Author Archives
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Expedia names Mark Okerstrom as its CEO
Okerstrom has hinted at a possible future tie up between Expedia and Uber Technologies. On Wednesday, Expedia Inc named Mark Okerstrom as its new chief executive and president. He replaces Dara Khosrowshahi who has been hired by Uber Technologies Inc… Read More ›
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Dara Khosrowshahi, Uber’s CEO, underscores need for change of work culture, IPO in 18-36 months
Despite the troublesome inheritance, Khosrowshahi is firm on expanding Uber’s market share and taking Dara Khosrowshahi, Uber Technologies’ new Chief Executive informed employees that the company’s work culture will undergo change and that it is likely to go public in… Read More ›
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Weak oversight surrounds Wisconsin-Foxconn LCD Screen plant deal: Legislative Audit Bureau
Given Foxconn’s global track record in job creation and the systemic deficiencies in the Wisconsin Economic Development Corporation’s working, Foxconn’s LCD screen manufacturing plant in Wisconsin has significant challenges ahead. Going by audits conducted at the state of Wisconsin, the… Read More ›
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Tesla’s balance sheet boosted with $1.8 billion junk bond issue
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U.S. citizens are losing the battle for privacy, states brief filed by U.S. tech companies
The brief urges the U.S. Supreme Court to side with the digital rights of citizens against intrusive governments breaches of privacy. More than a dozen technology companies along with Verizon Communications Inc, the biggest wireless operator in the U.S., have… Read More ›
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Blackstone Group prepares IPO for Gates Global
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Fintech startup AutoFi Inc raises $10 million in funding round
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Amazon to slashes prices of groceries from Monday
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American Express launches smart debt management tool to atract new customers
The debt management tool is likely to be very useful for big ticket items. In a strategic move aimed at roping in young, economically conscious consumers into its fold, American Express Co has unveiled a new option that allows young… Read More ›
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Motiva Enterprises’ Texas oil refinery shutdown due to Harvey
19.6% of the U.S. oil refinery halted by tropical storm Harvey has halted, as of Tuesday. In a significant blow to U.S. oil production, the largest crude oil refinery in the country was forced to shutdown on Tuesday night due… Read More ›
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