As the shipping supply problem deepened last summer, an Italian cargo plane was quickly filled with thousands of lipsticks. They had a tight timetable to get to the United States. Mehir Sethi, CEO, and founder of True + Luscious, a… Read More ›
Entrepreneurship
UK to announce Brexit Freedom Bill
On Monday, British Prime Minister Boris Johnson is set to announce the creation of the ‘Brexit Freedoms Bill’ which aims to make it easier to remove or amend EU regulations that were incorporated in British law before its departure from… Read More ›
Britain could increase troop deployment to NATO
In a statement the British government said, it is considering to make a major NATO deployment as part of a plan to strengthen Europe’s borders in response to Russia massing troops on Ukraine’s border. Britain has made it clear, in the… Read More ›
Elliott Management and Vista Equity Partners to take Citrix Systems private in $13 billion deal
According to sources familiar with the matter at hand, Elliott Management Corp and Vista Equity Partners are close to acquiring Citrix Systems Inc in a deal that values the Citrix at around $13 billion. The deal could be officially announced as… Read More ›
Media Firms Should Gear Up As Investors Are No Longer Impressed With Streaming Video
Media and entertainment corporations have been dead intent on demonstrating to Wall Street that they have a strong streaming video plan to battle traditional pay-TV declines for the past two years. The theory was that taking more of a customer’s… Read More ›
Musk Predicts Robots Will Be A Bigger Industry Than Tesla Cars
Elon Musk prefers to have a single focus at a time, and it appears that robots will be his focus this year. On a Tesla earnings call, he told investors that his fledgling robot ambitions had “the potential to be… Read More ›
Blockchain company Valereum buy 90% of Gibraltar Stock Exchange to create world’s first hybrid stock exchange for crypto and shares
In a statement Valereum, a Blockchain company said, it would buy 90% of the Gibraltar Stock Exchange (GSX) to create the world’s first bourse where cryptoassets and shares and can be traded. Valereum, which is listed on London’s Aquis Exchange,… Read More ›
FCC announces $1.2 billion towards rural broadband in 32 states
In a significant development, that will see the replacement of Huawei telecom gear and equipment in rural United States, the Federal Communications Commission said, it will authorize more than $1.2 billion for rural broadband in 32 states.
Hewlett-Packard wins fraud case against British tech tycoon Mike Lynch
In a significant development, a British judged ruled tech tycoon Mike Lynch had masterminded an elaborate fraud to inflate the value of his company – Autonomy, before it was acquired by Hewlett-Packard for $11 billion in 2011. HP’s acquisition of Autonomy… Read More ›
AirAsia Group Bhd changes name of its listd holding company to Capital A Bhd
On Friday, in a statement Malaysia based AirAsia Group Bhd said, it has decided to change the name of its listed holding company to Capital A Bhd. The development comes in the wake of the company seeking market recognition of its… Read More ›