Nike Self-Lacing Shoes Available Via Auction In 2016
Oct 28, 2015 09:08 am UTC| Business
Nike announced limited edition Back to the Future shoes, Nike Mag, last week in an online post. The feature that makes the sneakers sospecialis power laces an individually responsive system that senses the wearers motion...
Israeli CyberSecurity Firm Raises USD22 Million To Provide Novel Approach in Data Protection
Oct 28, 2015 02:54 am UTC| Business
Today, cybersecurity firm Illusive Networks announced a significant USD22 million Series B round. Bizjournals said that the Israeli firm raised the amount just four months shy of its Series A, which picked up USD5 million...
Curacity Picks Up USD1.4 Million in Seed Round for Travel Booking Portal
Oct 28, 2015 02:53 am UTC| Business
A new startup is aiming to provide a booking portal for travel sites that want to skip costs on building their own. Curacity, which is founded by EveryDay Health cofounder Michael Keriakos, has raised USD1.4 Million in its...
KFC, Pizza Hut Owner Yum Foods To Spin China Business Unit
Oct 28, 2015 02:53 am UTC| Business
On Tuesday, Yum Foods announced that it would be spinning off its China food business as a separate franchise by the end of next year. Nations Restaurant News said the spin-off would entail separating the operations of the...
United Technologies Announces USD12 Billion Buyback Plan
Oct 28, 2015 02:53 am UTC| Business
On Tuesday, United Technologies Corp (UTC) Chief Executive announced the companys USD16 billion share buyback plan, Bloomberg reported. The buyback plan seems to have replaced the companys initial plans to make large...
TeamHealth Rejects USD5.3 Billion AmSurg Merger Proposal
Oct 28, 2015 02:52 am UTC| Business
TeamHealth has shut down a private merger offer from AmSurg Corp. TeamHealth is a hospital staffing company while AmSurg aids in running clinics and surgery centers, Bloomberg said. This was announced shortly after the...
Wal-mart Seeks FAA Approval To Test Drones For Home Delivery
Oct 27, 2015 08:25 am UTC| Business
More and more companies seem to be embracing the drone technology. Amazon, the retail giant, is developing drones for making package deliveries. Google is also making decent progress in its Project Wing, the home delivery...
Don Lemon Drops Bombshell: ‘I’m Done with Twitter!’ as He Bids Farewell to Platform in Shocking Exit