Fidelity Investments said it will launch six exchange-traded funds based on factor strategies, an investment style also called smart beta. The Core Dividend ETF, the Dividend ETF for Rising Rates, the Low Volatility Factor ETF, […]
China Zhongwang Holdings founder Liu Zhongtian has been accused by US trade group Aluminum Extruders Council of stockpiling $2 billion in aluminum — 6% of the world’s inventory — in Mexico to game the market. […]
Automobile deliveries in China increased 26% Y/Y to 1.8M units in August, according to the China Passenger Car Association. The rate of sales growth matched the pace from July. SUV and crossover sales rose 44% […]
The Federal Reserve is calling on Congress to ban merchant banking, in which banks acquire stakes in companies rather than lend to them. Banking industry groups, including FSR, said regulators had not provided a proper […]
Reports of Samsung’s new Galaxy Note 7 catching fire prompted the Federal Aviation Administration to warn airline passengers not to charge or turn on the phones in flight or even place them in checked baggage. […]
A mobile device is the only tool required to create augmented-reality content with Fyusion’s new platform. It allows users to record their surroundings and turn them into interactive 3D holographic images using only a smartphone. VentureBeat […]
“Pokemon Go” is coming to both Apple Watch and the game’s own wearable device. The $35 “Pokemon Go” Plus device will include a vibration alert that should allow users to keep their eyes up and […]
Taiwan’s Foxconn has invested $119.9 million in Chinese ride-hailing firm Didi Chuxing. Indeed, the world’s largest electronics manufacturer said on Thursday, in a deal that could value the start-up at about $33.7 billion. So, with […]
The most interesting numbers from Coupa’s filing: It had $83.6 million in revenue in 2015 (up 66% year-over-year) It lost $46 million last year. But its net loss is shrinking, as it lost $24.3 million […]
Google just announced it is buying Apigee, a specialist in application programming interfaces (APIs), for approximately $625 million in cash. Apigee makes software to manage APIs, which are basically the communication conduits by which different […]
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