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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...

General Motors, UAW Reach Temporary Labor Agreement

Oct 26, 2015 16:16 pm UTC| Business

Automative industry leader General Motors managed to avert a labor strike from the labor union when it reached a tentative agreement with the negotiators of the United Auto Workers. The UAW confirmed the news late last...

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Economy

US Stocks Rise Ahead of Fed Rate Decision

U.S. stocks opened higher on Wednesday, snapping back after six declines in the previous seven sessions as easing oil prices provided some relief ahead of a closely watched Federal Reserve interest rate decision. At 9:32...

Vietnam, U.S. Firms Plan 29 Deals Across Energy, Tech and Aviation

Vietnamese and U.S. companies are expected to announce a broad package of commercial agreements covering energy, technology, aviation and financial services next week as Vietnamese leader To Lam visits New York. An...

UK Inflation Rises to 3.1% Ahead of BoE Rate Decision

UK inflation accelerated in August, adding pressure on households and policymakers just one day before the Bank of England is expected to announce its latest interest rate decision. Official figures released Wednesday...

Asian Currencies Subdued as Yen Slides Ahead of Fed, BOJ Decisions

Asian currencies traded mostly cautiously on Wednesday as the Japanese yen weakened to a one-week low and the U.S. dollar remained near multi-week highs ahead of key Federal Reserve and Bank of Japan policy decisions. The...

Saudi Arabia Raises Security Alerts as Houthi Attacks Threaten Oil Routes

Saudi Arabia issued widespread security alerts on Tuesday, including in Mecca and Jeddah, as attacks by Iran-aligned groups intensified and raised fresh concerns over Middle East oil supplies and Red Sea shipping. The...

Politics

Guterres Urges Stronger Global AI Safeguards Ahead of UN Assembly

United Nations Secretary-General Antonio Guterres warned world leaders on Wednesday that the rapid development of artificial intelligence carries significant risks that governments cannot afford to overlook, highlighting a...

Rodrigo Duterte Makes First Public Appearance at ICC in 18 Months

Former Philippine President Rodrigo Duterte appeared before the International Criminal Court (ICC) on Wednesday, marking his first public appearance since being transferred to The Hague 18 months ago to face murder charges...

US Confirms Weapons in Orbit as Space Tensions Rise

The United States has publicly acknowledged operating weapons in Earths orbit, marking a major shift in how the Pentagon discusses military capabilities in space as competition with China and Russia intensifies. U.S. Air...

South Korea’s Cho Hyun to Meet Rubio in Washington

South Korean Foreign Minister Cho Hyun will travel to Washington this week for talks with U.S. Secretary of State Marco Rubio, as Seoul and Washington seek to maintain close coordination on their bilateral alliance, the...

Ovechkin Faces Scrutiny Over United Russia Campaign Video

Washington Capitals star Alexander Ovechkin has drawn renewed attention over his political ties after appearing in a campaign video connected to United Russia, the ruling party backed by Russian President Vladimir Putin....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Databricks to Invest $350 Million in Singapore AI Expansion

Databricks plans to invest more than $350 million in Singapore over the next three years, expanding its presence in the city-state as demand rises for its data and artificial intelligence products. The privately held data...

SK Hynix, Intel Discuss U.S. Memory Chip Production Deal

SK Hynix is reportedly in discussions with Intel over a potential agreement to manufacture memory chips in the United States, a move that would mark the South Korean semiconductor giants first U.S.-based memory production....

DOJ Will Investigate AI-Related Crimes, Attorney General Blanche Says

U.S. Attorney General Todd Blanche said the Department of Justice will investigate individuals or companies connected to artificial intelligence when there is evidence they have violated federal criminal law, while...

Meta CEO Zuckerberg Backs Independent AI Safety Reviews Over Development Slowdown

Meta CEO Mark Zuckerberg has argued that artificial intelligence companies should prioritize independent safety evaluations and stronger alignment rather than slowing the pace of AI development. Zuckerberg said AI...

Nvidia CEO Jensen Huang Expected at Trump-Xi State Dinner

Nvidia CEO Jensen Huang is expected to attend a state dinner hosted by U.S. President Donald Trump for Chinese President Xi Jinping next week, placing one of the technology industrys most prominent executives at the center...
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