In an increasingly digital world, with the countries around the world opting for a cashless economy, these cyberattacks go to highlight the vulnerabilities of the global financial network and the urgent need to harden and strengthen them. While going cashless… Read More ›
Creativity
Shari Redstone pulls the rug out of CBS-Viacom merger
If both companies were to merge, the number of boardrooms she is sitting on will also diminish. Shari Redstone, the daughter of media mogul, Sumner Redstone has withdrawn her support for the merger of Viacom and CBS Corp. She wants… Read More ›
Fox in acquisition talks with Sky – Sources
Following Brexit and the devaluation of the British pound, British companies have become more interesting for companies looking to expand. U.S. based Twenty-First-Century Fox is in exploratory acquisition talks with British broadcaster Sky in could be a blockbuster deal. As… Read More ›
Banks Listen in on Phone Calls to Discover the Best Traders
If one intends to get hired as a trader, one should be careful, not about what one says, but how one says it. Voice analysis technology aimed at identifying behavior associated with a successful career as a trader is being… Read More ›
This Startup Hawks Edible Body Paint and Lingerie in Conservative India
With a consistent doubling of annual sales, gross margins exceeding 50 percent, low customer acquisition costs and strong repeat traffic, the Indian e-commerce startup That’s Personal touts financial metrics that venture capitalists typically salivate over. And despite this, it is… Read More ›
Aetna’s $34 billion acquisition of Humana violates antitrust law – U.S. Justice Department
According to the Justice Department, the acquisition violates antitrust law since it adversely affects the insurance of individuals who are covered under Obamacare and the disabled who are on Medicare. However, changes to these laws are on the anvil with… Read More ›
Ford Motor to raise $2.8 billion to fund its foray into EVs and self-driving technology
At the same time, Ford Motor is also trying to catch up with General Motor by boosting the production and sale of its large SUVs. According to a filing with the U.S. SEC, Ford Motor Co is set to raise… Read More ›
Zenith Optimedia predicts ad revenues to hit $50 billion by 2019
In an increasingly digital world, businesses will shift their advertising strategy from traditional sources to mobile electronic ones. The leading forecaster has stated that advertising revenues from electronic mediums are likely to exceed traditional sources by 2020. Zenith Optimedia, owned… Read More ›
Panasonic in acquisition talks with LED manufacturer ZKW to expand its footprint in the auto industry
Japan’s Nikkei has reported the deal citing an anonymous source. Although it’s too early to confirm the deal, if it goes through, which could be as early as the end of this month, it will further consolidate Panasonic’s involvement in… Read More ›
BMW to offers its fleets of premium self-driving cars for ride-hailing services
In 2017, BMW will test its autonomous vehicles in Munich with a fleet of 40 vehicles. It will then gradually expand it to other cities as well. Although its cars will have self-driving capacity, they will be manned by a… Read More ›