Ardmore Shipping Corp (NYSE:ASC) has signed a loan agreement for a new $39 million credit facility with Credit Agricole CIB. The proceeds from the new facility will be used to finance up to 65 percent of the purchase price of two vessels on order in the company’s current fleet.The facility will be an amortizing senior…
Facebook (NASDAQ FB) has always had a strong interest in the online publishing of content. It has always looked increase published content on its platform. They have made yet another strong statement by acquiring the likes of Tugboat Yards. Tugboat Yards is a California based start up. It specializes in helping small and medium scale…
Cisco Systems, Inc. (NASDAQ:CSCO) and Dimension Data announced on May 20, 2014 at Cisco Live, an expansion of their 23-year relationship with plans to accelerate and streamline hybrid cloud adoption globally. Cisco will use Dimension Data’s Managed Cloud Platform and SaaS solutions to deliver a suite of mid-market centric cloud services to its customers and…
Facebook (NASDAQ FB) has been looking to add new methods of creating income. The social networking site added the Buy and Sell button in an effort to increase the revenues through its own platform. They have also revamped a lot of features in a bid to attract marketers, and lure customers to buy different products….
While 12 minutes of battery life might prevent any flights to Everest with the Parrot Bebop, the new tech shows that Facebook Inc (NASDAQ:FB) acquisition of the VR headset company will target more than just the videogame crowd, while raising questions about how consumer use of drones will affect privacy. According to the Federal Aviation…
Samsung Electronics saw its market share in tablet PCs reach a record-high level in the first quarter of the year, data showed Tuesday, narrowing its gap with U.S. rival Apple Inc. (NASDAQ:AAPL). The world’s biggest smartphone maker took up 22.6 percent of the global tablet PC market by shipping 12.8 million units of such devices…
