Careem to invest $100 million in R&D, acquires 50 engineers of VentureDive

Transportation network company, Careem announced a new research and development (R&D) strategy and plans for global expansion. Over the next five years, Careem will invest $100 million in R&D, which includes growing its team in UAE and Pakistan, and opening new R&D centers in Egypt and Germany. The investment will accelerate innovation in transportation-related technology infrastructure for the…

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Microsoft – Nokia acquisition completed: They are now Officially One

microsoft-nokia-SatyaNadellaandStephenElop
Since September 2013 when Nokia devices and services business were set to be acquired by Microsoft and what remained was the approval from all the Nokia shareholders, now is the day when they have turned to be one. And Microsoft; which has been the software giant since decades, has now turned into both the software and hardware giant officially getting hold onto all of the Nokia devices units as the acquisition of the Nokia Devices and Services business by Microsoft has now completed following the approval by Nokia shareholders and regulatory authorities.

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