Industry News

Baidu, China's largest search engine provider. The Morgan Hill, Calif.-based company just received $150 million from Ford and Baidu to continue development and production of Lidar, or the 3 D light-powered radar that helps self-driving cars see where they are going. With a presence on three continents, Velodyne is..."/>
Ford partner Velodyne at frontier of self-driving cars [Detroit Free Press]
Child ID theft is growing problem [Detroit Free Press]
Facebook..."/>
Samay Kohli scores big with robotic automation [Mint, New Delhi]
Banc of California, a banking brand started in 2013 after the merger of several small institutions, is linking up with the Los Angeles Football Club."/>
Marketing: Seven reasons companies put their names on stadiums [The Orange County Register]
Facebook CEO Mark Zuckerberg has decided not to compete with Snapchat-- so much as to just brazenly copy it. In a move that will likely spur a tidal wave of cease-and-desist letters if it hasn't already, Facebook-owned Instagram launched a new feature dubbed Stories. It's a soup-to-nuts ripoff of Snapchat's primary broadcast tool with a similar name."/>
Booting Up: If you can't beat them... copy them [Boston Herald]
Snapdeal plans rebranding to boost image [Mint, New Delhi]
LoanTap raises $3 million from HNIs [Mint, New Delhi]
MediaTek Inc., Temasek Holdings Pte and Goldman Sachs Group Inc., according to three people close to the development. Taiwan's Foxconn and Singapore's sovereign fund GIC Pte are also likely to participate in the latest round, besides existing investors Alibaba Group and SAIF Partners, the people..."/>
Paytm parent in talks to raise around $350 million [Mint, New Delhi]
Oracle will be promoting their startup at the 40th annual New England Governors and Eastern Canadian Premiers Conference in Boston."/>
The New Hampshire Union Leader, Manchester, Mike Cote column [The New Hampshire Union Leader, Manchester]
Migdal Insurance and Financial Holdings Ltd. in October 2012 for $107.5 million, and the investment is now being realized. The building was constructed in 1990."/>
Harbor Group, Migdal sell CNN building in Washington [Globes, Tel Aviv, Israel]

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