Biz/Tech
NBCUniversal Buys 51% Stake in Universal Studios Japan for $1.5 Billion, Part of Strategy to Expand Theme Park Business
Amazon to Expand Office Space in Detroit, Build Technology Hub, Hire New Employees
Amazon.com, Inc. is planning to expand its office space and build a technology hub in Detroit, according to a report from The Detroit News. The online retail giant will also be hiring full-time, high-tech employees to fill the position that will be opened by the new office.
Latest News
AB InBev to Acquire Golden Road Brewing, Enhances Craft Portfolio
Anheuser-Busch InBev (AB InBev) has announced in a press release that it will be acquiring Golden Road Brewing, a Los Angeles-based craft brewer.
Uber Launches Carpooling Service uberCOMMUTE in China, First Time to Launch Outside the U.S.
Uber has announced in a news release that it has launched its carpooling service uberCOMMUTE in Chengdu, China.
BBA Aviation to Acquire Landmark Aviation for $2.1 Billion, Enhance BBA's Own FBO Network, Signature
BBA Aviation Plc, a leading global aviation support and aftermarket services provider, announced in a press release that it will be acquiring Landmark Aviation for about $2.1 billion in cash from The Carlyle Group.
Boeing Signs Deal with Group of Chinese Companies to Sell 300 Aircraft, Build Aircraft Completion Center in China
A group of Chinese companies have signed an agreement to purchase 300 aircraft from Boeing Company, according to a report from the official Xinhua News Agency.
Quirky Files for Chapter 11 Bankruptcy, Facilitate Sale of All its Assets
Quirky, Inc., a company that offers its inventors a forum for social product development and its customers an opportunity to acquire the most innovative products on the market, has announced in a blog post that it has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code.
Jaunt Raises $65 Million to make VR a Reality for Audiences Worldwide, Walt Disney among Investors
Jaunt, the leading company in pioneering cinematic virtual reality (VR) today, has announced in a press release that it has raised an additional $65 million from its series C funding.
Starwood Announces Merger with Colony American, Creates Best in Class Single-Family Rental Company
Starwood Waypoint Residential Trust has announced in a press release that it will be merging with Colony American Homes in a stock-for-stock transaction.
Dialog Semi to Acquire Atmel for $4.6 Billion, Diversifies Customer Base
Dialog Semiconductor has announced in a press release that it will be acquiring Atmel Corporation in a cash and stock transaction valued at approximately $4.6 billion.
Pinterest Achieves New Milestone, Reaches 100 Million Active Online Users
Pinterest, an online bookmarking site, has just achieved a major milestone on Wednesday, according to a report from CNET.