T-Mobile and Sprint Merger gets regulatory approval
The proposed merger of T-Mobile and Sprint finally got approved by the Federal Communications Commission (FCC). The $26.5 billion deal should have been at the final stage, but the companies are facing a lawsuit...
Hong Kong Bourse rescinds $39billion offer for London Stock Exchange
Hong Kong Exchanges and Clearing Ltd (HKEX) made a $39 billion offer to purchase the London Stock Exchange Group (LSE) in early September, only to withdraw it less than a month later. The deal...
Porsche welcomes a Tesla Nurburgring lap attempt
The EV wars are heating up and Germany's vaunted Nurburgring Nordschleife is the new battleground. The new Taycan set a better-than-commendable 7:42, and Porsche welcomes the competition.The epic Nurburgring Nordschleife has been a performance...
How Facebook will pick the news you see in its app
Facebook is really hoping it will all go better this time around. The company that keeps insisting it's not in the media business intends to launch a news tab in the coming months, and appears keen on staving off...
Hutchison considers merging Indonesian business with Axiata
Telco wants to combine Indonesian wireless business with the Axiata's local unit; negotiations are yet to take placeHong Kong-based Hutchison is considering merging its Indonesian telecommunications operation with that of Malaysian telecommunications conglomerate Axiata....
Alibaba acquires NetEase Kaola in deal worth $2 billion
Alibaba Group has acquired NetEase Kaola for $2 billion, the two companies said today, and will integrate it into Tmall, creating the largest cross-border e-commerce platform in China. The announcement follows weeks of media reports about a potential deal, which...
Vodacom’s service revenue in South Africa dips 1.2% in Q2
The robust performance by its international operations’ has helped the company to offset South African revenue declineVodacom has added 608,000 customers to its South African network in the second quarter, with an average of...
Toyota to Begin Testing a New Solar-Powered Prius
NEDO, Sharp Corporation (Sharp), and Toyota Motor Corporation (Toyota) announce today a plan to commence public road trials from late July 2019. The trials aim to assess the effectiveness of improvements in cruising range...
Dubai’s OSC, Aramco to invest $450 mn in Saudi’s SPARK
The project is expected to contribute more than $6 billion to the Saudi Arabia’s GDPDubai based Oilfields Supply Centre (OCS) has signed a deal with Saudi Arabia’s King Salman Energy Park (SPARK) to make...
Volkswagen’s electric race car set another speed record. Can it do that again?
Volkwagen's electric race car took on one of the toughest
courses in the world — and set a record. The VW ID.R with two electric motors took on the Nürburgring-Nordschleife
12.9-mile...
Subscribe Now
