Apple Inc. is expected to unveil an upgraded Apple TV, a device similar to a set-top box that brings video and music from the Internet to a television, said media reports. Experts say that this unveiling, which is expected to happen next Wednesday at an event in San Francisco, is an effort by...

In a deal valuing its equity at just over $2.5 billion, the bidding battle for Avolon, the Dublin-based aircraft leasing company, was won over by Bohai Leasing, a unit of the Chinese aviation and shipping company HNA, reports the Financial Times.   Bohai Leasing defeated AVIC Capital, a...

The present system of barcode tags to undergo a change whereby it will incorporate more detailed data about a product. The simple barcode data available in the market that appears on every product packaging may disappear soon from the market as the customers demand for “for more information about...

Polyvore has been acquired by Yahoo to fuel the growth of Yahoo Gemini. The process of Polyvore acquisition has been completed by NASDAQ: YHOO. It has been noted that this acquisition puts the company of Yahoo in an advantageous situation. Consequently, it will enhance the customers’ base along...

Continuing its hunt for greater smart technologies and following up on its April 2014 acquisition of Smart Things, the startup that created one of the most advertised hubs for the connected home, the Korean electronics major Samsung has launched a new hub for smarthome devices, which it hopes...

Rio Tinto PLC, one the world leaders in the production of many commodities including aluminium, iron ore, copper, uranium, coal, and diamonds, is optimistic about the near future of the steel industry and believes that despite a slowdown in China and a considerably lower iron ore prices...

An analysis of the retail market data in the US by CVS Health shows that there has been a reduction of reduction of at least 95 million packets of cigarettes at “all retailers” of the pharmacy giant after the company stopped selling tobacco products a year ago.   The pharmacy giant...

Asian IT and electronic companies like of Samsung, Huawei, Lenovo, Sony stole the show at the Europe's largest consumer electronics show, prompted by the absence of major US companies like Google and Apple and a minimal presence of Microsoft and Intel.   The absence of US companies made IFA...

In an attempt to cut its £22bn debts and fund a turnaround plan as it recovers from an accounting scandal, UK supermarket giant Tesco has chosen private equity firm MBK Partners as preferred bidder for its South Korean unit, Homeplus, reports Reuters.   Tesco has recently lost market share...