Anthem is set to acquire Cigna Inc, subject to ironing out of a few details as well as antitrust scrutiny. Anthem, a leading U.S based health insurer, has announced that it is close to finalizing a deal wherein it will acquire Cigna Inc, its peer. The $48 billion deal could be sealed as early as...

  Exploring a different vertical, Sony Corp. announced their intention to enter the global market for unmanned aircrafts – drones. The company has formed a new company named Aerosense in a joint venture with Tokyo startup ZMP Inc.   Tokyo startup ZMP Inc. specializes in autopilot...

Location Visit Optimization or LVO, has been launched by UberMedia. This latest mobile machine-learning system that allows advertisers to optimize mobile ad campaigns to adjust to real-world consumer location visits, has been developed and patented by the company.   Hyper-focused, custom...

In spite of tapping into the Chinese smartphone market, where it performed “spectacularly”, Apple’s performance did not meet analysts’ expectations and it saw share price drop by 7%. With Apple publishing its fourth-quarter results, trading in its shares took a southern turn as results did not meet...

The new executive-vice-president of Sallie Mae has been announced. Sallie Mae, a U.S. financial services corporation that is “publically traded”, broke the news of its new “executive vice president”. The company made an announcement stating that Charles P. Rocha will shortly assume the post of...

Exporters of textiles and fabrics to Europe now would have to go through stricter norms to be able to continue with exporting. The existing ban on use of chemicals for textiles now include nonylphenol ethoxylates (NPE) after the member states of the EU voted in favor of extending the chemical ban....

The golden version of Gundam, one of the most iconic robots ever in Japan, would now be available for sale, provided one can shell out 20 million yen or $160,000. The value is as much for the 1000 grams of gold adoring the robot as the iconic status. This robot would be available at the "The Art...

The largest US defense corporation Lockheed Martin has signed a definitive agreement with United Technologies to acquire helicopter holding Sikorsky Aircraft for $ 9 billion, Lockheed report says. Taking into account the tax benefits arising from the transaction, the sum would amount to 7.1 billion...

The hybrid cloud and mobility capabilities of Accenture would be enhanced after the company took over complete ownership of Solium. The acquisition would help establish Accenture’s clouding capabilities as number one in Europe. Solium, a Madrid-based technology company was co founded by Accenture...