Company News

General Mills buys Annie's for $820 million

General Mills buys Annie's for $820 million

Food processing major General Mills Inc announced to buy Annie's Inc, organic food producer, for about $820 million.

‘The Honest Company’ is worth $1billion after 2 Years of Launch

‘The Honest Company’ is worth $1billion after 2 Years of Launch

According to the Wall Street Journal, The Honest Company, which Jessica Alba founded with Christopher Gavigan, Sean Kane and Brian Lee, has raised $70 million during fundraising rounds.

Salesforce.com Reports Better-than-Expected Quarterly Revenue

Salesforce.com Reports Better-than-Expected Quarterly Revenue

Cloud-based software services have witnessed higher demand during the past few quarters and many online companies have improved their product line.

CR: Innovative Tesla Model S sedan has a few glitches

CR: Innovative Tesla Model S sedan has a few glitches

After having named electric carmaker Tesla Motors' innovative Model S sedan as the best-reviewed car of 2014, Consumer Reports (CR) has recently noted that some of the vehicles suffer minor flaws.

BMWs sales increased 8.4% in July, but lead over Audi shrinks

BMWs sales increased 8.4% in July, but lead over Audi shrinks

In an apparent indication that luxury car manufacturer BMW's dominating position over German rival Audi is shrinking, BMW has recorded lower volume growth in the US and Europe, even though its sales i

Broadcom Cuts One-Fifth of its Total Workforce

Broadcom Cuts One-Fifth of its Total Workforce

Broadcom made an announcement on Tuesday about winding down its struggling cellular baseband chip business and removal of one-fifth of its total workforce.

Red Hat reports financial results for FY15 first quarter

Red Hat reports financial results for FY15 first quarter

On Wednesday, Red Hat Inc. - the world's largest seller of Linux software - reported its financial results for its fiscal year 2015 first quarter which ended on May 31, 2014.

Facebook updates iOS app to version 10.0

Facebook updates iOS app to version 10.0

On Wednesday, popular social network Facebook updated its flagship iOS app to version 10.0; bringing on some notable new features - like 'write now, post later' - as well as speed enhancements.

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SanDisk launches new SD card with 512GB of storage space

In a move which brings the 'highest capacity ever' SD card to the market, memory specialist SanDisk has recently launched a new SD card - dubbed SanDisk Extreme PRO SDXC UHS-I - which boasts a massive 512 gigabytes (512GB) of storage space.

The new 512GBSanDisk SD card - which has been launched by Scandisk nearly one decade after the...

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