The Strategist
Markets & Industries

Verizon buys AOL for $4.4 billion - 05/13/2015

US-based telecom and broadband giant Verizon has bought erstwhile Internet company AOL for $4.4 billion at $50 a share.   Verizon has amassed AOL’s online video data as part of this deal and is looking it as an opening gate to get into digital video ads. While Verizon’s traditional business of carrier services has got a hit with the US government imposing regulations in the pricing, this...

Nordea Bank Warns: Sweden May Get the Capital Fleeing Away - 05/12/2015

Nordea Bank’s Chairman of the Board is urging Sweden to abandon the planned tax on financial activities, due to which the country is, after all, could lose a source of income. The proposal that the government, presented at the beginning of this month, can backfire because "over time it can encourage banks to change the way they operate," - said Bjorn Wahlroos to Bloomberg news agency. Banks have...

Technology And Innovation: Responsible For Industrial Growth - 05/11/2015

Zach Cutler enumerates five industrial sectors that are “exploding” with new possibilities and opportunities. The inclusion of technological innovation has a big credit in this changing trend which is redefining convention and age old systems. Thestrategist.media – 11 May 2015 – Zach Cutler applauds the annual progressive achievements of the industries by terming the same as “monumental”....

Google’s ‘Password Alert’ Security Tool Is Vulnerable To ‘Malicious Hackers’ - 05/09/2015

The security alert system introduced by Google has been “bypassed” by seven-lines of JavaScript code. In spite of multiple updates of the said product, specialists say that the tool, though innovative by itself, still needs further developments. Thestrategist.media – 07 May 2015 – Forbes staff, Thomas Fox-Brewster reports that only “lines of code” managed to “bypass” Google’s alert service,...

Toronto pushes for injunction against Uber - 05/08/2015

Uber is facing a tough ride in Toronto with the city arguing that a complete injunction will be the only way out to stop the rideshare app service from its illegal operations in the city.   the City of Toronto’s factum filed with Ontario Superior Court of Justice argues that the prosecution of charges against individual drivers or against Uber on a trip-by-trip basis are not an effective...

Tribune to buy UT San Diego for $85 million - 05/08/2015

US-based media company Tribune Publishing has announced that it would be buying San Diego-Union Tribune for $85 million.   Tribune, the owner of media products such as TIME, Los Angeles Times and the Chicago Tribune, will buy San Diego Union Tribune as well as a group of nine weekly magazines in Southern California. Together the publications will reach out to 300,000 readers.   The...

Alexion to buy Synageva for $8.4 billion - 05/07/2015

US-based pharma company Alexion Pharmaceuticals has agreed to a $8.4-billion deal to buy Synageva BioPharma to acquire the rights for a rare disease treatment maker.   Synageva, a new company based in Massachussets, lost nearly $60 million in the first quarter and has no products on the market but Alexion is looking into the future potential of the company’s patents, a report in AP said....

The United States Will be Among the Largest Oil Suppliers if the Ban on Exports is Lifted - 05/06/2015

In the case of lifting the ban on oil exports, the United States would become the fourth largest supplier of oil, second only to Saudi Arabia, Russia and the UAE. US can become one of the largest oil exporters in the world in case of cancellation of the ban on foreign supplies of fuel introduced in 1975, Bloomberg reported, citing a study conducted by Turner, Mason & Co. ordered by the US...

EU unveils digital strategy in Brussels - 05/06/2015

The European Union has announced a deep probe into how technology, internet and social media giants are using their market power and put regulations if necessary.   The inquiry will focus on most of the US-based companies including Google, Amazon and Facebook. Even in EU, countries such as France and Germany are insistent that there should be regulation on these so-called "essential...

Australia must look ahead of Commodities: Mike Smith - 05/05/2015

Australian banking giant ANZ’s CEO Mike Smith has warned that the country’s dependence on commodity boom is not signaling a bright future. Smith indicated that the country, which has not faced any economic setback for the last two decades, is not in a position to counter a recession or lull of any kind. "The supply response to the resources and energy boom coupled with a softer demand,...
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