Twitter To Increase Diversity In Hiring Employees In 2016

Most companies have already adopted newer policies regarding hiring employees to diversify its workforce, some to be implemented next year. The latest to join this trend is the social media application and widely used by netizens, Twitter.

Twitter

Mylan Slated To Make A Formal Offer With Perrigo; Proposed $35.6B To Acquire Dublin-Based Pharmaceutical Company Approved By Shareholders

Mylan shareholders reportedly approved the proposed bid of $35.6 billion to acquire Perrigo. Mylan is slated to make the offer with the Dublin-based company in the coming weeks.

Mylan

Fewer People Claim They Are Jobless, Laid Off From Work — Economy Improving?

The jobless rate in the country has apparently slumped, with fewer people asking for unemployment benefits the week prior. The decreased number may have been possible due to the current economy that has hampered many companies from laying off their employees.

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Jobs & Career News

Medical Technology Company Greatbatch Eyes Lake Region Medical For $1.73 Billion

Greatbatch

Medical Technology Company Greatbatch has set eyes on Lake Region Medical as its newest acquisition. Greatbatch's purchase of the company previously called Accellent Inc amounted to $1.73 billion. Lake Region Medical, which generally provides research and development assistance and contract manufacturing to creators of medical device, would gain $478 million in cash and 5.1 million shares. Greatbatch would also assume the $1 billion debt of the company.

Netflix Ties Up With Softbank For The Launching Of Its Video Streaming Service In Japan

Netflix

Online streaming service Netflix has tied up with Softbank, a telecom giant in Japan where it will launch its video streaming service in Sept. 2. On Monday,Netflix stated that its partnership with Softbank, one of Japan's leading internet providers and wireless carriers, would permit customers to have access for a Netflix subscription via their existing accounts with Softbank.

FedEx Signs Tentative Collective Bargaining Agreement; Pilots Can Look To A Brighter Future

FedEx

Good news for FedEx pilots! They can now look to a brighter future ahead. Reuters reported that the Air Line Pilots Association (ALPA) stated that FedEx pilots have agreed tentatively with FedEx on an improved collective bargaining compromise.

Elon Musk's Visionary Train 'Hyperloop' Takes A Definite Form

Elon Musk

When you hear the word "Hyperloop," what comes into your mind? Some would immediately think of the distant future with modes of transportation which you can only see in a sci-fi movie. But the fact is, "Hyperloop" is a train that can transport cargo and passengers between cities with the speed above 700 miles per hour. The idea, as envisioned by Elon Musk in 2013, required a pressurized, above-ground subway that will reach hundreds of miles.

Twitter Stock Plummets Below IPO Following Q2 Earnings Release

Social Media Site Twitter

Twitter stock fell below its IPO amid the search for a new CEO. Execs admitted of having challenges in attracting new users, compared to its competitors, due to the level of complexity of the social networking’s interface.

Quicken Loans

Quicken Loans Acquires Book Tower Skyscaper Amid Revitalization Plans

The second largest overall retail lender in the United States, Quicken Loans, reportedly acquired the Book Tower skyscraper along with two other buildings in downtown Detroit. The lender’s newest acquisition is part of its revitalization plans for Detroit.

Best Buy

Best Buy To Distribute Apple Watches In 1,050 Retail & 30 Mobile Stores In The U.S.; High Demands For Smartwatches Boost Company Profit?

The high demands for the Apple Watch had driven Best Buy to distribute the device to 1,050 of its retail and 30 mobile stores before the end of September. It has been reported that increase in company’s sales was due to Apple products.

Batman: Arkham Knight

'Batman: Arkham Knight' One Of GameStop’s Sales Driver

“Batman: Arkham Knight,” being one of the top video games sold in June, reportedly helped boost up GameStop’s revenue. However, the gamers didn’t find the DLCs released in the past two months impressive. A new DLC pack is reportedly going to be rolled out in September, and fans are waiting if this is going to be better than the last.

Five Nights at Freddy's 4 Animatronics

'Five Nights At Freddy’s 4' Update Slated For Holloween Teases Scott Cawthon's Next Game? 'FNAF 3' Sequel The Last Of The Franchise?

“Five Nights at Freddy’s 4” will be receiving a Halloween update according to game creator Scott Cawthon. The 1.1 update will include a lot of stuff and if not a playable demo, at least a sneak peek to Cawthon’s new game (not “FNaF 5”). Could the 4th installment be the last of “FNaF” series?

Toronto-Dominion Bank

Toronto-Dominion Bank Reaps Higher Profits Amid Increasing Expenses And Low Corporate Level Income; Canadian Lender Open For More Assets Acquisitions?

On Thursday, Toronto-Dominion Bank reported gaining higher profits in the third-quarter amid the increasing expenses and low corporate level income. Due to the profit increase, the Canadian lender is considering to buy more high-quality U.S. assets, which would create sustainable value.

Rodney Nelson

The BIGGEST Acquisition of the Year: Schlumberger Acquires Cameron International

Schlumberger, the world's biggest oilfield services, has acquired its partner Cameron International Corp. for $14.8 Billion

Samsung Gear S2

Samsung Exec Gives Gear S2 A Test Drive, Flaunts Snap On Instagram: Quick Facts & Rumors About The New Smartwatch

Samsung exec teased the Gear S2 on Instagram saying he is giving it a test drive. What we know so far is its physical appearance and its software. Most of the specs and features are speculations, but fans’ long wait will be over as the company is expected to unveil more details in the upcoming 2015 IFA.

Swatch Watches

Swatch Refuses Going Head-To-Head With Apple; Swiss Watchmaker To Release More Focused, NFC-enabled Smartwatches?

Swatch will be releasing simpler and focused smartwatches that are designed just like current watches, with water resistance and an NFC-enabled feature, which will make the device an alternative to credit card. CEO Nick Hayek dismissed the idea of creating a multifunction computer as wristwatch, just like Apple smartwatches.

Long Work Shifts

The Longer You Work, The Higher You Are At Risk For Stroke — Research Says

Study suggests that longer work hours may put someone at risk for developing stroke. Though other predisposing factors were not fully accounted, experts say that it is important for both employers and employees to understand the implications of long working hours and stress.

Ashley Madison

Reported Suicide Cases Possibly Related To The Unveiled Clients Of Ashley Madison?; ALM Sets Bounty For Hackers, Faces Lawsuit For Negligence

There have been reported suicides that could possibly be linked to the Ashley Madison hacking incident. In the effort to provide a resolution, Avid Life Media, who’s lawsuit cases are piling up, announced that they were willing to pay anyone who could provide a lead to the hackers.

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