Redwood City, CA–based EarLens, which has developed a light-based method for delivering sound to the ear, has raised more than $36 million from 22 investors, according to a recent SEC regulatory filing. Company officials could not ...
Beating the slowdown blues, Hong Kong-based apparel retailer Giordano has reported 5 per cent growth in its sales at HK$ 1,333 million for the third quarter ended September 30, 2013, driven by strong demand from the Chinese mainland. ...
Tags: Giordano, apparel retailer
Liberty Media wants to take full ownership of Sirius XM in a deal that would value the satellite radio service at nearly $23 billion. Englewood, Colo.-based Liberty Media Corp., a media holding company, already owns 53 percent of Sirius ...
Tags: Liberty Media, Sirius XM, full ownership, satellite radio service
Struggling US computer giant Hewlett-Packard plans to slash 5,000 more jobs than previously announced because of a difficult business environment, a regulatory filing shows. HP will eliminate 34,000 positions by the end of its fiscal year ...
Tags: Hewlett-Packard, unemployment
Apple CEO Timothy Cook received a compensation package valued at nearly $4.3 million this year, up slightly from 2012. Cook's pay for fiscal 2013, which ended in September, consisted of $1.4 million in salary and a bonus of $2.8 million, ...
Tags: Apple, Timothy Cook, compensation package
BlackBerry co-founder Michael Lazaridis has trimmed his stake in the troubled smartphone pioneer to just below 5 percent after selling 3.5 million shares during the past two days. The sales disclosed in a Tuesday regulatory filing came ...
Tags: BlackBerry, Michael Lazaridis, trim stake, smartphone pioneer
Truckload carrier Transport America Inc. could become the latest publicly traded fleet after a regulatory filing that targets a $75 million stock offering. The filing late on Dec. 17 does not state how many shares might be offered or what ...
Tags: Transport America Inc., stock offering, regulatory filing
Bayer HealthCare has submitted VEGF Trap-Eye (aflibercept solution for injection) for regulatory approval in Japan to treat patients with myopic choroidal neovascularization (myopic CNV), one of the most common causes of eye disease. In ...
According to Korea IT Times, Cheil Industries, a Samsung Group company specializing in textiles, will invest up to 1.8 trillion won (US $1.7 billion) for the next three years in high value-added electronic and chemical materials. The ...
Tags: Cheil Industries, Samsung Group
Vale announced Monday that it plans to sell as much as 407 million shares (an approximate 22 percent stake) of Oslo, Norway-based aluminum producer Norsk Hydro ASA in order to cut costs and boost profits. Norsk Hydro is valued at about ...
Tags: Vale, Aluminum Shares
GlaxoSmithKline and biopharmaceutical company Theravance have announced that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) has recommended marketing approval for fluticasone furoate/vilanterol ...
Microsoft is to acquire Nokia's Devices & Services business, which includes the smartphone and mobile phones businesses, and license the Finnish company's patents for a total of €5.44 billion (US$7 billion) in cash, the companies said ...
Tags: Microsoft, Nokia, Mobile Phones Business, Smartphones
Microsoft will start selling its struggling Surface devices to business customers abroad via channel partners on Thursday. The move builds on a similar effort Microsoft launched in July to tap distributors and resellers to push Surface ...
Tags: Microsoft, Surface Tablets
Eight months after the launch of Microsoft's Surface line, the company has yet to turn a profit on its first foray into tablet manufacturing and sales, according to a Tuesday regulatory filing. Microsoft's annual report, filed yesterday ...
Tags: Microsoft
Microsoft has revealed in a regulatory filing with the US Securities and Exchange Commission (SEC) that it achieved just $853m in Surface RT and Surface Pro sales during its 2013 fiscal year to the end of June. CEO Steve Ballmer had ...
Tags: Computer Products, software, Surface Tablets