In the wake of rising defaults, NYDFS wants to ensure whether these fintech companies have done their due diligence and are in compliance with the state’s various statutes. LendingClub has also mentioned that it is in talks with the SEC…. Read More ›
Month: May 2016
Brazilian corporate networks lag behind their peers on Cyber Security
As per a study done by BitSight, a security ratings company, Brazilian companies fare “significantly poorer” in cyber security among companies across major economies. This is a wake-up call before the country becomes a hacker’s nest. According to a study… Read More ›
Rabbits in Court: Duracell and Energizer’s Fight Over Rabbit Mascots
The tussle for who own the rabbit will now be fought out in court. After a judge ruled that a legal tussle over the right to use a rabbit mascot can proceed, the Duracell and Energizer bunnies are all set… Read More ›
Oil Tanker Companies the only Sector in Petro Industry to Benefit from Drop in Oil Prices
The most players in the oil industry is struggling to stay afloat due to the low prices and oversupply of oil, one segment of the industry seems to be gaining from all this turmoil. In recent years with oversupply of… Read More ›
Oil prices hit their 7 months high of $50 a barrel
The U.S. government has reported a larger-than-expected drop in crude inventories. For the first time in seven months Brent crude rose to levels above $50 a barrel. Asian shares however did not ride this wave as they are still struggling… Read More ›
The ECB could help finance Bayer’s acquisition of Monsanto
Does Bayer’s acquisition strategy of Monsanto factor in the ECB bond buying program? It would be brilliant if it has in fact factored that in. According to the terms of the European Central Bank’s bond buying program, Bayer would be… Read More ›
Apple delving into charging technologies at stations
Apple has hired 4 electric vehicle charging experts including one from Google. According to sources familiar with the matter at hand, Apple is in the process of investigating how to charge electric cars. It is talking to station companies and… Read More ›
Denmark getting dizzy while facing identity crisis
The international scene has been marked over the past few years by the increased role of Denmark in the concert of nations. Much has been happening in the northern kingdom, both on the domestic scene and abroad. While the country… Read More ›
‘Swiss-Made’ Is a Joke, Says Homegrown Maker of Low-Cost Watches
Swiss watchmakers are facing a threat from within their clubby ranks even as they struggle with the strong franc, weaker Asian demand, and new technologies such as smartwatches. An example is the Goldgena Project which is open to using non-Swiss… Read More ›
Apple Rehires Prominent Security Pro as Encryption Fight Boils
A top expert in practical cryptography was rehired by Apple Inc this month to bring more powerful security features to a wide range of consumer products even as the company continues to resist pressure from U.S. law enforcement to unlock… Read More ›