Tech Energy Business Strategy Videos Awards
Tech Energy Business Strategy Videos Awards

Fiat Chrysler pays $77m penalty for breaching fuel regulations

Fiat Chrysler has paid the largest fine issued to a single company for at least five years, despite lobbying the Trump administration to revise the fuel economy requirements that led to the penalty

Hellman & Friedman agrees $11bn acquisition of Ultimate Software

An investment group led by private equity fund Hellman & Friedman has agreed to purchase cloud-based HR developer Ultimate Software for a cash transaction of $331.50 per share

Goldman Sachs leads $20m investment in fintech app Bud

UK-based fintech firm Bud has received significant investment from a number of financial heavyweights, which will help the start-up expand into global markets

Tagged in: , ,

Hyundai Heavy Industries to acquire majority stake in rival Daewoo

South Korean shipbuilder Hyundai Heavy’s acquisition of Daewoo will allow it to increase its global market share to almost 20 percent

Yahoo’s proposed data breach settlement rejected by judge

Internet giant Yahoo had drawn up a $50m settlement package for victims of a mass cyber hack, but it was thrown out due to lack of clarity

Tagged in: , , ,

All Nippon Airways set to order Boeing and Airbus aircraft

Japan’s largest airline will order 30 Boeing and 18 Airbus aircraft as part of plans to meet the Asian aviation market’s growing demand

Google fined €50m following first breach of new EU data laws

French watchdog CNIL has hit Google with the largest fine imposed by a European regulator to date, citing concerns over Google’s diluted approach to seeking consent

Tagged in: , , ,

Intel veteran Aicha Evans named CEO of self-driving vehicle start-up Zoox

Silicon-Valley-based start-up Zoox has announced that Intel’s Aicha Evans will replace former CEO and co-founder Tim Kentley-Klay, who left the company unexpectedly in August

Amazon’s IMDb launches ad-supported streaming service

Amazon-owned online movie database IMDb has entered the highly competitive streaming market with the launch of IMDb Freedive, a free, ad-supported video platform

Eli Lilly bets on cancer drugs with Loxo Oncology acquisition

US drugmaker Eli Lilly has agreed a deal to purchase Loxo Oncology for $8bn, a move that will help the firm expand its capabilities in precision cancer treatments

Indonesian e-commerce company Tokopedia secures $1.1bn funding

Amid slowing growth within the Chinese e-commerce market, Alibaba has been expanding into South-East Asia at a rapid pace

Tagged in: , ,

Huawei CFO arrested in Canada following US extradition request

The arrest of Meng Wanzhou, CFO of Huawei and daughter of company founder Ren Zhengfei, has sparked fears of heightened tensions between Washington and Beijing