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technologies
Uber acquires Electric Bike rental service
Uber Technologies Inc. has acquired JUMP Bikes for an undisclosed amount. The acquisition comes shortly after TechCrunch reported that JUMP was in talks with Uber of a sale exceeding $100 million or a funding round, which possibly included Mike Mori....
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GM to release 20 all-electric cars by 2023
General Motors Co. (NYSE: GM) has announced its intentions to go fully electric and unveil a line of 20 new all-electric vehicles by 2023. This announcement comes as GM Chairman and CEO, Mary Barra, wants to envision a world with “zero crashes....
Disrupting the Real Estate Disrupters
REX, the start-up firm, is on its way to becoming the next generation when it comes to real estate multiple listing services (MLS). The company is currently crafting a futuristic MLS created on the base of three cutting edge technologies- digital cu....
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Honeywell surpasses Q3 profit estimates, raises full year forecast
Honeywell International, Inc. (NYSE: HON) reported a better-than-expected quarterly profit, as sales in its aerospace unit and the business that caters to the energy industry were not as bad as it had feared.Sales in Honeywell's aerospace busine....
Bain Capital LP raises $720 million for its first Investment Fund on Life Sciences
According to Reuters, private equity firm Bain Capital LP has announced that it has raised $720 million for its first investment fund focused on the life sciences sector. The investment fund will give Bain the supplies to focus on specific inv....
Apple focuses more on Augmented Reality
Earlier in 2016, Apple, Inc. (NASDAQ: AAPL) CEO Tim Cook commented on the future of Augmented Reality (AR), saying that we will all "have AR experiences every day, almost like eating three meals a day. It will become that much a part of you." R....
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