Protected populations of gannets are at a greater risk from offshore wind farms than previously thought because a new study has found that they fly at an average height of 27 metres…
Category: Business
Switzerland imposing sales ban on Volkswagen diesel cars
In a move that is expected to affect over 180,000 unsold and unregistered cars in the country, Switzerland has moved to ban the sale of the rigged Volkswagen diesel cars. The move…
TfL trials new tech that collects waste energy from Tube train brakes
Transport for London has announced more green initiatives under which it recently trailed a new technology that allows for collection of waste energy from Tube train brakes enough to power a large…
BlackBerry acquires Good Technology for $425 million in cash
In what has been pegged as a decision aligned with BlackBerry’s strategy, the Canadian leader in secure mobile communications has revealed its decision of acquiring Google Technology for $425 million in cash….
Google’s mind is on China
Google is eyeing an online shop in China through which it intends to sell Android apps, a new report on The Wall Street Journal has claimed. Google is already in talks with…
HSBC to dawn a new name in the UK – ‘HSBC UK’
HSBC Holdings has announced it will rename its British banking arm as ‘HSBC UK’ putting an end to speculations that suggested HSBC was planning to revive the Midland Bank moniker, the banking…
Rentokil to acquire pest-control business Steritech for $425 million
UK services company, Rentokil Initial, has announced it is acquiring North American pest-control business Steritech for $425 million. Rentokil said the acquisition deal, which is subject to regulatory approval, will strengthen its…
Lego posts double-digit sales growth in first half of 2015
Popular toymaker Lego on Wednesday reported whopping double-digit sales growth worldwide in the first half of 2015, with strongest demand seen in Asia. The Danish company said its revenue increased 23 per…
Apple announces collaboration with Cisco
Apple has announced collaboration with Cisco aimed at optimizing the networking giant’s gear and software for iOS apps and devices. The partnership was announced on Monday by Cisco Executive Chairman John Chambers…
Qualcomm inks spectrum deal with Vodafone, 3G UK
Qualcomm has inked two separate deals – one each with Vodafone UK and Hutchinson 3G UK Limited – under which the two telecoms companies will be buying L-Band 20 MHz spectrum (1452…
Jaguar Land Rover names DealerSocket as one of three preferred website providers
DealerSocket, a leading technology provider for automotive dealerships nationwide, has been selected as one of three preferred website providers for Jaguar Land Rover. DealerSocket will provide websites and digital marketing solutions for…
Inmarsat completes its Global Xpress constellation with launch of Inmarsat-5 F3
Inmarsat has finally realised its goal of being the first and only company to provide a global mobile satellite communications services that uses its own satellites – a goal which was set…
Cambridge Quantum Computing lands funding of up to $50 million
A UK based quantum computing startup named Cambridge Quantum Computing Limited has landed huge funding from One of the original investors in Google, Grupo Arcano. Established in early 2013, Cambridge Quantum Computing,…
Mirantis lands $100 million in fresh round of funding led by Intel
OpenStack vendor, Mirantis, has landed a $100 million round of funding from a group of investors including Intel, Goldman Sachs, August Capital, Insight Venture Partners, Ericsson, Sapphire Ventures, and WestSummit Capital. The…
Microsoft shutters Nokia plant in Salo, Finland; axes 2,300 jobs
Microsoft has decided to shutter Nokia’s plant in Salo, Finland and has also revealed that it will be axing 2,300 jobs from the country. Decisions, which Microsoft claims are part of a…