Amazon to complete acquisition of Whole Foods on Monday, cut some prices
- 24-Aug-2017
Amazon.com said on Thursday it plans to complete its $13.7 billion acquisition of Whole Foods Market on Monday after winning antitrust approval from US regulators on Wednesday. The companies said in a joint statement that Whole Foods will offer lower prices starting on Monday “on a selection of best-selling grocery staples across its stores.” Amazon […]
Kraft Heinz bids $143 billion for Unilever in global brand grab
- 18-Feb-2017
LONDON: U.S. food company Kraft Heinz made a surprise $143 billion offer for Unilever in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a […]
Google buys city-guide app maker
- 16-Aug-2014
“We’ll be removing Jetpac’s apps from the App Store in the coming days, and ending support for them on 9/15,” stated a posting on JetPac’s homepage. (bit.ly/1b66Re9) San Francisco-based JetPac has created a mobile application that uses pictures from various social networking sites to create city guides. Earlier this year, Google bought Nest Labs Inc, […]
Facebook to acquire Internet security company PrivateCore
- 08-Aug-2014
SAN FRANCISCO: Facebook Inc said on Thursday it will to acquire a company that helps protect the computers and data centers that power Internet services.