Company News

Kohlberg Kravis Roberts offers a $3.2 billion bid to takeover Treasury Wine Estate

On Monday, the Australian vintner Treasury Wine Estates stated that it would consider the $3.2 billion takeover offered by the private equity giant Kohlberg Kravis Roberts.

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McDonald’s to get back to its Full Menu

It has been two weeks ever since McDonald's Corp pulled items such as beef and chicken burgers from its menu as its supplier Shanghai Husi Food Co. was probed for using expired meat. The company has announced that this week it will resume its full menu in some Chinese cities.

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Three US States File Lawsuit against 5-Hour Energy Drink for Misleading Advertising

Over concerns of deceptive and misleading advertising, Oregon, Washington and Vermont filed a lawsuit against the makers of 5-Hour Energy on Thursday. It has also been claimed that the suits will be soon followed in other states in the coming weeks.

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Microsoft joins AllSeen Alliance as a Premier Member

According to a Reuters report, tech giant has recently joined the AllSeen Alliance as a Premier Member. The AllSeen Alliance is considered as the broadest open-source project related to the so-called 'Internet of Things.' It was started by the nonprofit consortium the Linux Foundation in December 2013.

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Apple ships new versions of its operating systems, Safari web browser, and Apple TV firmware

On Monday, new versions of Apple's OS X and iOS operating systems were shipped, along with an update version of the company's Safari web browser and Apple TV firmware.

As a result, Apple's OS X Mavericks version has been updated to version 10.9.4; while iOS 7 version has been updated to iOS 7.1.2.

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Walmart slashes the cost of 16GB models of iPhone 5s and iPhone 5c

On Friday, retail giant Walmart announced that it is slashing the cost of Apple's iPhone 5s and iPhone 5c handsets. The iPhone price-cut move announced by Walmart is an apparent indication of the imminent release of the much-anticipated next-generation iPhone model - the 'iPhone 6.'

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Google announces first official partners for Google Glass applications aimed at businesses

After having announced its `Glass at Work' program in early April, Google said in a Monday announcement that it has picked its first official partners for Google Glass applications targeting business and enterprise customers.

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The Verge: Microsoft bringing Kinect motion-sensing input technology to ‘Nokia McLaren’ handset

The Verge has revealed in a recent report that the Kinect motion-sensing input technology is being brought to Microsoft's forthcoming Windows Phone handset --- the company's future Lumia flagship codenamed 'McLaren.'

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