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01 Apr, 2020
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Altria In Talks To Take Minority Stake In Juul
Tobacco Company Altria Group Inc. (NASDAQ: MO) announced on Wednesday that it is in talks to take a minority stake of 20% to 40% in e-cigarette maker Juul Labs Inc.Big tobacco companies, including Marlboro-maker Altria, have been investing in e-ciga..
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Airbnb Hires New Chief Financial Officer From Amazon
Airbnb Inc. announced on Monday it has hired another Amazon executive, naming Dave Stephenson as Chief Financial Officer of the vacation-rental portal ahead of a potential initial public offering.Stephenson will join the San Francisco-based Company ..
Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion
Cisco Systems Inc. (NASDAQ: CSCO) said Thursday that it has agreed to buy Duo Security Inc. a cybersecurity startup based in Ann Arbor, Michigan, for USD 2.35 Billion in cash and stock.The deal is Cisco’s largest acquisition since its USD 3.7 ..
Ford teams with startup to be “Waze” for Autonomous Cars
San Francisco-based startup RideOS raised $9 million from venture firm Sequoia Capital and has reached a partnership with a division of Ford Motor Company (NYSE: F), it said on Friday. RideOS was started by two former Uber Technology Inc. employees,..
Google and Cisco team up for new Cloud solution
Cisco Systems Inc. (NASDAQ: CSCO) and Alphabet’s (NASDAQ: GOOGL) Google Cloud division announced on Wednesday that two companies will now team up to build more efficient hybrid cloud solutions. The cloud will be managed and secured along facil..
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