Theresa May knows her legacy depends on walking on the middle path: cosying up to Trump will not put her in the good graces of her neighbours; revealing her “Hard Brexit” stance has already pushed her against the wall. Desperate… Read More ›
Entrepreneurship
Digital Bridge Holdings LLC acquires Vantage Data Centers for $1 billion
The demand for video and data is pushing the growth of cloud services and data centres. Intel’s and Microsoft’s quarterly results have risen thanks to these demands. Sources familiar with the matter at hand have stated, Digital Bridge Holdings LLC,… Read More ›
Soaring demand for cloud computing services drive Microsoft’s revenues to new heights
With the software market moving away from its traditional business model and onto cloud computing and mobile applications, Microsoft under Satya Nadella is reporting strong steady growth, but has miles to go before it can catch up with Amazon’s Web… Read More ›
Tesla’s former head of its Autopilot system caught poaching engineers from Tesla
Sterling Anderson former head of Tesla’s Autopilot system, and Chris Urmson, ex-head of Google’s self-driving program, have launched a startup in Silicon Valley by the name of Aurora Innovation. Tesla has sued the former head of its Autopilot system, which… Read More ›
$30 million to be Invested in Blockchain Provider BitFury Group by HK Fintech Company Credit China Fintech
With the aim of focus on promoting the blockchain technology in China, Hong Kong-listed fintech company Credit China Fintech Holdings and Blockchain infrastructure provider BitFury Group set up a joint venture. The annoucementof te benture was made on Thursday. $30… Read More ›
UK’s car industry reels under Brexit heat
A clean break with EU’s single market will leave the UK’s car industry high and dry. It is no wonder that car manufacturing companies in the country have lobbied hard against Brexit. Brexit has not only put London’s financial credentials… Read More ›
Harvard Management Co to outsource most endowment management
Harvard Management Co oversees the United States’ largest endowment. The Wall Street Journal has reported citing sources familiar with the matter at hand that Harvard University’s investment arm is likely to outsource the management of its $35.7 billion endowment and… Read More ›
Exxon names Susan Avery to its board of directors
An environmentalist, Susan Avera is the former head of the Woods Hole Oceanographic Institution who is also a former professor at the University of Colorado, Boulder. In a significant development that potentially bodes well for the environment, the world’s largest… Read More ›
Cisco acquires appmaker AppDynamics for $3.7 billion
Although analysts have stated that the acquisition “appears to be high”, most view the development in positive light since it could boost Cisco’s revenues. With Cisco Systems Inc looking to expand beyond its core networking business, the computing giant announced… Read More ›
EU tells China to walk the talk
Although Chinese President Xi Jinping has called for “inclusive globalization” China itself has enforced strong capital controls and has placed measures that impede global investment in its economy. With Chinese President Xi Jinping talking about protectionism at the World Economic… Read More ›
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