GM all set to start selling cars on eBay in California
GM is all set to begin their test program on eBay.com.
This program would see the company dealers sell cars on the leading online auction service.
GM and eBay announced that more than 225 General Motors dealers in California will sell vehicles through the [...]
Microsoft retail stores coming to Arizona and California
Microsoft has announced that the first of their retail stores are going to be opened in Arizona and California.
The company has already leased places in Mission Viejo, Calif. and Scottsdale, Ariz.
Incidentally, the location in California already holds an Apple Store.
Microsoft said that they picked up these [...]
GM might sell rebranded Toyota Prius?
Bloomberg has reported that Toyota and General Motors are in talks for a possible deal over Toyota Prius.
The report said that GM might offer a rebranded version of Toyota Prius in the US market.
Industry sources say that Toyota President Akio Toyoda and GM’s Fritz Henderson are scheduled to meet [...]
Tesla Motors gets $465 million in federal loans
Electric car maker Tesla Motors has announced that they have won $465 million in federal loans from the US government.
The company would use these new funds to build two plants in California.
Ford Motor and Nissan are two other automakers who have received similar help from the [...]
PayCycle Acquired by Intuit
Software Company Intuit has announced that they are acquiring online payroll provider PayCycle.
The deal is worth around USD 170 million.
This acquisition would help Intuit expand their cloud computing services.
PayCycle is based in Palo Alto, California and they have around 85000 small business customers.
Incidentally, the company was founded by former Intuit employees. [...]
Transitive Corp to be acquired by IBM
US based tech giant IBM has announced their plans to acquire privately-owned Transitive Corp.
IBM has not revealed the financial aspects of this latest acquisition deal.
IBM is already a partner of this company as they bundle their applications with software that it packages with some of its computer systems.
Transitive is [...]
Wal-Mart set to launch Marketside stores
US based retailing giant Wal-Mart has announced that they are all set to launch their Marketside grocery stores in the Phoenix, Arizona region.
With this they would take on Tesco in this segment of the market (fresh groceries and prepared foods).
This launch comes less than a year after Tesco entered the [...]
Reports: Amazon.com to start selling Wine
Market sources are pointing towards Napa Valley Vintners which claims that online retailing giant Amazon.com would soon start offering Wine on their service.
This service would begin as early as this month.
Amazon had for the time being declined to comment on these reports.
Napa Valley Vintners represents around 315 vintners in the [...]
Oracle acquiring ClearApp
Database industry giant Oracle has announced that they are now acquiring ClearApp.
ClearApp specializes in developing software for managing the performance of composite applications in SOA environments.
The two companies expect to complete the deal by the end of the year.
Oracle said that they would be using technologies gained by this acquisition in [...]
McAfee acquiring Reconnex
Security software maker McAfee has announced that they are now acquiring data protection appliances and software company Reconnex.
The deal is worth around US$46 million and it would be conducted in a cash transaction.
McAfee expects the deal to be complete by the end of September this year.
They would then integrate Reconnex technologies into their [...]
