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Intel buys Mobileye for $15.3B

Intel is acquiring Mobileye, an Israeli company that makes sensors and cameras for driverless vehicles, for roughly $15.3 billion.The transaction has been approved by the Intel and Mobileye...

How Does Apple Pay Mobile Payment Work?

Apple has launched Apple Pay, a contactless mobile payment technology. Apple Pay will be available with iPhone 6, as well as the Apple Watch, two gadgets the Cupertino...

Vodafone, Verizon $130B Deal, Third Largest In Corporate History

Verizon is buying the US business of Vodafone for $130 billion in a cash and stock deal.  Verizon will sell its 23.1 percent minority...

Capital One To Sell Best Buy Card Portfolio

Capital One Financial Corporation has reached an agreement to sell the portfolio of Best Buy private label and co-branded credit card accounts, with current...

SAP Expands Financial Services Network

SAP has formed an expanded program team for SAP Financial Services Network. Bank of America Merrill Lynch, The Bank of Tokyo-Mitsubishi UFJ, Deutsche Bank, Nordea...