On Thursday, Mercari Inc, a fleamarket app operator stated, it has decided to acquire QR code payment app operator Origami for an undisclosed sum. The deal marks the latest consolidation in the industry even as cashless payments take off in… Read More ›
In a statement, BP stated, Brian Gilvary, its finance chief who will be stepping down in June 2020 after eight years of service in the company, will be replaced by Bernard Looney, who incidentally will become the company’s chief executive… Read More ›
Profits for the fiscal fourth quarter for Johnson & Johnson beat market expectations but the company’s revenue in the same period missed market expectations by a small margin, the company announced on Wednesday. J&J reported adjusted earnings per share of… Read More ›
Among industries, the greatest potential of using artificial intelligence to improve outcomes is the health care industry, said Sundar Pichai, the CEO of Alphabet Inc and its Google subsidiary. He also vowed that all concerns about privacy would be taken… Read More ›
In a statement, Brazil’s state-run oil firm Petrobras said, it has lost an appeal over $2.14 billion (9 billion reais). The case relates to a tax dispute which dates back to 2011 and 2012. Petrobras said, it will stick to… Read More ›
According to a source familiar with the matter at hand, Tesla Inc has reached a settlement with the U.S. state of Michigan to allow it to directly deliver its electric vehicles to customers in the state. Tesla will be allowed… Read More ›
A court case involving a former Apple Inc executive is trying to establish whether it is justified for an employee to plan a competing venture or a startup even while he or she is on the payroll of a company…. Read More ›
A survey conducted by public relations firm Edelman just prior to the gathering of the politicians and business tycoons of the world in the Swiss ski resort of Davos has revealed that there is a loss of confidence in capitalism… Read More ›
In the wake of a nationwide fears in China related to a new virus, cancellation fees for trips to the central Chinese city of Wuhan are being waivered by China’s biggest online travel agency, said reports. The 2020 Lunar New… Read More ›
On Tuesday, British broadband supplier TalkTalk stated, it has agreed to sell its fiber network to CityFibre for $260 million (200 million pounds). TalkTalk said it had agreed to a wholesale agreement with Goldman Sachs-backed CityFibre for its residential and… Read More ›
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