Sears Holdings And Simon Property Group, Inc. Form A 50/50 Joint Venture To Unlock Real Estate Value At 10 Sears Holdings Properties At Simon Malls

Apr 13, 2015 HOFFMAN ESTATES, Ill. and INDIANAPOLIS, April 13, 2015 /PRNewswire/ -- Sears Holdings Corporation (NASDAQ: SHLD) ("Sears Holdings") and Simon Property Group, Inc. (NYSE: SPG) ("Simon") announced that they have created a joint venture (the "JV") as part of Sears Holdings' continued efforts to unlock the value of its extensive portfolio of real estate holdings. Sears Holdings has contributed 10 properties located at Simon malls to the JV, including property leased to outside parties. Read more [...]

Melco Group and Microsoft announce patent agreement

NAGOYA, Japan, and REDMOND, Wash. — March 16, 2015 — On Monday, Melco Holdings Inc., parent company of Buffalo Inc. and Buffalo Group (“Melco Group”), and Microsoft Technology Licensing LLC, announced a patent agreement providing Melco Holdings coverage for its Linux- and Android-based devices under Microsoft’s patent portfolio. “With this agreement, we are pleased to build on prior patent licensing arrangements with Melco,” said Nick Psyhogeos, vice president and executive director Read more [...]

Microsoft hires Michael Gough as corporate vice president of design, Applications and Services Group

REDMOND, Wash. — Feb. 2, 2015 — Microsoft Corp. on Monday announced that Michael Gough has joined the company as corporate vice president of design for the Applications and Services Group (ASG). Gough will be responsible for leading design across many of Microsoft’s most important products, including Office 365, and will report to Julie Larson-Green, chief experience officer. Gough joins Microsoft from Adobe Systems Inc. where he most recently served as vice president of experience design leading Read more [...]

Meritor Sells Mascot Brand to Investor Group

TROY, Mich., Sept. 29, 2014 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it completed the sale of its Mascot operations in Canada and the United States to an entity that will operate under the name Mascot Industries LLC. All other Meritor brake and trailer axle remanufacturing operations, as well as Meritor's distribution business, are not affected by the sale and will continue to operate as usual. "The decision to sell Mascot was the best option for our customers and for Read more [...]

Microsoft Devices Group announces ultra-affordable mobile phone with music and video player for 19 euros

REDMOND, Wash. — Aug. 11 , 2014 — Recognizing the rapid growth of ultra-affordable mobile phones, Microsoft Devices Group on Monday unveiled the Nokia 130, a mobile phone designed to introduce millions of people to new digital experiences. At just 19 euros,* the Nokia 130 combines the everyday essentials that first-time mobile phone buyers expect with the beautiful design, reliability and mobile entertainment they want. Featuring a built-in video player, music player with up to 46 Read more [...]

Wanted: Vigilante group “TheFUZZ,” for the crime of yarnbombing the Cades Pavilion

It was a crisp, clear July morning at Spalding House—birds were singing, and through the trees Diamond Head was highlighted in a sunbeam. Everyone at the museum felt that it was shaping up to be another perfect day, when we suddenly discovered that we were once again the victims of a yarn bombing! Cades Pavilion was wrapped in a crocheted sheath of greens and browns, ingeniously making it disappear against its background of thick foliage. Psych! The museum had welcomed back with pleasure the TheFUZZ, Read more [...]

A Group Too Extreme For Al Qaeda Just Took Over Iraq’s Second Biggest City

They have live-tweeted amputations, carried out public crucifixions and have been disavowed as too extreme by al-Qaeda. Now they have taken over Mosul, Iraq's second biggest city. They are the Islamic State of Iraq and the Levant, or ISIS, a group of extremist Sunni Islamist militants, and they are rapidly becoming one of the deadliest and most prolific insurgent groups in the Middle East. On Tuesday, ISIS fighters led a surprise attack on government locations in Mosul, Iraq's second largest city. Read more [...]