WeatherBill is a weather insurance start-up founded by ex-Google employees David Friedberg and Siraj Khaliq and consists of a team of software engineers and climatologists who collate weather data from various sources.
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American businessman Warren Buffett is looking for ways to deploy his 38 billion dollar fortune, being interested in new acquisitions. The legendary investor announced his intentions in his annual letter to Berkshire Hathaway Inc shareholders on Saturday.
The new series of MacBook Pro notebook computers is out. Apple Inc’s new devices feature new processors manufactured by Intel and also graphics chips made by Advanced Micro Devices. The launch helped AMD considerably, the company’s stocks jumping more than 5 percent after the event.
Apple Inc’s shareholders held their annual meeting on Wednesday, during which they approved a proposal giving them a bigger say in appointing directors, but rejected demands for the company to disclose a succession plan for its boss Steve Jobs, currently on medical leave.
Recent rumors claimed that the new iPad would be launched later than previously announced, with Taiwanese brokerage Yuanta Securities saying that it would be delayed because of bottlenecks faced by contract manufacturer Hon Hai, but sources close to Apple Inc dismissed these allegations, saying that the launch will take place as scheduled.
The British Airways cabin crew are preparing to once again take a vote for a future strike, due to their ongoing dispute with the airline. This will be the fourth ballot among BA cabin crew in the past two years and will take place next month, from 1st of March to March 28, with the results of the vote to be made public soon after.
Growing reports of fraudulent transactions at the alibaba.com website have forced the Chinese e-commerce firm to replace its chief executive and chief operating officer, both CEO David Wei Zhe and COO Lee Shi-huei Elvis having resigned on Monday.
Google Inc is planning to focus more on its enterprise business, although 96 percent of the company’s revenue in 2010 came from advertising, with now more than 1,000 employees working in Dave Girouard’s department.
Starbucks Corp is planning to expand its business in the one-cup coffee-brewing market which is growing in popularity, looking for new deals around the world to achieve that objective.
After struggling with shrinking sales and accumulating debt for years, bookstore chain Borders Group Inc filed for bankruptcy protection with the U.S. Bankruptcy Court in Manhattan, also announcing that it would close 200 bookstores, which represent about one third of the total number.