Companies & CEOs
10 Famous People that Went Bankrupt
The famous rapper 50 Cent once owned a fortune of $ 155 million, but now he has declared himself a bankrupt. And he's not the only one of those reach…
Published on July 14, 2015
By Iris Barker
Companies & CEOs
Alibaba’s Senior Accused of Bribe
Alibaba Pictures Executive Director is detained by Chinese police on corruption charges.
Published on July 10, 2015
By Iris Barker
Companies & CEOs
The intake of Prozac and Paxil may lead to birth defects
As per a study the intake of Paxil and Prozac during the early stages of pregnancy may lead to possible birth defects in the baby.
Published on July 10, 2015
By Debashish Mukherjee
Companies & CEOs
Facebook to Launch its Own Music Streaming Service
Facebook plans to launch its own music streaming service that would compete with Apple Music, Spotify and others. It is reported by Music Ally, citing its own sources close to…
Published on July 9, 2015
By Iris Barker
Companies & CEOs
Philippines Drags China to the Permanent Court of Arbitration
Vexed by China’s growing naval power which is stopping the Philippines from making use of resources which falls under its exclusive economic zone, Philippines has taken China to court.
Published on July 8, 2015
By Debashish Mukherjee
Companies & CEOs
Western Union Returns to Greece
The international company Western Union has resumed the transfer of funds to Greece, allowing customers in the country to receive transfers from abroad, reports Reuters. It is noted that customers…
Published on July 7, 2015
By Iris Barker
Companies & CEOs
MasterCard Shows Payments by Selfie
This fall, MasterCard will begin testing a new system that will allow making purchases on the Internet with the help of selfies.
Published on July 3, 2015
By Iris Barker
Companies & CEOs
Instagram Has 38 Percent of Bots and Inactive Users
Researchers from Italy found that eight percent of registered Instagram accounts are created for spamming, and 30 percent of users of social networks are active only once a month.
Published on July 2, 2015
By Iris Barker
Companies & CEOs
Layoff at BBC
British Broadcasting Corporation BBC is going to cut more than 1,000 employees due to lack of funding. This was reported by the broadcaster.
Published on July 2, 2015
By Iris Barker
Companies & CEOs
Zuckerberg Looks Forward to Thoughts Teleportation
Facebook founder Mark Zuckerberg believes that a technology transferring full thoughts from person to person eventually has to be invented. He expressed this opinion, answering questions on 30 June.
Published on July 1, 2015
By Iris Barker
Companies & CEOs
Movimento Introduces OTA Updates for Every Car Modules
Movimento has come up with OTA platform in vehicle software that promises to make driving a much simpler experience. The introduction of the new Movimento OTA Platform, with software updates…
Published on June 30, 2015
By Debashish Mukherjee
Companies & CEOs
Google Garbles Search Results
Google filters the results displayed by promoting its own services instead of services of competitors, thereby violating the antitrust laws of many countries and harming the users of the Internet,…
Published on June 30, 2015
By Iris Barker
Companies & CEOs
Jonathan Egol, ex-Goldman Sachs CDO Head, to Start Hedge Fund
In a universe of uplifted budgetary regulation, speculation banks like Goldman Sachs Group, JPMorgan Chase and Morgan Stanley are thinking that it difficult to possess complex, however high-yielding obligation securities…
Published on June 30, 2015
By Debashish Mukherjee
Companies & CEOs
British E.U Exit Keeps Auto Companies On Their Toes
You would feel that worldwide car producers like Ford, BMW and Renault-Nissan would have appointed top to bottom studies and counseled numerous specialists before choosing to unnerve voters in an…
Published on June 30, 2015
By Debashish Mukherjee
Companies & CEOs
Navigant Research’s Long Term Predictions for VGI enabled PEVs
Navigant Research’s report on Vehicle Grid Integration Services focuses exclusively on the emerging market of VGI enabled PEVs and the benefits it can generate for both an industry and the…
Published on June 30, 2015
By Debashish Mukherjee
Companies & CEOs
Teva’s Announcement
Teva Pharmaceutical Industries Ltd., declared today that the U.S. Sustenance and Drug Administration (FDA) has acknowledged for survey the Biologics License Application (BLA) for reslizumab, the organization's investigational acculturated monoclonal…
Published on June 30, 2015
By Debashish Mukherjee
Companies & CEOs
Apple to Put a Stopper to the Online Media Freedom
The Apple gadgets came up with an application for reading news, with a straightforward name News. This is not just an aggregator - news stories from a variety of publishers…
Published on June 29, 2015
By Iris Barker
Companies & CEOs
Virgin, Airbus to Invest in Satellite Network
The biggest players in the market of high-tech are investing $ 500 million in the creation of the wide satellite internet network. 900 satellites are to be brought into orbit…
Published on June 26, 2015
By Iris Barker
Companies & CEOs
Why Does Alibaba Need a Bank?
China's largest online retailer Alibaba became interested in internet banking. Today it was announced that MYbank launches in China, the lion's share capital is owned by Alibaba. It seems that…
Published on June 25, 2015
By Iris Barker
Companies & CEOs
IKEA increases minimum wages in all US locations
Swedish furniture chain IKEA, which is celebrating its 30 years of presence in US, has announced a raise in minimum wages in all of its stores in the country. This
Published on June 25, 2015
By Editorial Team
Companies & CEOs
Google Play Music vs Apple Music: the Songs Contest
Google launches free stream music service. The model of content distribution in this system now resembles Spotify. Apple has chosen a different approach, and apparently, soon we will see the…
Published on June 24, 2015
By Iris Barker
Companies & CEOs
Boeing appoints Dennis Muilenburg as CEO
American aerospace and aviation company Boeing has chosen Dennis Muilenburg as chief executive officer. The new CEO, who was earlier the president as well as Chief Operating Officer of the
Published on June 24, 2015
By Editorial Team
Companies & CEOs
Uber Gathers a Record Number of Investments
International investors have invested $10 billion in Uber service taxi in anticipation of the initial public offering (IPO). It is reported by Financial Times.
Published on June 23, 2015
By Iris Barker
Companies & CEOs
Ferrero to Buy Thorntons
Italian chocolate maker Ferrero SpA buys less major British rival Thorntons Plc for 111.9 million pounds ($ 177.6 million).
Published on June 22, 2015
By Iris Barker
Companies & CEOs
Why Canada Is Not Going to Share its Water
Despite the fact that Canada is rich with water resources, it is predicted that it is going to be short of water, as demographic change and the climatic situation in…
Published on June 22, 2015
By Iris Barker
Companies & CEOs
Top-10 Best Airlines of the Year
Skytrax, having gathered information about the flights, released the rating of the best airlines in 2015 according to the customers. The survey was attended by 18.9 million travelers from 105…
Published on June 19, 2015
By Iris Barker
Companies & CEOs
Lyft settles suit with New York state on service clauses
US-based ride sharing service Lyft has settled a suit which alleged that the company violated the state laws of New York by paying $300,000. Last year Attorney General of New
Published on June 19, 2015
By Editorial Team
Companies & CEOs
Cisco to Invest $10 Billion in China
Cisco Systems Inc. to invest and joint projects in China worth more than $ 10 billion in the next few years to strengthen its position in this key market, reports…
Published on June 18, 2015
By Iris Barker
Companies & CEOs
Swiss Prosecutor’s Office Identified More than 100 Suspicious Banking Transactions Related to FIFA
The investigation team of Prosecutor of Switzerland collected data on 104 bank transactions that aroused suspicion during the investigation of cases of money laundering in the vote for the host…
Published on June 17, 2015
By Iris Barker
Companies & CEOs
Rupert Murdoch to hand over reins to his sons
21st century Fox CEO Rupert Murdoch will step down from his position and hand the helm of his company to his sons in another two weeks. The Octogenarian will make
Published on June 17, 2015
By Editorial Team
Companies & CEOs
Metcash to sell its automotive division for $275 million
Metcash, the wholesale supplier for IGA supermarkets in Australia, has announced the sales of its automotive division for $275 million after the company declared a huge loss of $384.2 million
Published on June 17, 2015
By Editorial Team
Companies & CEOs
Toyota to Buy Its Shares Back
Japanese automaker Toyota Motor Corp. plans to buy back its own shares worth up to 600 billion yen ($ 4.9 billion), reports Bloomberg.
Published on June 16, 2015
By Iris Barker
Companies & CEOs
CVS Health to buy Target for $1.9 bn
US-based pharmacy and healthcare major CVS Health is planning to buy department store chain Target’s pharmacy business for $1.9 billion. With the major acquisition, CVS, which already is the largest
Published on June 16, 2015
By Editorial Team
Companies & CEOs
Google vs Twitch: Let the Game Begin
Google is preparing to launch a new website and a mobile app YouTube Gaming, which will be devoted exclusively to online games, on the basis of one of its largest…
Published on June 15, 2015
By Iris Barker
Companies & CEOs
‘Hess Infrastructure Partners’ To Sell Their ‘Bakken Midstream Assets’
The joint-venture of Hess Corporation and “Global Infrastructure Partners” announce their Bakken’s “midstream asset” sale.
Published on June 15, 2015
By Debashish Mukherjee
Companies & CEOs
Standard Pacific and Ryland Group to merge
Two major homebuilding group in the US, Standard Pacific Corp and Ryland Group Inc have announced their merger to become the fourth-largest homebuilder in the United States. The merged new
Published on June 15, 2015
By Editorial Team
Companies & CEOs
GM to cut down production at Michigan small cars plant
American automaker General Motors has announced that the company is cutting down the production of two of its low-performing car brands – Chevrolet Sonics and Buick Veranos. The company is
Published on June 13, 2015
By Editorial Team
Companies & CEOs
Twitter CEO Dick Costolo quits
US-based social media giant Twitter will have a new CEO. The company’s present CEO Dick Costolo is stepping down after a five year tenure and the company’s co-founder Jack Dorsey
Published on June 12, 2015
By Editorial Team
Companies & CEOs
G7 Summit: Is that Worth the Effort?
Those, who expected a lot from the summit of the seven industrialized countries, got disappointed. Yet, those, who expected nothing, realized they were wrong, too - says DW columnist Christian…
Published on June 12, 2015
By Iris Barker
Companies & CEOs
European Commission Launches Antitrust Investigation against Amazon
European Commission launches antitrust investigation against Amazon’s businesses in the area of e-books, reports Reuters.
Published on June 11, 2015
By Iris Barker
Companies & CEOs
Jack Ma Speaks About WW III and Disadvantages of Being a Billionaire
Third World War is coming, but it's good - said one of the Asian richest men Jack Ma, the founder and CEO of Alibaba Group, adding that Internet and its…
Published on June 10, 2015
By Iris Barker
Companies & CEOs
HP to pay $100 million in shareholder’s case over Autonomy deal
US-based technology company Hewlett-Packard has agreed to a compromise settlement of $100 million over a shareholder’s class action lawsuit in relation to the company’s failed acquisition of British software firm
Published on June 10, 2015
By Editorial Team
Companies & CEOs
Tesla CFO to retire by the end of year
US-based electric car maker Tesla’s CFO Deepak Ahuja has announced his retirement later this year. Tesla will announce the replacement by the year end, according to a disclosure made in
Published on June 10, 2015
By Editorial Team
Companies & CEOs
Do Ads Make Us Happy?
Minus to Plus: Positive marketing is Becoming a Trend
Published on June 9, 2015
By Iris Barker
Companies & CEOs
HSBC to cut 8,000 jobs in UK and 25,000 globally
After a slew of job cuts in the manufacturing industry, it is the turn of the banking industry to cut jobs. UK-based HSBC, which has been mired in money laundering
Published on June 9, 2015
By Editorial Team
Companies & CEOs
US Jobless are too Picky
In March 2015, 2.8 million Americans wrote a letter of resignation on their own, although they had not been expelled.
Published on June 8, 2015
By Iris Barker
Companies & CEOs
Yahoo to shut down Maps
Yahoo plans to focus on its search business again. The technolcgy company will shut down its maps page as well as many other axillary sites. The company has announced that
Published on June 6, 2015
By Editorial Team
Companies & CEOs
G&K Services to Exhibit at the ASSE Expo, 2015
G&K Services Inc., the well known business catering to the uniform and services facility sector is ready to show its line of products at the 2015 ASSE Expo. Environmentally conscious…
Published on June 5, 2015
By Debashish Mukherjee
Companies & CEOs
Nomad acquires Iglo and in talks with Findus
Nomad Holdings Limited has acquired European frozen food manufacturer Iglo Food Holdings for 2.6 billion euros. The transaction has resulted in Nomad becoming an exclusive food marketing company under the
Published on June 5, 2015
By Editorial Team
Companies & CEOs
Google’s Fails: South Asian Prime Minister as a Criminal and the Den of Edward Snowden
As it became known, Narendra Modi’s photo got in the list due to the many statements that he made about the operation to capture criminals
Published on June 4, 2015
By Iris Barker
