Author Archives

• Huawei eyeing to dislodge Samsung as World No. 2 smartphone maker

  By admin1 on February 27, 2017 • ( 0 )

  

  Perhaps Samsung did not want to rush into the World Mobile Congress (WMC) with a half-baked product. After all it has traditionally used the forum to launch its new devices. Hopefully the cost of not launching the product at the… Read More ›

• Sites hosted by Cloudflare leaked personal data

  By admin1 on February 24, 2017 • ( 0 )

  

  Although personal data has been leaked thanks to a bug in CloudFlare, the company is collaborating with Google to clean up the mess. The clean process is an on-going matter. Cloudflare Inc has reported that a bug in its software… Read More ›

• EU’s troop carrier, A400M, hangs in the balance due to huge cost overruns

  By admin1 on February 24, 2017 • ( 0 )

  

  Seven core nations which have committed themselves to buying the plane, with the largest order coming from Germany. The German response to the cost overruns has been very pragmatic and cool especially since this is a critical military matter which… Read More ›

• Viacom tweaks bond language eyeing taw law reforms on the horizon

  By admin1 on February 24, 2017 • ( 0 )

  

  Attractive terms for Viacom’s hybrid bonds have helped rope in a slew of investors. The opportunity cost of not investing in them is too high for investors; they have all piled into Viacom’s bond offering. Although investors lapped up US… Read More ›

• Saudi Arabia looking to diversify its economy through the Saudi Aramco IPO

  By admin1 on February 22, 2017 • ( 0 )

  

  Championed by Saudi’s Mohammed bin Salman, the Deputy Crown Prince, the world’s biggest IPO is expected to be valued to at least $2 trillion. Saudi Aramco has selected Morgan Stanley, JPMorgan Chase & Co and HSBC Holdings Plc as its… Read More ›

• Icahn boosts his stake in Bristol-Myers Squibb giving rise to takeover rumours

  By admin1 on February 22, 2017 • ( 0 )

  

  The company has added three new directors to its board, thus extending it to 14 directors. NY-based activist investor, JANA partners has boosted its stake in the company, although sources say it is less than 1%. In a move that… Read More ›

• Andrew Olmem joins White House economic council

  By admin1 on February 22, 2017 • ( 0 )

  

  Although it is as yet unclear as to what post Olmem will take, the National Economic Council coordinates on economic policy matters across Trump’s Cabinet. Olmem, an attorney, was a leading staff negotiator who put together the Doff-Frank Act, which… Read More ›

• TransferWise launches FB chatbox for international money transfers

  By admin1 on February 22, 2017 • ( 0 )

  

  You can now transfer funds with friends and family through FB Messenger as long as they are located in located in Britain, Europe, U.S., Canada and Australia. Competition in the digital payment landscape has just intensified: TransferWise, a money transfer… Read More ›

• Toshiba seeking to raise $8.8 billion from its stake in its flash memory unit

  By admin1 on February 22, 2017 • ( 0 )

  

  Toshiba’s strategy is pretty simple: retain control over the business despite selling portions of its majority stake to multiple bidders and raise $8.8 billion in the process. In the wake of Toshiba seeking to write-off $6.3 billion on its nuclear… Read More ›

• EU’s privacy watchdog, Article 29 Working Party, flags Microsoft’s Win 10 for potential privacy violations

  By admin1 on February 22, 2017 • ( 0 )

  

  It would appear that Microsoft has made cosmetic changes to its default installation process of Windows 10. The fact that Windows 10 phones home with user specific data, which Microsoft process for various purposes, is a privacy concern for most… Read More ›