Aishwarya Bhatt | May 07, 2015 09:02 AM EDT
Zygna declared that they are planning to cut their workforce by 18 percent and close down data centers in order to reduce its annual expenditure by $100 million. Recently the company reported losses amounting to millions and this is a brazen move in an apparent bid to cut down expenditures. read more
Marcel Woo | May 05, 2015 10:15 AM EDT
A Chinese investment group led by Hua Capital Management, a private equity company based in Beijing, has acquired US-based chip manufacturer Omnivision Technologies after paying USD1.9 billion, the American technology firm has confirmed. read more
Marcel Woo | May 05, 2015 09:57 AM EDT
Going from China to the United States has now become easier as more Chinese airlines are flying from the mainland to the US than the other way around, the Center for Asia Pacific Aviation (CAPA) revealed. read more
Marcel Woo | May 04, 2015 10:04 AM EDT
China's weak manufacturing data has again revived talks that the central Chinese government could soon announce more stimulus measures to keep the economy from further slowing down. read more
Marcel Woo | May 04, 2015 08:47 AM EDT
Chinese authorities swooped into the Guangzhou office of US-based car services firm Uber on suspicion that the company operates without a license in the capital of Guangdong Province, China. read more
Soledad Mayo | May 05, 2015 01:24 AM EDT
Dave Goldberg, the CEO of Survey Monkey has died unexpectedly on Friday, May 1 at the age of 47. Goldberg is the husband of Sheryl Sandberg, the COO of Facebook. read more
Cybelle Go | May 04, 2015 11:53 PM EDT
Xi Jinping, the president of China, who has traveled from Europe, Pacific and Carribean Islands pursuing his nation's strategic interest, is now planning to establish a mark on another far region, the Antarctic, according to NY Times. read more
Cybelle Go | May 03, 2015 08:16 PM EDT
Siemens AG was investigated by the Chinese regulatory board last year because of a speculation that the head of health care unit division bribed health care facilities in purchasing high priced disposable products for use in medical devices, Reuters reports. read more
Eana Maniebo | May 01, 2015 05:42 AM EDT
New Zealand-based Martin Aircraft welcomed a delegation of Chinese investors to its titanium 3D printing facilities. The visit is very timely as China's titanium 3D printing industry is rising. read more
Eana Maniebo | Apr 30, 2015 04:53 AM EDT
Nickel prices hit a one-month high this week as a strike at one of the world's largest nickel mines signaled reduced supply prospects. read more
Vittorio Hernandez | Apr 29, 2015 09:20 AM EDT
Twitter is blaming science firm Selerity and NASDAQ for the 18 percent drop in the shareprice of the popular microblogging site on Tuesday because of the leak of Twitter's quarterly result on - where else, but Twitter. read more
David Curry | Apr 28, 2015 07:59 PM EDT
Apple has revealed its earnings report for the second quarter of 2105, and the results are better than expected. It managed to sell 61 million iPhones and sales in the Mac and services market were up compared to last year. read more
Vittorio Hernandez | Apr 28, 2015 07:55 PM EDT
The Mexican fast food chain that is drawing crowds, Chipotle, made dining history on Monday by announcing it would no longer serve genetically modified food. The move is in response to a growing public clamor against GMO food. read more
Dino Lirios | Apr 26, 2015 11:41 PM EDT
As a result of the United States Department of Education fining Corinthian Colleges US$30 million for misrepresentation, the remaining 28 ground campuses are set to shut down, with as much as 16,000 students to be displaced by the action. read more
Vittorio Hernandez | Apr 25, 2015 09:16 AM EDT
Cupertino-based Apple is on a roll again. With record-breaking sales of its Apple Watch came another court victory in China over patent infringement. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more