Business News

FedEx Launches FedEx Fulfillment for Small Business to Compete with Amazon

FedEx Launches FedEx Fulfillment for Small Business to Compete with Amazon

FedEx has launched a new service named FedEx Fulfillment for small and medium business owners.

HP plans to cut up to 4,000 jobs in next 3-4 years

HP plans to cut up to 4,000 jobs in next 3-4 years

During the course of a meeting with analysts in New York on Thursday, bigwig PC and printer manufacturer HP Inc. said that it plans to lay off up 4,000 employees over the next 3-4 years.

Mars buys out Warren Buffett’s stake in Wrigley

Mars buys out Warren Buffett’s stake in Wrigley

Mars Incorporated has announced buying out Warren Buffett's stake in Wrigley chewing gum business.

Wal-Mart is acquiring e-commerce startup Jet.com to better challenge Amazon

Wal-Mart is acquiring e-commerce startup Jet.com to better challenge Amazon

According to reports, the world's largest traditional retailer Wal-Mart Stores Inc. is acquiring e-commerce startup Jet.com. The acquisition underscores an evident effort by Wal-Mart to pose a more substantial challenge to online retail giant Amazon.com Inc.

Apple is acquiring Seattle machine learning startup Turi

Apple is acquiring Seattle machine learning startup Turi

According to a Recode report published on Friday, tech giant Apple is acquiring Seattle-based machine learning startup Turi.  Though the financial terms of Apple's acquisition of Turi have not been officially disclosed, it is being speculated that Apple is paying nearly $200 million for acquiring the startup.

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