Amidst legal battles with Apple, Inc., Samsung Electronics has announced that it will be buying CSR, the UK-based chipmaker, in a $310 million cash transaction. The two leading companies have long been fighting over intellectual property rights and patent infringements for years. Now, with CSR as its newest weapon, Samsung may have gained the upper… Continue Reading
GlobeImmune, Inc is a biopharmaceutical company which recently filed with the SEC to go public, but have still not begun trading. The company was founded in 1995 as Ceres Pharmaceutical and changed its name to GlobeImmune in 2001. GlobeImmune has the ambitious goal of ending disease all over the world. At the moment GlobeImmune is… Continue Reading
Tom Currier is only 20 years old, but that doesn’t mean he is too young to nurture an innovative company which is lifting eyebrows among investors. As a matter of fact, he isn’t too young to have begun nine successful companies, beginning with ScanBoy which he started at the age of nine to finance his… Continue Reading
As a follow-up of April’s Ivy Bridge desktops, HP has released another wave of all-in-ones to cater to both businesses and consumers: the Compaq Elite 8300, the Compaq Pro 6300, the HP Envy 23, and the HP Pavilion 23. This is not the first time that HP has managed to create machines that target several… Continue Reading
Steve Klinsky founded New Mountain Capital in January, 2000 in New York. New Mountain’s first private equity fund was Mountain Partners, LP, with assets valued at $770 million. During the ensuing years Klinsky created two additional private equity funds; New Mountain Partners II, which was launched with $1.55 billion beginning in January 2005; and New… Continue Reading
The third-largest bank in Japan has consented to acquiring WestLB AG’s Brazil wing in an effort to reduce demand for infrastructure-focused financing. Though Mizuho Financial Group has not yet revealed the terms of the transaction, their website states that the purchase is still waiting on regulatory approval. Business Week explains that Banco WestLB AG Brazil… Continue Reading
As the uproar from its recent IPO dies down, Facebook is facing some fresh challenges. For one, the IPO did not advance as well as planned, with the FB stocks already sliding in the market. Though analysts maintain positive outlooks for the stock’s long-term ratings, investors are generally concerned about the company’s ability to continue… Continue Reading
Tesla Motors has a mission: to prove to the world, and especially to consumers, that fully electric cars can compete today in the huge US automobile market, and be fun. cool and awesome, too. Elon Musk, co-founder of PayPal, helped Tesla Motors get started in 2004 with an initial investment of $6.3 million. As a… Continue Reading
IHS iSuppli, the market research company, recently announced the Netflix has pushed past Apple to become the leading online movie provider in the United States. Back in 2011, Netflix’s market share rose to 44%, from less than 1% only a year before. Apple, on the other hand, recorded a major loss, falling to 32.2% from… Continue Reading
Now that the much anticipated Facebook IPO is behind us it is possible to discuss where Facebook might be heading in the years to come. Many countries already have Facebook penetration at near or greater than 50 percent, including the United States, Britain, Canada, Australia, Malaysia and others; making it likely that growth in these… Continue Reading