Eager to put the Galaxy Note 7 fiasco behind, Samsung is streaming ahead with the mass fabrication of its next-gen chip which will be the heart of its next flagship. In an industry first, South Korean electronics tech giant, Samsung… Read More ›
Month: October 2016
Airbus to beat Boeing in aircraft deliveries by 2020 – Airbus CEO
Airbus plans on ramping up the deliveries of the A320Neo narrowbody and the A350 widebody while maintain its order lead from Boeing. A German newspaper has reported citing an interview given by Airbus’s CEO Fabrice Bregier that the European airplane… Read More ›
Yahoo’s non-disclosure of hack is material enough to derail its acquisition – Verizon’s
Yahoo has not made public the timeline for the hack despite several shoves to do so by senators. Furthermore, although it has pointed at a state-actor for the incident, private cyber security experts have frowned on these assertions. It would… Read More ›
PepsiCo close to acquiring probiotic drink maker KeVita for under $500 million
The acquisition will help expand PepsiCo foothold in the beverage industry. KeVita’s products include sparkling probiotics, master brew kombucha tea, and vinegar tonics. According to sources familiar with the matter at hand, PepsiCo Inc. is closing to acquiring KeVita Inc.,… Read More ›
SoftBank partners with Saudi Arabia to create world’s biggest $100 billion tech fund
With this strategic fund Saudi Arabia plans to diversify its economy and wean it away from an oil-based economy. Japan’s SoftBank Group and Saudi Arabia have collaborated in an effort to create the world’s largest private equity fund which could… Read More ›
Moonves will need complete autonomy for running Viacom and CBS – Gabelli
If both companies are to be merged with Leslie Moonves at the helm, he will have to be given complete autonomy, opined Mario Gabelli, the second biggest investor with voting rights in both Viacom and CBS. Mario Gabelli, the second… Read More ›
Hanjin Shipping Asia-U.S. operations to be put up for sale tomorrow
Creditors have lined up to buy the shipper’s assets related to Asia-U.S. operations. A spokesman for the South Korean court overseeing Hanjin Shipping Co’s receivership process has disclosed that the shipper’s Asia-U.S. operations is likely to be put up for… Read More ›
With Echo’s AI, Amazon makes a big splash into the music streaming service
Where Pandora and Spotify have failed, Amazon hope to make it big armed with Prime memberships and its interactive AI-backed speaker – Echo. On Wednesday Amazon.com Inc. has launched a full-fledged music streaming service with a subscription rate of just… Read More ›
Recession Warning by Bank of America Amid a Scary Market
A top market watcher believes that a chilling trend in the market could wreak havoc on your portfolio. “We are seven years into a full-fledged, all out, central bankers doing everything they can to stimulate demand,” Bank of America-Merrill Lynch’s… Read More ›
Virtual Reality Shoppers can Pay by Nodding, Thanks to Alibaba’s New Payment System
Virtual reality shoppers would be able to pay for things in future just by nodding their heads. A payment service that will allow this was unveiled and demonstrated by Alibaba Group Holdings’ finance arm on Wednesday. A part of Alibaba’s… Read More ›
manageria.biz 