World Business Archives | Be Korea-savvy

Archive by category World Business

CNH Industrial Appoints New Chairman

CNH Industrial Appoints New Chairman

London, Jul. 21 (Korea Bizwire) – The Board of Directors of CNH Industrial meeting today noted with deep regret that Chairman Sergio Marchionne will be unable to return to work. The Board has therefore named Suzanne Heywood as Chairman. The Board will continue the process that is already under way to select a new CEO. In [...]

Behind the Wheel: Precision Solutions and Telematics in Latin America

Behind the Wheel: Precision Solutions and Telematics in Latin America

London, Jul. 20 (Korea Bizwire) – Technologically advanced agricultural and construction machinery require training and skill to be operated to their full potential, and the CNH Industrial (NYSE: CNHI /MI: CNHI) Training and Technology Center (CTT) in Sorocaba, São Paulo state, Brazil was conceived exactly with this in mind. It is from this base that the [...]

Marcus Hiles – Texas Takes #1 Four Years in a Row in America’s Top States for Business

Marcus Hiles – Texas Takes #1 Four Years in a Row in America’s Top States for Business

DALLAS, Jul. 19 (Korea Bizwire) — The future business scene in Texas is looking brighter than ever as the state continues to hold its place as a national leader. Growth is spreading across areas such as North Texas, Houston and San Antonio with businesses quickly expanding their operations in the state that offers some of [...]

Jumio Introduces Liveness Detection for Web to Better Deter Fraud During Account Onboarding

Jumio Introduces Liveness Detection for Web to Better Deter Fraud During Account Onboarding

PALO ALTO, Calif., July 19 (Korea Bizwire) — Jumio, the creator of Netverify™ Trusted Identity as a Service (TIaaS), today announced the addition of Liveness Detection for Web to better thwart fraudsters’ evolving and sophisticated attempts to assume another individual’s identity. With identity verification, Jumio’s approach is to first verify the government-issued ID (e.g., driver’s [...]

Telecom Argentina’s Landing Station and Backhaul are Selected for ARBR Submarine Cable System Between Argentina & Brazil

Telecom Argentina’s Landing Station and Backhaul are Selected for ARBR Submarine Cable System Between Argentina & Brazil

BUENOS AIRES, Argentina and BOSTON, Jul. 18 (Korea Bizwire) — Telecom Argentina S.A. (“Telecom Argentina”) (BASE:TECO2) (NYSE:TEO), one of Argentina’s leading telecommunications companies, Grupo Werthein, a preeminent Argentine investment holding company with a track record of significant telecommunications holdings, and Seaborn Networks (“Seaborn”), a leading developer-owner-operator of submarine fiber optic cable systems, announced today that the ARBR submarine [...]

Uganda National Airlines Company Limited Signs Firm Order for Four Bombardier CRJ900 Aircraft

Uganda National Airlines Company Limited Signs Firm Order for Four Bombardier CRJ900 Aircraft

MONTREAL, July 18 (Korea Bizwire) — Bombardier Commercial Aircraft announced today that it has signed a firm order for four new CRJ900 regional jets with Uganda National Airlines Company. Based on the list price for the CRJ900 aircraft, the firm order is valued at approximately US$190 million. “We congratulate the Government of Uganda for the [...]

Light Raises $121 Million from SoftBank Vision Fund and Leica Camera AG

Light Raises $121 Million from SoftBank Vision Fund and Leica Camera AG

PALO ALTO, Calif., Jul. 18 (Korea Bizwire) — Light, the leader in advanced computational imaging, today announced a Series D funding round of $121 million, led by the SoftBank Vision Fund. The renowned Leica Camera AG also participated in the financing. Light’s groundbreaking imaging platform enables machines to see like humans do, using sophisticated algorithms [...]

Taconic Biosciences and Cyagen Biosciences Announce Strategic Partnership

Taconic Biosciences and Cyagen Biosciences Announce Strategic Partnership

RENSSELAER, N.Y., Jul. 18 (Korea Bizwire) — Taconic Biosciences and Cyagen Biosciences, global leaders in the generation of custom genetically engineered rodent models and associated services, announced a strategic partnership.  Under the agreement terms, the two companies will combine resources to provide the global scientific community with access to premium custom model design and generation [...]

Compuware Acquires XaTester and Partners with Parasoft to Deliver Essential Automated Unit Testing to Mainframe DevOps Teams

Compuware Acquires XaTester and Partners with Parasoft to Deliver Essential Automated Unit Testing to Mainframe DevOps Teams

DETROIT, Jul. 18 (Korea Bizwire) — Compuware today announced a product acquisition, enhancements to Topaz for Total Test, and a partnership that together dramatically improve the ability of large enterprises to embrace Agile and DevOps on their mainframes through the broader use of simplified, automated unit testing—which is essential for fast, safe and efficient development [...]

Cryptomining Replaces Ransomware as Most Popular Cybercrime Malware

Cryptomining Replaces Ransomware as Most Popular Cybercrime Malware

SAN JOSE, Calif., Jul. 18 (Korea Bizwire) — Skybox® Security, a global leader in cybersecurity management, announced today the release of its mid-year update to the Vulnerability and Threat Trends Report which analyzes vulnerabilities, exploits and threats in play. The report, compiled by the team of security analysts at the Skybox® Research Lab, aims to help [...]