Biz/Tech
Ralph Lauren Launches PoloTech Smartshirt, Offers Biometric Technology and Adaptive Workout App
Boeing on Track to Achieve Production of 737 Max, Despite Reports of Delays from Boeing's Supplier
BT Accuses Verizon and AT&T of Hurting Rivals, Calls for Tough New Rules
An executive of BT Group Plc calls for tougher new rules regarding network prices that would allow telecom companies to compete in the U.S. market, accusing Verizon and AT&T of abusing their landline monopolies to hurt competitors, according to a report from the Financial Times.
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Salesforce Reported Better-Than-Expected Second-Quarter Revenue and Profit, Raises Full-Year Forecast
Salesforce.com, Inc. has reported a second-quarter revenue of $1.63 billion, 24 percent increase from the same period last year and a second-quarter adjusted earnings per share of $0.19, according to a press release issued by Salesforce.
Twitter Renames Twitter Publisher Network to Twitter Audience Platform, Adds Tweet Engagement and Video Views
Twitter, Inc. has just renamed the Twitter Publisher Network, a way to help advertisers to connect to audiences in and out of Twitter, to the Twitter Audience Platform, and added two new features for advertisers to take advantage of, according to a blog post from Twitter.
Glaxo is Selling its Rights to its Autoimmune Treating Drug to Novartis for $1 Billion, Divests its Remaining Rights in the Drug
GlaxoSmithKline Plc has just announced that it will be selling its rights in ofatumumab, a drug that treats autoimmune disease, including multiple sclerosis, to Novartis AG for more than $1.03 billion, according to a press release issued by Glaxo.
Oracle Buys Maxymiser, Boosts its Oracle Marketing Cloud
The Oracle Corporation has just announced that it has signed an agreement to acquire Maxymiser, a leading provider of cloud-based software, according to Oracle’s press release that is published in Market Watch.
U.S. July Inflation Rises Modestly for Sixth Month, Rate Hike Still Likely
Pulled back by a steep decline in airfares despite rising costs of housing, U.S. inflation only rose modestly in July with another lower-than-projected rise in consumer prices likely this year .
Airbnb Seeks to Expand in China, Partners with Two Chinese Companies
Airbnb has announced in their blog that they will be expanding in China with the help of two strategic partners, China Broadband Capital and Sequoia Capital China.
Japan's Kirin Gets Controlling Stake in Top Myanmar Brewery, Expects Strong Market Growth
Japan's Kirin Holdings has taken a controlling stake in Myanmar's biggest brewer after buying out top shareholder Fraser and Neave as it continues to expand abroad amid a challenging domestic market.
Target Profits Surge to Beat Market Expectations on Sustained Same-Store Sales Growth
Shopping chain Target Corp. on Wednesday announced higher profit outlook for the year due to better performance than anticipated and continue same-store sales growth
Southeast Asia's GrabTaxi Raises $350 Million as E-Hailing App a Hit in the Region
Singapore's Grab Taxi Holdings Pte Ltd., an online ride sharing service in Southeast Asia, has raised $350 million from private placements.
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