Mars Incorporated has announced buying out Warren Buffett's stake in Wrigley chewing gum business. After the deal, M&Ms, Snickers, Starburst fruit chews, Doublemint, Mars and Extra gum will be under one business unit. The terms of the deal have not been disclosed but as per insider reports, Berkshire Hathaway is making a good profit with the deal.
The Wall Street Journal (WSJ) reported on Thursday that ephemeral messaging service Snap Inc. - previously called Snapchat - is preparing for an initial public offering (IPO) by late March 2017.
According to the report, based on the information shared by unidentified sources, the imminent IPO could potentially value Snap Inc. at approximately $25 billion.
A Park City, Utah-based great white shark research organization has confirmed the existence of a great white shark nursery off New York's Long Island.
The OCEARCH expedition told reporters that the waters off Long Island's Montauk Point are a great white shark nursery, and that it is the first in the study of sharks in the northwest Atlantic Ocean.
According to recent reports from TechCrunch and CNBC, bigwig South Korean device maker Samsung has acquired a startup called Viv Labs, the company behind the next-generation artificial intelligence (AI) assistant called 'Viv.'
The financial terms of Samsung's acquisition of Viv Labs has not been officially disclosed.
Two rare insect species found in Glacier National Park needs protection as warmer temperatures caused by climate change are drying up the streams where these insects live, according to U. S. wildlife officials.