CRTC to examine the Canadian wholesale wireless mobile services market
This week the CRTC, an independent public authority in charge of regulating and supervising Canadian broadcasting and telecommunications, will be examining the wholesale wireless...
Vista Equity Partners to acquire Tibco Software for $4.3 billion
Vista Equity Partners has reached a $4.3 billion deal to acquire Tibco Software, a Palo Alto-based business that provides cloud computing software for companies,...
Dominion Energy gets natural gas export project approval
Producer and transporter of energy, Dominion Energy, received Federal approval to site, build and operate the Cove Point LNG liquefaction and export project. This...
Instagram CEO, Kevin Systrom, joins Wal-Mart’s board of directors
The CEO and co-founder of Instagram, Kevin Systrom, will be joining the Wal-Mart board of directors in an effort to help the chain improve...
Bank of America fined $7.65M by SEC because of accounting error
Bank of America is paying off $7.65 million because of an accounting error made five years ago.
Bank of America, accused of violating record...
Civeo Corp relocating to Canada to reduce taxes
The Houston based Civeo Corp., which provides lodgings for workers in Alberta’s oil sands, has announced its plans to relocate its headquarters to Canada...
Pessimistic outlook of the eurozone’s economic recovery
European countries are becoming more pessimistic about the outlook of the eurozone’s economic recovery, reflecting that confidence did improve with the recent new stimulus...
Solar power will dominate electricity production by 2050
Energy from the Sun, i.e. solar power, will be the dominant source of electrical energy by 2050, says the International Energy Agency (IEA) in...
Encana buys Athlon for $5.93 billion in cash
Canada’s second-biggest natural gas producer, Encana Corp. announced that it has agreed to acquire Athlon Energy Inc. The $5.93 billion all-cash purchase will give...
South Africans warned of Change in Banking Details Scam
Banking customers in South Africa are being warned to protect themselves from the Change in Banking Details Scam. The South African Banking Risk Information...