Tim Hortons marks two years in China with Tencent investment

Tim Hortons marks two years in China with Tencent investment

Tim Hortons, the Canadian coffee and doughnut giant, has raised a new round of funding for its Chinese venture. The investment is led by Sequoia China with participation from Tencent, its digital partner in China, and Eastern Bell Capital. The round comes two years...
AT&T is turning DirecTV into a standalone company

AT&T is turning DirecTV into a standalone company

AT&T just announced an agreement with private equity firm TPG that will turn DirecTV into a standalone company, albeit one that’s still majority owned by the telecom giant. Specifically, AT&T says it will own 70% of the new company, while TPG owns 30%. This...
Orca wants to give boating navigation its ‘iPhone moment’

Orca wants to give boating navigation its ‘iPhone moment’

Boating is a hobby steeped in history and tradition — and so is the industry and those that support it. With worldwide connectivity, electric boats, and other technological changes dragging the sector out of old habits, Orca aims to replace the outdated interfaces by...