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Wednesday, November 13, 2019
To add to its growing list of partnerships, Delta has announced a $1.9 billion deal to acquire a 20 percent stake in LATAM Airlines Group. Delta currently has stakes in Grupo Aeromexico, Air France, China Eastern, Brazil’s Gol, Virgin Atlantic, and Korean Air Lines, among others.
The world’s second-largest airline carrier is partnering with Georgia Tech and the Curiosity Lab to further research in the autonomous vehicles industry.The Curiosity Lab is located in Peachtree Corners, Georgia and is a 1.5-mile smart city and mobility laboratory that uses 5G and...
Online education platform, Coursera, has acquired Rhyme Softworks, a startup platform that allows developers to build virtual hands-on learning projects that can be completed from the user’s internet browser. The terms of the acquisition haven’t been disclosed at this time.As of last month,...
Thanks to new tariffs imposed by China set to go into effect next month, a number of U.S. companies will feel the pinch, while American consumers will likely pay more for their products in the coming months.Two days ago, China announced new tariffs...
Dell and AT&T have announced that they are partnering to deliver open-source technology solutions to support and expand its service opportunities in the 5G era.The multinational technological companies hope to accelerate cloud and edge computing solutions by combining AT&T’s Network Cloud and...
FedEx recently announced that it will no longer be a provider for Amazon's ground delivery services when their contract expires. Two months ago, FedEx also ended its contract for air delivery service with Amazon.FedEx stated that these moves will better position it...
After countless talks for many years, media giants CBS and Viacom have agreed to merge. The name of the new company will be called ViacomCBS. Bob Bakish will head the new company. Joe Ianniello, CBS’s CEO, will be in charge of CBS’s assets once the merger is...
The two largest newspapers in the U.S. will soon become one. GateHouse Media is purchasing Gannett in a $1.4 billion deal that hopes to reverse declining revenue and circulation issues. The merger will still face challenges down the road as publications around the country are having to...
As the ongoing trade war intensifies between the U.S. and China, more than 50 multinational companies are reported to be leaving China to manufacture their goods elsewhere. The companies are shifting production to countries that haven’t been levied inflated tariffs by the U.S.According...
General Electric is furthering its renewed commitment to the environment with its launching of a new solar business with BlackRock. GE has created a footprint in the industry over the past few years, aligning its goals with energy storage and renewable storage. GE has...