An investigation by the U.S. Navy is in full swing. It wouldn’t be surprising if the findings of the investigation point a finger at the usual suspects. In a major security breach, hackers managed to gain sensitive information, including Social… Read More ›
Entrepreneurship
China’s Ctrip acquires Scotland’s Skyscanner for $1.74 billion
Skyscanner is hugely popular among travelers and has an active customer base of 60 million users. Scotland-based travel search company Skyscanner Holdings Ltd has agreed to be bought over by China’s biggest online travel company, Ctrip.com International Ltd. Ctrip has… Read More ›
New Cash Streams for a Start-Up Fueled by India’s ‘Black Money’ Cleanup
India’s ban on 500 and 1,000 rupee notes has opened up a new revenue stream for one Delhi-based start-up even though it might have sent the country into chaos. People are queuing up in banks for hours to exchange their… Read More ›
VW to focus on the lucrative SUV segment in the U.S.
In a tactical move aimed at garnering more market share, VW has decided to not just be a niche player but a “family-oriented SUV company.” On Tuesday, in a strategic decision, Volkswagen disclosed that diesel vehicles will not form part… Read More ›
Airbus granted 2nd license for sale of 100 civilian aircrafts to Iran
While Republican President-elect Donald Trump equation with Iran is well known, the move to disallow and cancel such sale would draw heat from U.S. partners who were party to the nuclear agreement. Furthermore, if the move to cancel the agreement… Read More ›
Toyota recalls 838,000 Sienna minivans
They have an issue with their sliding doors. Toyota Motor Corp has disclosed that it would be recalling 838,000 Sienna minivans in order to fix an issue with its sliding doors. As per Toyota’s spokesman, the recall will effect 744,000… Read More ›
District Judge Amos Mazzant blocks Obama’s rule on overtime payments
In this significant ruling which will affect the lives of almost every salaried class in most sectors of the U.S. economy, the Obama appointed judge has ruled that overtime payments to workers cannot be created based on salary levels alone…. Read More ›
Donald Trump’s withdrawal from TPP could significantly affect US companies
The risk profiles of tech companies, including Google, Facebook will increase if the United States withdraws from the TPP, especially in the light of the European Court of Justice’s ruling in the wake of mass surveillance in the United States…. Read More ›
Scotland prefers to remain with the EU than with Britain
On the very day British Brexit Minister, David Davis was in Brexit to meet EU’s chief negotiator, Scotland’s Brexit Minister, Mike Russel has made it amply clear that the country prefers to stay with the EU. According to Scotland’s lead… Read More ›
TPP meaningless without US participation – Japanese Prime Minister
On the campaign trail, Trump had called the TPP a job killer and a disaster. The withdrawal of the US from the 12-nation trade deal would make pointless. With U.S. President-elect Donald Trump stating he would withdraw from the pan-pacific… Read More ›