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Panasonic buys U.S. refrigeration firm Hussmann for $1.5 billion

December 21, 2015 by · Leave a Comment 

Japanese electronics maker Panasonic Corp is set to buy U.S. refrigeration firm Hussmann for over 186.6 billion yen ($1.5 billion) in a deal it says will leverage its technology and help it break into the U.S. food distribution industry. Panasonic, like several domestic peers, has been moving away from unprofitable smartphones and plasma television sets, focusing instead on higher margin products, such as high-end cold storage, …

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Panasonic buys U.S. refrigeration firm Hussmann for $1.5 billion

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Alibaba names new head of anti-counterfeiting, IP unit

December 21, 2015 by · Leave a Comment 

(Reuters) – Alibaba Group Holding Ltd appointed Matthew Bassiur as head global intellectual property enforcement to oversee the company's anti-counterfeiting and intellectual property rights protection efforts. The appointment comes days after the Chinese e-commerce giant avoided

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Alibaba names new head of anti-counterfeiting, IP unit

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Alibaba names new head of anti-counterfeiting, IP unit

December 21, 2015 by · Leave a Comment 

(Reuters) – Alibaba Group Holding Ltd appointed Matthew Bassiur as head global intellectual property enforcement to oversee the company's anti-counterfeiting and intellectual property rights protection efforts. The appointment comes days after the Chinese e-commerce giant avoided being named on a U.S. blacklist for sites hosting the sale of fake goods. Alibaba's Taobao Marketplace and Alibaba.com were both previously on the piracy blacklist, which highlights markets

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Alibaba names new head of anti-counterfeiting, IP unit

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Alibaba agrees on $266 million acquisition deal with South China Morning Post

December 14, 2015 by · Leave a Comment 

SHANGHAI/HONG KONG (Reuters) – Alibaba Group Holding Ltd has agreed on a $266 million deal to acquire the South China Morning Post and other media assets of SCMP Group Ltd , a deal that has raised a question over the outlook for its editorial independence. In a filing to the Hong Kong

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Alibaba agrees on $266 million acquisition deal with South China Morning Post

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Philips in lighting partnerships with Cisco, SAP and Bosch

December 9, 2015 by · Leave a Comment 

AMSTERDAM (Reuters) – Philips has entered strategic partnerships with Cisco , SAP and Bosch [ROBG.UL] under which the Dutch company will become a preferred supplier of networked lights.

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Philips in lighting partnerships with Cisco, SAP and Bosch

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Yahoo will not spin off Alibaba stake, weighs core business sale: CNBC

December 9, 2015 by · Leave a Comment 

SAN FRANCISCO/BENGALURU (Reuters) – Yahoo Inc is weighing a sale of its core Internet business and will not sell its stake in Chinese e-commerce firm Alibaba Group Holding Ltd , CNBC reported, with an announcement coming as soon Wednesday. The moves represent a stark rejection of Chief Executive Officer Marissa Mayer's plan to sell the $30 billion Alibaba stake and to

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Yahoo will not spin off Alibaba stake, weighs core business sale: CNBC