Companies & CEOs

HP has slapped a $5.1 billion lawsuit against Autonomy which it bought in a deal in 2012. The acquisition ended up as a disaster for HP which had to write

The stock prices of cloud software provider Salesforce has gone up by 8 per cent from last week thanks to rumors in the market of Microsoft’s bid to buy the

The prosecution believes that the bank's management intentionally impeded investigating high-profile case of the bankruptcy of the German businessman Leo Kirch’s media empire.

Malaysia Airlines intends to sell or lease a part of its fleet, including six long-haul Airbus A380, and cancel flights to European cities. The airline, that is experiencing financial difficulties…

One of the largest airlines in the world, the French Airbus, intends to apply to the court for appearing in the press reports of industrial espionage for the country. According…

April 29, it became known that Circle Internet Financial company specializing in Bitcoins may receive an investment of $ 50 million from US bank Goldman Sachs. If companies manage to…

Home electronic equipment manufacturer Black & Decker has been fined $1.5 million by The U.S. Department of Justice and the Consumer Product Safety Commission to settle allegations that it knowingly

Twitter Inc. is going through the difficult times. The CEO Dick Costolo and his new management team continue to convince investors that there are still ways to increase the number…

Illegal overdraft charges have got Regions Bank in a muddle as the Federal government has fined it for $7.5 million. The overdraft charges were levied without the permission of customers

US-based car maker Ford Motor Company has announced that it is planning to recall 390,000 vehicles with a possible door latch glitch. The automaker will be calling back Ford Fiesta,

American Apple Inc. in the second quarter of fiscal year 2015 recorded a record for this period (January-March) iPhone sales volumes, net income and earnings. Company's financial results were above…

Sports network ESPN is joining the slew of cable companies and channels that are suing Verizon for alleged breach of contract. The company has filed a lawsuit on Monday in

French IT services company Cap Gemini has announced that it would buy US-based rival group IGate for $4 billion. The merger will provide Cap Gemini with complete access to North

Deutsche Bank is going to place Postbank’s shares in the IPO and expects to completely separate this division by the end of 2016.

Chinese smartphone maker Xiaomi Corp. is expecting revenue to triple this year, thanks to games and payment apps. The company that has been selling its smartphones at competitive prices to

Technology company Apple’s new trophy product, Apple Watch is released to select customers who pre-ordered the device. According to analyst records, nearly 1 million watches have been released to the

For quite a long time talks about abolition of cash were wandering around America. Of course, this issue is very delicate and painful, so the media rarely discussed it, but…

Chinese branch of Daimler, which produces Mercedes cars, was fined 56.5 million dollars for violating antitrust laws.

After Home Depot, environmental and health activists are forcing home improvement store Lowe Co’s to stop selling flooring laminates which has a potentially toxic chemical in it. While Home Depot,

The world's largest fast-food chain McDonald's Corp reported a decrease in revenue in the first quarter by 11% compared with a year earlier. Net profit for the period decreased by…

World’s largest grocery retail chain Walmart is planning to take away a layer from its in-store management to simply its operations. According to Wal-Mart spokesman Kory Lundberg, the company will

Multi-national contractor Leighton Holdings is changing its name to CIMIC Group amidst a rebranding effort to save its tarnish image. The name change has got the approval from shareholder at

Manhattan District Attorney Cyrus Vance criticized new ways of encrypting data, proposed by Apple and Google. According to him, the authorities’ restrict access to personal data of users only helps…

Scotland-based Clydesdale has been fined $40 million by Britain’s financial ombudsman due to its involvement in the PPI scandal. The fine is the biggest ever handed out by the Financial

US-based software giant Google has updated its Google Wear software run on Android platform to make it as agile as Apple Watch. The update will be available now in the

US bank Morgan Stanley is in talks with the Attorney General of New York on the payment of about $ 500 million to settle claims for mortgage-backed securities issued before…

According to Independent, the new rules prohibit publish bare buttocks, genitals, intercourse photo and "some pictures of the female breast." At the same time, pictures of breastfeeding and mastectomy scars…

Nokia and Alcatel-Lucent heads have signed a memorandum of understanding on the Finnish corporation’s purchase of French manufacturer of telecommunications equipment. The transaction, which is expected to make through the…

Apple bought an Israeli startup, which is planned to produce LinX cameras for smartphones and tablets, what leads to the conclusion that in the near future mobile devices, such as…

Microsoft has replaced its office business communication tool Lync with ‘Skype for Business’. The new tool was rolled out publicly today as part of the company’s Office update. It is

Finish communications company Nokia Oyj has advanced its negotiations with French telecommunications company Alcatel-Lucent SA to buy the company’s wireless assets. While Nokia was mulling over a complete takeover of

Japanese automobile maker Toyota Motor Corp has announced that it would spend $1 billion to build a car factory in Mexico. This will be the second North American factory for

Music service Spotify again intends to raise funds from interested investors. At this time, we are talking about the amount of $ 400 million, after receipt of which the overall…

The most popular in the world WhatsApp messenger is preparing to bury cell phoning: in March, the company implemented a feature of Internet calls for users of Android, owners of…

Electric car maker Tesla has announced that it would increase the price line for its entry-level Model S electric Sedan while fixing in it a more capable battery. The company

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

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

Market value of the microblogging service jumped after rumors of interest from the Internet giant Google to acquire one of the social networks.

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