group to AC Business Media

Cygnus Business Media the highly diversified business-to-business media corporation has continued the policy of reducing the number of companies in their portfolio having agreed to sell their Heavy Construction and Logistics Group to AC Business Media, a new and dynamic publishing company, based in Fort Atkinson, Wisconsin. According to information released by Cygnus Business Media,


Samsung acquires U.S. air conditioner giant Quietside as part of their “smart home” push

Samsung acquires U.S. air conditioner giant Quietside as part of their “smart home” push

South Korean technological giant Samsung Electronics recently announced that they have acquired a huge U. S. -based air conditioner distributor Quietside LLC to form an integral part of their desire to consolidate and strengthen their “smart home” business. Quietside is Samsung’s second acquisition within a week in the sector following close on the heels of

Poppin continues to add more color to the office environment and raises more money to do so

Poppin continues to add more color to the office environment and raises more money to do so

New York based office products giant Poppin, have succeeded in raising an additional $17 million in Series C funding to finance the expansion of the company, which has earned itself a particular niche since its foundation in September 2012 by marketing fashionable and affordable office products with a focus on making the shopping experience engaging

Car buying startup Beepi in advance talks to raise $50 million in venture capital funding

Car buying startup Beepi in advance talks to raise $50 million in venture capital funding

Recently formed online car marketplace operator Beepi is reportedly on the brink of receiving a major capital injection of $50 million. Launched only in April of this year, thanks to some seed capital of $5 million from Redpoint Ventures, the Los Altos company formed by CEO Ale Resnik will see his company valued at $200


Bank of America agree to pay $16.65 billion in damages-  to settle allegations of impropriety in mortgage case

Bank of America agree to pay $16.65 billion in damages- to settle allegations of impropriety in mortgage case

In order to resolve allegations that it misled investors to purchase mortgage-backed securities, the Bank of America have agreed to pay a record $16.65 billion. The agreement between the Bank of America and the Department of Justice, the Securities and Exchange Commission and six state attorneys-generals, is being regarded as another milestone in concerted efforts

Volvo to launch their first new model since they became a part of the Geely family

Volvo to launch their first new model since they became a part of the Geely family

Volvo Cars have announced the impending launch of the XC90 which will be its first new model since they they were acquired by a Chinese giant auto manufacturer, Geely (Zhejiang Geely Holding Group). Industry analysts see the launch of the XC 90 as a make-or-break event for the Swedish carmaker, as they attempt to dramatically


Online meal delivery firm Foodpanda picks up $60 million in new financing

Online meal delivery firm Foodpanda picks up $60 million in new financing

Foodpanda, an online take-away food delivery company, have announced that they have raised an additional $60 million in financing, seen as a measure  to   investigate and expand in an increasingly competitive market. This latest round of financing is the third enjoyed by Foodpanda, who have now succeeded in raising more than $100 million since their