Author Archives

• Salesforce eyeing Twitter despite opposition from its shareholders

  By admin1 on October 11, 2016 • ( 0 )

  

  Many analysts have questioned the benefits for Salesforce to buy Twitter since it already licenses its firehose AI platform. According to sources familiar with the matter at hand, despite facing opposition from shareholders, Salesforce.com Inc. is contemplating whether it should… Read More ›

• Fiat Chrysler and Cummins agree to collaborate in sharing the cost of the recall

  By admin1 on October 11, 2016 • ( 0 )

  

  The EPA and the California Air Resources Board have demanded a recall of 130,000 pickup trucks. Both manufacturers are sparring over who will bear the cost of the recall. Shedding a new light into the court case involving Fiat Chrysler… Read More ›

• Airbus paces its production to 1 a month, plans better efficiency

  By admin1 on October 11, 2016 • ( 0 )

  

  While the A380 has increased capacity, new entrants have higher fuel efficiency. Once it improves key efficiency metrics, Airbus would be able to better cope with the competition. The head of Airbus’s 380 program has told Le Figaro that it… Read More ›

• Investigating firm gives VW’s CEO clean chit on diesel emission scandal

  By admin1 on October 10, 2016 • ( 0 )

  

  The results of the diesel emission scandal have found, Matthias Mueller, VW’s CEO, had no knowledge about the installation of cheating software in its vehicles. German newspaper, Bild am Sonntag, has reported citing a report by Jones Day, a law… Read More ›

• Elon Musk tweets saying Tesla Motors need not raise funds in 4th quarter

  By admin1 on October 10, 2016 • ( 0 )

  

  Information available in regulatory filling have differed with this tweet. On another note, Musk has also tweeted about an expected unveiling of SolarCity Corp’s solar energy system on October 17. Let’s hope all his surprises are pleasant. Contradicting a regulatory… Read More ›

• British economy to grow at just 1% in 2017

  By admin1 on October 10, 2016 • ( 0 )

  

  Although the depreciation of the Sterling has boosted manufacturing exports, rising manufacturing costs and inflation could eat into those profits. The British economy is going through a rollercoaster ride: although currently it’s moving downwards all depends on its negotiation team’s… Read More ›

• Snapchat’s IPO could be late March 2017

  By admin1 on October 7, 2016 • ( 0 )

  

  The IPO could see Snap Inc. valued at $25 billion. The Wall Street Journal has reported, citing several sources who are familiar with the matter at hand, Snapchat’s parent is set to come out with an initial public offering (IPO)… Read More ›

• GE wins data contract from NY’s power generating electrical system

  By admin1 on October 7, 2016 • ( 0 )

  

  GE plans on gauging the reliability and efficiency of NYPA’s public electrical system by playing sensors which can intelligently monitor the health of equipment. General Electric has disclosed that it has won a contract from the state of New York’s… Read More ›

• Deutsche Bank could raise capital to fight DOJ’s $14 billion charge

  By admin1 on October 7, 2016 • ( 0 )

  

  With the U.S. Justice Department imposing an unprecedented fine of up to $14 billion on Germany’s largest lender, Deutsche Bank is looking at its options on how to fund this fight. Bloomberg has reported Deutsche Bank AG is in informal… Read More ›

• Minority investor backs Elliott Management’s restructuring proposals in Samsung Electronics

  By admin1 on October 6, 2016 • ( 0 )

  

  The suggestions include setting up a holding company and listing the operating company on the Nasdaq. Now, Samsung will not only have to firefight battery related issues in its smartphone, but also in the board room. In a fresh signs… Read More ›