Biz/Tech
Aerojet to Make $2 Billion Bid for United Launch Alliance, Struggling to Remain the Premier Rocket Supplier of Pentagon
Netflix Plans to Enter Singapore in Early 2016, Will Launch in Three More Asian Markets
Facebook Introduces New Business Page, Closer to Becoming Online Shop
Facebook, Inc. has announced that it will be updating its Facebook Pages to cater more to mobile devices to help businesses build a mobile presence and communicate easily with customers, according to a news release from Facebook.
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United Airlines Names Oscar Munoz as CEO, Henry Meyer III as Chairman Following Jeff Smisek's Resignation
United Continental Holdings, Inc. has announced that Oscar Munoz will be the company’s new CEO and Henry L. Meyer III, the highest independent director in United, is appointed as the non-executive chairman of the board of directors, according to a press release issued by United Airlines.
Amazon Offers Restaurant Delivery Service to Prime Customers in Seattle, Mum About Expansion
Seattle Prime customers of online retailer Amazon.com Inc will now be able to order food from restaurants in the area using the company's app.
Uber's Rival Didi Kuaidi Raises $3 Billion as Ride Sharing War in China Continues
Chinese-ride sharing service Didi Kuaidi, which competes with Uber Technologies Inc., is set to raise $3 billion from investors lured by the promising company.
Concordia Healthcare to Buy Amdipharm Mercury for $3.5 Billion, Continues Acquisition Spree
Concordia Healthcare Corp. announced a deal to buy drugmaker Amdipharm Mercury Ltd. (AMCo) from a group of investors led by European private equity firm Cinven for $3.5 billion.
Amazon Looking to Expand Meal Delivery Service, to Hire New Staff for Company's Restaurant Division
Amazon.com, Inc. is looking to expand its meal delivery service by hiring new staff dedicated to restaurants in Seattle and New York, according to a report from Reuters.
Fiat Chrysler Voluntarily Recalls Close to 8,000 Jeep Renegades, Software in Touchscreen Radio Prone to Hacking
Fiat Chrysler Automobiles has voluntarily recalled close to 8,000 Jeep vehicles in the U.S. for an upgrade in its software that is prone to hacking, according to a report from The Wall Street Journal.
Boeing Sticking with its 747 Production Plans Despite Canceled Orders, Slumping Sales
Boeing Company has said that it will be sticking to its current plans in terms of the production of its 747 jumbo jets despite a canceled order and a drought in sales, according to a report from Reuters.
Toyota to Invest about $50 Million on Artificial Intelligence Research, Partners with Stanford, MIT
Toyota Motor Corporation has announced that it will be investing $50 million over the next 5 years to accelerate the research of artificial intelligence for vehicle and mobility technologies, according to a press release issued by Toyota.
Apple is Builiding Second-Largest Campus in Austin, Transforms Austin's Technology Sector
Apple, Inc. is transforming 38 acres of wooded land in Austin, Texas into its biggest campus outside of Silicon Valley, according to a report from the Austin-American Statesman.
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