Industry News

Facebook Inc. has hired Anand Chandrasekaran, a former Yahoo Inc., Snapdeal and Bharti Airtel Ltd executive, to help develop strategies for its Facebook Messenger app, the Wall Street Journal reported on Monday. In May, when Chandrasekaran quit Snapdeal, it was widely believed that he would take a second stab at entrepreneurship. Instead, he will join Facebook at its Menlo Park office in the US."/>
Facebook hires Anand Chandrasekaran in Messenger app push [Mint, New Delhi]
Paypal and offers customers anything from herbal supplements to new and used health books to custom-made jewelry. Gerald and Linda Curran have recently redesigned websites to include the most updated information on their collective..."/>
Leave it to Beavers Leave It to Beavers brings small business to big world [Columbia Basin Herald, Moses Lake, Wash.]
Intel Corp. has announced the appointment of Robert "Bob" H. Swan as executive vice president and chief financial officer of the company, effective Oct. 10.. Swan, operating partner at the growth equity firm General Atlantic, will report to Intel CEO Brian Krzanich. He will oversee Intel's global finance and IT organizations, as well as the Corporate Strategy Office."/>
BRIEF: Intel has new CFO [Albuquerque Journal, N.M.]
Fujitsu Laboratories Ltd. and the Fraunhofer Heinrich Hertz Institute HHI today announced the development of a new method to simultaneously convert the wavelengths of wavelength-division-multiplexed signals necessary for optical communication relay nodes in future wavelength-division-multiplexed optical networks, and have successfully tested the method using high-bandwidth signal transmission in the range of 1 Tbps. In the..."/>
Fujitsu and Fraunhofer HHI Develop First-Ever Simultaneous Wavelength Conversion Technology with No Wavelength Restriction in Next-Generation Optical Networks
Fujitsu Limited today announced the release of FUJITSU Business Application ATMS PMV, a new addition to its ATMS series of intellectual-property solutions that support companies in their overall IP-related activities. ATMS PMV, available in Japan September 20, 2016, is an IP-management package for patents, designs, and trademarks. With existing tools, patent-acquisition reviews and applications could only be processed one patent at a time."/>
Fujitsu Introduces ATMS PMV, Bringing Efficiency to Increasingly Complex Intellectual Property Management
CoreLogic. Sales rose 8 percent from July."/>
Southern California home sales surge in August [Daily News, Los Angeles]
Nokia. Speaking at the Engage conference on Monday, Wuilmet listed the top five habits of innovative companies in his presentation. The conference brought innovative thought-leaders, real-world case studies, practical training sessions, and technical solutions under one roof to equip attendees with all the..."/>
Dream big and never say never, says expert [Khaleej Times, Dubai, United Arab Emirates]
Oracle OpenWorld-- Building on its position as the industry's leading Cloud Applications provider, Oracle today unveiled its strategy for next generation Software as a Service Cloud offerings that blend third-party data with real-time analytics and behavioral inputs to create Cloud Applications that adapt and learn. The result: intelligent Cloud Applications that automatically offer individualized recommended actions and..."/>
Oracle Unveils Its Next Generation Cloud Strategy: Intelligent Applications
SunPower Corp. announced today that it is purchasing AUO's portion of the two companies' joint venture which manufactures solar cells at an 800 megawatt fabrication facility in Melaka, Malaysia. "The solar industry expects continued growth for the foreseeable future, as solar power becomes increasingly cost effective in many countries," said Tom Werner, SunPower President and CEO."/>
SunPower Acquires AUO's Stake in Malaysian Joint Venture
Thermo Fisher Scientific Inc., the world leader in serving science, today announced that it has completed its acquisition of FEI Company, Inc., the leader in high-performance electron microscopy, for $107.50 per share in cash, or a total purchase price of approximately $4.2 billion. The completion of the transaction follows the receipt of all required regulatory approvals. The business will become part of Thermo Fisher’ s Analytical Instruments Segment."/>
Thermo Fisher Scientific Completes Acquisition of FEI Company
MINDBODY app, created by tech company MINDBODY, Inc., the leading provider of cloud-based business management software to the wellness services industry, has been nominated for a prestigious Lovie Award in the Mobile and Apps: Health and Fitness category. The app is also eligible for the People's Lovie Award. The Lovie Awards recognize the best of the European Internet across Websites, Mobile& Applications, Social, Internet Video and Online..."/>
MINDBODY App Nominated for Lovie Award
Cadence Design Systems, Inc. today announced the availability of a Cadence Rapid Adoption Kit for the new ARM Cortex-R52 CPU, which targets complex embedded designs for safety applications in markets including automotive, medical and industrial. The Cadence RAK, which consists of a complete digital implementation and signoff flow, is optimized to work with ARM Artisan physical IP and helps designers reach the highest frequency or..."/>
Cadence Delivers Rapid Adoption Kit for Fast Implementation and Signoff of New ARM Cortex-R52 CPU
Luxoft Holding, Inc., a leading provider of software development services and innovative IT solutions to a global client base, announced today that FORTUNE has named Luxoft to its 2016“ 100 Fastest-Growing Companies” list. This is Luxoft’ s first year on the list ranking 56 th on this prestigious list that recognizes public companies with the best three-year profit, revenue, and growth rate. “Our determined focus on management discipline, global delivery, technology and..."/>
Luxoft Holdings, Inc. Recognized as One of FORTUNE’S “100 Fastest-Growing Companies”
Facebook post Sunday evening, Ashley Ellis Sisco says she observed the club's bouncer permitting entrance to white patrons but denying it to black men and women. By Monday afternoon, the post, which contained a video of the club's entrance Saturday, had been shared over 74,000 times."/>
EpiCentre club accused of denying entrance to black patrons [The Charlotte Observer]
Cirrus Logic Inc. will replace Fairchild Semiconductor International Inc. in the S&P MidCap 400, and Amphastar Pharmaceuticals Inc. will replace Cirrus Logic in the S&P SmallCap 600 after the close of trading on Wednesday, September 21. ON Semiconductor Corp. is acquiring Fairchild Semiconductor in a deal completed today. Cirrus Logic, a fabless semiconductor company, develops, manufactures, and markets..."/>
Cirrus Logic Set to Join the S&P MidCap 400; Amphastar Pharmaceuticals to Join S&P SmallCap 600

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