Companies & CEOs
Intel buys Barefoot Networks to compete with Broadcom - 06/12/2019
American Intel has agreed to buy a startup Barefoot Networks in order to expand the scale of its network technology and better compete with Broadcom, said the IT giant. Although Intel is the largest manufacturer of computer chips in the United States, the company has not yet released chips that support data transmission over Ethernet, a widely used technology for connecting computers and servers....
BrandZ: Amazon is the most expensive brand of 2019 - 06/12/2019
According to WPP and Kantar, the most expensive brand in 2019 is Amazon. The value of the online retailer's brand has increased by 51% to $ 315.5 billion over the year. Thus, Amazon pushed away Google and Apple corporations, which had been sharing the first two places in the ranking since 2007. In general, the rating included 54 US companies and 15 Chinese companies. For the first time since...
Intel, Qualcomm prohibit employees from communicating with Huawei - 06/11/2019
Large technology companies, including Intel and Qualcomm, have prohibited their employees from communicating with employees of Chinese Huawei because of the US Department of Commerce sanctions. Such a policy may slow down creation of a global 5G network. Intel, Qualcomm and a number of other technology companies have banned employees from communicating informally with employees of the Chinese...
Bain reveals the most profitable retail business models - 06/11/2019
According to Bain consulting company, almost 30% of retailers in the United States will find themselves at risk of bankruptcy or absorption by competitors in the near future. Researchers believe that in order to avoid such a scenario, retailers need to urgently adapt to the new realities of the market and build promising business models. American consulting company Bain&Company has released a...
Chinese Fosun to buy British Thomas Cook - 06/10/2019
Thomas Cook Group confirmed on Monday, June 10, that it is in talks with the Chinese Fosun Tourism Group to sell their tourism business. At the same time, as noted by the British tour operator, this does not mean that negotiations will end with a formal purchase offer. Thomas Cook is the oldest travel company in the world, operating since 1841. In its current form, the Thomas Cook Group business...
Google warns US against banning Huawei - 06/07/2019
Google believes that US national security could be jeopardized due to restrictions against Huawei. Google warned the administration of President Donald Trump that the US national security would be put at risk if Washington insisted on imposing comprehensive export restrictions against Chinese Huawei. This was reported on June 7 by the Financial Times, citing three informed sources. They told...
Fiat Chrysler refuses to merge with Renault because of “uncertainty with French government” - 06/06/2019
Italian-American automaker Fiat Chrysler Automobiles (FCA) withdrew its proposal to merge with the French Renault SA. "It became obvious that there are currently no political conditions in France for the successful completion of such a deal," the FCA press release says. Sources of The Wall Street Journal reported that the company is dissatisfied with too high demands of the French government....
Boeing finds faulty parts in 737 NG and 737 MAX aircraft - 06/04/2019
Boeing found a defect in their aircraft. It is suspected that substandard parts were installed on several hundred 737 NG and 737 MAX airliners. A statement about this was made against the background of the company’s attempts to convince air carriers of reliability of the aircraft. Earlier it was reported that the ban on flights of the Boeing 737 MAX can be lifted in the United States in...
Filippo Ciarletti Executive Vice President and CTO at Mars&Co: "A strategy consultant must develop his architectural skills, i.e. the ability to put together science, creativity and the human dimension." - 06/03/2019
Mr Filippo Ciarletti, Italian born, raised in Switzerland, with degrees at Ecole Centrale de Paris (ECP), the MIT and INSEAD, followed by thirty five years in strategy consulting at Mars&Co where you serve as Executive Vice President and CTO. That should give you a rather unique perspective into the business challenges ahead. Could you first tell us how you see the fit between your personal story...
Analyst: Jeff Bezos’ quit will have a negative impact on Amazon shareholders - 06/03/2019
Amazon’s shareholders will remember for a long time the day when Amazon’s CEO Jeff Bezos stops managing his brainchild. The risk that everything collapses is rather great. Nevertheless, Bezos is quite capable of changing the course of events or at least easing the financial blow that will be inflicted on the company's investors. All he needs to do is formulate plans for his future successor more...
