Beyond India: Blippar's Uncertain Fate & Two Rival's Merger
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1. In a shocking news, the renowned augmented reality app, Blippar collapsed into administration this week. The tech entrepreneur Dan Wagner is reportedly considering a bid to buy parts of the startup.
2. Battling the accusations of misleading multinational banks, Huawei CFO Meng Wanzhou was granted $7.5 million bail by the Canadian court.
3. Glaxosmithkline joins forces with Pfizer. The two rival pharmaceutical companies are set to merge in a joint venture with the prospective combined sales of $10 billion.
4. Facebook doesn’t seem to be learning from its mistakes. According to a latest investigation, the social giant has authorized Netflix and Spotify to read and even delete users’ private messages.
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