US-based telecom company AT&T has reached a $25 million settlement with the Federal Communications Commission concerning its call center employees passing out personal data of about 280,000 US customers. The breaches happened in the company’s contracted call centers in Mexico, Colombia and the Philippines. The employees involved released information including customers' names, full or...

US-based fast food chain McDonald’s has added a limited time option of premium sirloin burgers to its US menu for a limited time.   The chain that seems to have lost its luster over the past few years with consumers getting aware of the ill-effects of fast food consumption is trying to attract attention through its premium limited time options under the helm of its new CEO Steve...

Tesla recorded jump in vehicle sales despite challenging roll-out in China. Despite sales slowdown in Chinese market, Tesla set new sales record for its latest model S. In the first quarter of 2015, Tesla delivered substantial number of Model S electric cars. This was clearly evident through the soaring stock price of the company. Tesla’s deliveries steeply mounted 55% in the first quarter of...

Market value of the microblogging service jumped after rumors of interest from the Internet giant Google to acquire one of the social networks. Yesterday Twitter’s capitalization increased by $ 1.5 billion due to information about the interest in buying microblogging service by Google hit the market. According to Briefing.com, the two companies are showing "serious" interest in Twitter and one of...

Following the present market trend, Domino’s also to raise the salary margins for its workers. Only ten percent of Domino’s outlets, who are directly under the company, are to enjoy the benefit. Strategist.com – 08 April 2015 – According to thinkprogess.org Domino’s C.E.O. is to follow the footprints of McDonald by increase their gross payment.   Sometimes, during last week, McDonald made...

The Income Tax Office of India has demanded unpaid tax claims of about 5.5 billion rupees ($88 million) from the Indian arm of Mondelez International Inc. The Indian arm of Mondelez, which was producing Cadbury brand of chocolates is being questioned over the unpaid tax as the country is looking to reduce its budget deficit by actively pursuing multinationals who have not paid taxes. The tax...

Times Internet is investing in Uber to fund its expansion in India. Uber has entered into a strategic agreement with Times Interest to facilitate the company’s expansion in India. The marketing agreement with one of the world’s most popular start-up was worth $24 million. This alliance is not strange for Uber, as it has entered into similar kind of partnerships in different markets across the...

Samsung’s operating profit estimates for the first quarter this year is much above expectations. The tech giant, Samsung’s quarterly operating profit forecast for the first quarter of 2015, is about 5.9 trillion won ($5.43 billion). The better than anticipated financial results is mainly due to strong demand for the mobile chips and expansion of its smartphone business. The forecast indicates a...

European Union regulators are studying tax practice of largest coffee-shop chain in the world Starbucks Corp. Initially their suspicions were aroused by the fact that over the years the company records losses in major European markets, despite the hundreds of millions of revenue, writes The Wall Street Journal. The investigation was initiated in 2014, and at the very start, Starbucks...