Fiat Chrysler’s CEO Sergio Marchionne has been an advocate of sharing the costs of cleaner next gen advance technology. The CEO of Europe’s biggest carmaker, Volkswagen AG, has stated he is yet to rule out talks on the potential acquisition… Read More ›
Entrepreneurship
Bezos scores double win with Washington Post deal
Jeff Bezos bought the Washington Post at a time when the print media industry faces recurring revenue shortfalls. With this deal, Bezos has set a target for Washington Post’s 1 year old service, Arc Publishing, of $100 million. In a… Read More ›
Brexit terms could potentially determine Scotland’s independence from the U.K
Support for an independent Scottish parliament is at a historic high. As per the results of a survey conducted by ScotCen’s Scottish Social Attitudes, support for Scotland’s independence from the United Kingdom is at its highest. However, as per Scottish… Read More ›
Rex Wayne Tillerson used alias account to discuss Exxon’s impact on climate change
Exxon Mobil failed to disclose Rex Wayne Tillerson’s usage of an alias e-mail address for relevant communication at Exxon Mobil. Eric Schneiderman, NY Attorney General has disclosed, Rex Wayne Tillerson the former chairman and chief executive of Exxon Mobil Corp… Read More ›
Elliot Management prodding Citrix to seek buyers
The activist hedge fund got a seat in Citrix’s board in 2015. The company is now looking for strategic alternatives, including a potential sale. According to people who choose to remain anonymous, Citrix Systems Inc, is looking for strategic alternatives,… Read More ›
Scotland’s independence referendum stonewalled by Theresa May
Scotland’s demand for an independence referendum is likely to face an uphill task since it could potentially undermine Britain’s negotiating position during Brexit talks with the EU. In a significant development, British Prime Minister Theresa May is preparing the grounds… Read More ›
AIA’s CEO joins embattled HSBC as non-executive Group Chairman
The move comes in the wake of HSBC’s lawyers urging a federal appeals court to not to reveal Michel Cherkasky’s reports. In a telling development, Hong Kong-based AIA Group’s President and CEO has stated that he will be leaving the… Read More ›
Assange Offers Hacking Tools to Tech Companies Following Wikileaks’ Latest Revelation Of CIA’s Hacking
Presenting Silicon Valley with a potential dilemma on how to deal with the anti-secrecy group, Wikileaks founder Julian Assange said that it will provide technology companies with exclusive access to CIA hacking tools that it possesses so they can patch… Read More ›
China’s HNA Group seeks to boost stake in Deutsche Bank
For the Chinese, this is likely to be a strategic investment to get a foothold in the European financial sector. Two sources with knowledge of the matter have revealed that the Chinese conglomerate, the HNA Group, is seeking to increase… Read More ›
Tesla offers Australia a helping hand to solve its massive power outages
Australia desperately needs within the next 2 years more installations of wind and solar energy plants to avert severe blackouts. Elon Musk, Tesla’s CEO, has offered to save Australians from their dependency from the state by installing battery storage worth… Read More ›