Yesterday, Google has stopped the sale of a number of applications in its online store Google Play over concerns about the fact that these applications are helping to cheat advertisers. More than 5 thousand of applications use hidden advertising, which is allegedly shown to users, when in fact they do not see it. Advertisers are losing about $ 850 million a year on this. According to the American...

State-Boston Retirement System and Boston public employees have filed a lawsuit against 22 leading banks and financial institutions for manipulating and financially benefitting from U.S Treasuries auctions. State-Boston Retirement System and Boston public employees have filed a lawsuit against 22 leading banks and financial institutions for manipulating and financially benefitting from U.S...

In October 2011, when Steve Jobs was gone, internet boiled up with analytics about the company’s immediate future. Most often it sounded like ‘This is the end’. Only lazy did not write and did not repeat a dumb phrases like: "In 2013, when all the ideas of Jobs end up, the company will be engaged in purely cosmetic innovations and fade" and "the Accountant" (that is, Tim Cook) will not be able to...

Nokia in talks with a consortium of German premium auto manufacturers for the sale of it’s HERE mapping business For those of us who had written-off Nokia’s map, would be surprised to find out that a consortium of Germany’s premium car manufacturers are finalizing a deal with Nokia wherein they will acquire it’s HERE map business for a cool 2.5-3 billion euros. Although the deal has not yet been...

Ever since the global economic crisis came about, cargo air traffic has been hit severely by a multitude of factors. However, with FedEx placing such a large order, it would seem that the economy is shaking and picking up once again. FedEx Corp, the world’s largest cargo company, plans on buying 50 Boeing 767-300 cargo airplanes over the span of 10 years. For Boeing, this is the biggest ever...

At the time of the announcement of its quarterly results, Qualcomm Corp is most likely to announce the laying-off of 10% of its workforce. As per the Information website, Qualcomm Inc is set to lay off several thousand employees from its payroll. More than 10% of its 30,000 strong workforce will supposedly receive the pink slip.   As per the Tech Website, Qualcomm will most probably...

American software giant Microsoft is preparing to acquire an Israeli developer of information security Adallom. The deal amounted to $ 320 million. According to anonymous sources familiar with the situation, Microsoft executives have already confirmed their intention to purchase Adallom. In case of successful completion of the transaction, it would be the fourth acquisition of Microsoft since the...

Although the aerospace industry is riding a wave of increased orders, a smooth functioning of the supply chain management is increasingly becoming critical for its operations, delivery and profitability. Adding to this burden is the phasing out of old models and replacing them with newer more fuel efficient ones. With the Paris air show underway, the movers and shakers of the world’s aerospace...

Alexis Tsipras has pulled off, what many thought, to be impossible: he has passed those necessary legislations as demanded by his creditors. He has saved Greece from the brink of bankruptcy. The ball is now on the Eurozone’s finance ministers who have now to keep their part of the deal. Alexis Tsipras, the Greek Prime Minister has done what most people thought would be impossible: the Greek...