Author Archives
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What should be the extent on cooperation between tech companies and law enforcement agencies?
House Energy and Commerce subcommittee try to find common ground between U.S. tech companies and U.S. law enforcement agencies, thus re-igniting a decade old debate on the extent tech companies cooperate with law enforcement agencies during an investigation. With the… Read More ›
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Mitsubishi Motors admits to manipulating fuel economy tests on its vehicles
Although the admission has wiped off $1.2 billion from its market capitalization, with the admission the company can now begin the process of rectifying the faults. Even in VW’s case, investors have wanted the company to turn a new leaf,… Read More ›
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U.S. Foreign Intelligence Surveillance Court issues first order
The order has been posted on the website of the Office of the Director of National Intelligence. It remains to be seen whether this is related to the Electronic Frontier Foundation suing the government for forcing U.S. companies to decrypt… Read More ›
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Goldman Sachs and Bass Pro to bid for Cabela’s
The duo are joined by other private equity firms who also want a piece of the action. According to sourced familiar with the matter at hand, Bass Pro Shops, a private held outdoor retailer, has partnered with Goldman Sachs Group… Read More ›
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Intel needs to adapt to the dynamics of cloud computing and IoT
Faced with a falling demand from personal computers, Intel has to adapt to new computing technologies or go the way of the dinosaurs. Intel Corp has disclosed that it is set to cut 11% of its global workforce, equivalent to… Read More ›
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Yahoo’s first quarter results beats analyst’s estimates
Under immense pressure from activist shareholder Starboard Value LP, Marissa Mayer, its chief executive, is focussed on its sales, and meeting potential bidders and investors. In a development that could play a significant role in helping Yahoo Inc.’s get a… Read More ›
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AB InBev sells SABMiller’s Peroni brand to Japan’s Asahi group
With this strategic move, Ab InBev moves one step closer towards completing its 100 billion plus takeover of SABMiller. AB InBev process of acquiring its smaller rival SABMiler has made another significant milestone with it accepting Japan’s Asahi Group’s proposal… Read More ›
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Hyundai Motors ties up with Cisco Systems to develop tomorrow’s autonomous vehicles
The race for the next generation automated autonomous vehicles just got hotter. As part of its vision for tomorrow automated autonomous vehicles which Hyundai Motor terms as “high-performing computers on wheels”, it said today that it will partner with Cisco… Read More ›
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Target to have a minimum wage rate of $10 per hour starting from May
An increasingly competitive labour market has prompted this move which is likely to have a significant impact on its earnings. With labour groups pressuring Target Corp for higher wages, compounded by a highly competitive job market, the company, as per… Read More ›
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Bangalore becoming centric to Daimler’s tech aspirations
With the race for tomorrow’s driverless cars becoming increasingly fierce, car manufacturers are now having to invest into software technologies. New legal proposals in Germany could see more software jobs outsourced to Bangalore, India. A senior official from Daimler, the… Read More ›
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