The two are in early talks, according to the Nikkei. Lenovo could either buy a majority stake in Fujitsu or there could be a merger. Nikkei has reported the matter citing anonymous sources. Japan’s Nikkei business daily has reported that… Read More ›
Of late European banks have had a tough time: while they struggle to survive the post-Lehman brothers scenario, Britain’s historic decision to leave the EU has again taken a toll on the sector. As a result their share prices have… Read More ›
“Elites” and business leaders in the UK should end abusive work practices and pay their taxes because “change has got to come” to Britain. This was the message from the British Prime Minister Theresa May as she took a swipe… Read More ›
As BHP Billiton Ltd. considers potential acquisitions and weighs as much as $5 billion in project spending, the company sees oil and gas markets rebounding faster than its mined commodities. Recovering oil prices and efforts to lower costs are making… Read More ›
Although the value for this sole manufacturing deal has not been disclosed, Samsung was the sole manufacturer of Qualcomm’s 820 chips. Industry analysts had pegged the deal at more than $1 billion. The 830 chip will be featured in Samsung’s… Read More ›
Nokia has strengthened its position as a telecom product manufacturer with this acquisition. Nokia has already partnered with automobile manufacturers for smart cars that make extensive use of IoT. This acquisition could play a role in that equation. In a… Read More ›
Although Google new flagship is eyeing Apple’s $400 billion iPhone market, Samsung could be caught in the crossfire, according to industry analysts. With Google’s announcement of its new flagship “Pixel” smartphone along with a slew of new consumer electronic products… Read More ›
A second fund will be used for funding startup ventures in Southeast Asia by 500 Startups, the venture firm that successfully backed ride-hailing startup Grab. Managing Partner Khailee Ng plans to invest in 200 seed-stage companies through the $50 million Durian… Read More ›
The process of the sale of as much as 15.7 billion pounds ($20 billion) of Bradford & Bingley mortgages which paused in the wake of the Brexit vote is being restarted by the British government. According to three people with… Read More ›
Door latch issues have plagued Ford’s many models leaving consumers to latch their cars with ropes and seat belts. As a result of its recalls, Ford has made downward revisions to its adjusted full-year pre-tax profit forecast to $10.2 billion… Read More ›
manageria.biz 