Microsoft brings its Azure driven cloud computing prowess to the table of this alliance. Renault SA’s alliance with Japan’s Nissan Motor Co has got a new partner in Microsoft Corp. Its expertise in cloud-based services will help the car manufacturers… Read More ›
Creativity
First systematic therapy for severe eczema likely to win FDA approval
French based Sanofi and its U.S. partner Regeneron Pharma set to win approval for the first systemic therapy for severe atopic dermatitis (AD). Sanofi, a French drug manufacturer, and its U.S. partner, Regeneron Pharmaceuticals, are set to win approval in… Read More ›
Tech companies tax profile to come under scrutiny in Thailand
Thailand’s revenue department plans to increase its tax collections and its working committee is looking into blocking tax loopholes that are exploited by tech firms. Internet and tech companies based in Thailand could potentially face increased scrutiny as the country… Read More ›
Pokemon Go Raises questions About Impact on Global Property Laws by Virtual Reality
The Sydney suburb of Rhodes was transformed to what resident Joyce Wong described as a “place of carnage” with hundreds of people wandering around like “zombies” from a quiet neighborhood within one week in July. “The car hooting noise… Read More ›
Twitter initiates potential talks of selling itself
Suitors include Google and Salesforce.com with the former being a market favourite. According to a source who is familiar with the matter at hand, Twitter Inc. has initiated talks with several tech company in a potential bid to sell itself…. Read More ›
Ugliest Shoes in the US are a Billion Dollar Market
Ugly shoes are the new craze in America. Stretchy laminated sneakers and weird, fur-striped sandals are being sold by Zara. And celebrities and fashion editors are wearing clunky black-and-white Adidas slippers. Some mystifying, ultra-shaggy slip-ons were designed by Gucci. Awkward, curvey… Read More ›
Apple’s Bill Of Materials same as Samsung but commands a higher premium
IHS Markit’s tear down of Apple’s iPhone shows cost hike of $5 in manufacturing cost. According to IHS Markit Ltd, Apple’s latest flagship the iPhone 7 has higher input costs than its predecessor, the iPhone 6S thanks to its bigger… Read More ›
Google gets more time to respond to EU’s 3 antitrust charges
The European Commission has granted Google more time to respond to its antitrust charges. If convicted Google will have to shell out $7.4 billion for each charge of up to 10% of its global turnover. The European Commission has informed… Read More ›
JPMorgan acquires InvestCloud for an undisclosed sum
Through this move, JPMorgan has chosen to embrace its competitors rather than openly oppose their disruptive business model. With its strong existing network with lower customer costs, it can more effectively fight them while expanding its customer base with newer… Read More ›
Ride-hailing app Grab, grabs $750 million in new funding round
Grab already has a strong presence in the Southeast Asian ride-hailing market. With money from this new funding round in its kitty, the company can better compete with Uber when it sets food in the Southeast Asian market. Grab, a… Read More ›