HIGHLIGHTS Tim Cook stands to receive 280,000 shares on Friday Cook has donated 23,215 of his current Apple shares Apple has became the first US-based company to reach $1 trillion Apple’s Tim Cook is set to collect stock worth about $120 million (roughly Rs. 840 crores) this week thanks to a run-up in shares of the iPhone maker. On Friday, Cook …
HIGHLIGHTS The global patent battle started seven years ago Samsung infringed three of Apple’s design patents The case has always been about more than money: Apple Apple won $539 million (roughly Rs. 3,700 crores) from Samsung Electronics Co. in the final throes of the companies’ US court struggle over smartphone technology, seven years after the start of a global patent battle. Apple sought about $1 …
India’s internet user base will hit 500 million by June this year and by 2020, the country will have more than 700 million smartphone users, according to the industry experts. Mobile phones will emerge as the preferred device for online shopping by 2020, accounting for 70 per cent of total online shopping, said the experts at the seventh edition of …
Alabama Sen. Doug Jones today announced more than $1.1 million in USDA grants to support distance learning and telemedicine in Alabama. The grants are part of the USDA’s Distance Learning and Telemedicine (DLT) program. The grants will expand access to job training, educational and health care opportunities for rural communities. “These grants can help provide a lifeline to health care …
Indian School Finance Co. Pvt. Ltd (ISFC), which lends to companies in the education sector, is looking to raise around $30-35 million (approximately Rs200-230 crore) from private equity investors, said two people aware of the development. ISFC, a non-banking financial services company (NBFC), founded in 2008, lends to schools and education institutions. It lends to private schools, affordable schools, vocational …
Lakshmi Mittal’s donation will establish an endowed fund for the South Asia Institute at Harvard University. Photo: Mint Washington: Steel tycoon Lakshmi Mittal has donated $25 million to the prestigious Harvard University with an aim to increase engagement with South Asian countries, including India. The donation will establish an endowed fund for the South Asia Institute at the university. The institute …
Mexican President Enrique Pena Nieto announced plans Monday for an $840 million Mayan theme park on the Caribbean coast to rival the major theme parks in the United States. The park, dubbed Amikoo – or ‘friend’ in the Mayan language – will have rides and characters based on Mayan mythology and be built in two phases in the so-called Riviera …
Nissan has released a statement claiming that the car maker has conserved 6.1 million litres of water in India over the past three years through an innovative car wash technique. Nissan’s foam wash technique is used to clean cars at its service centres across India, and is the reason behind the substantial amount of water being saved. Commenting on this …