With Apple’s iPhone 7 out, the opportunity cost in lost sales is massive for Samsung. Unless its engineers can fix the root of its fire-catching issue, the stopping of ads is likely to spill to other regions too. According to… Read More ›
Entrepreneurship
World’s 3rd Biggest chipmaker set to acquire Intersil Corp for $3.2 billion
This acquisition by Renesas Electronic Corp will result in the diversification of its portfolio and could see its sales chart boom due to the intensifying usage of electronic components in the auto industry. Midst a rising wave of consolidation taking… Read More ›
Hanjin Group’s chairman transfers $36 million to Hanjin Shipping
Hanjin Shipping’s cargo hangs in the balance as it desperately tries to secure additional funds. According to a spokesman of the Hanjin Group, its chairman has transferred $36 million (40 billion won) to Hanjin Shipping today so as to help… Read More ›
With an eyeing on the Chinese car market, VW partners with Chinese tech groups
With China’s car market being the biggest in the world, this strategic step by VW could have potentially big payoffs. Undeterred by its troubles, Volkswagen has deepened its collaborations with Chinese internet technology groups in order to increase and expand… Read More ›
Hanjin ship begins unloading at California
Reeling under a $5.5 billion debt, Hanjin’s plight have increased freight rates and are casting long shadows on the coming U.S. holiday season. In a development that bodes well for importers, a ship belonging to bankrupt shipping company, Hanjin Shipping… Read More ›
Amazon & Pandora to launch subscription based music streaming services
Amazon’s Echo customers will be charged only $5 for the music streaming service against the industry’s going rate of $10. According to several sources who are knowledgeable of the matter at hand, Amazon.com Inc. and Pandora Media Inc. are planning… Read More ›
Wells Fargo settles customer fraud with $190 million
Wells Fargo has been accused of pushing financial products on customers which they did not ask for or was required by them. Although Wells Fargo’s ability to sell multiple products to the same customer base is legendary, regulators have now… Read More ›
Google set to acquire Apigee Corp for $625 million
Apigee’s expertise lies in developing APIs for cloud computing. Analysts opine that the deal could help Google close-in on the competition. In a deal aimed at garnering a greater share of the increasingly lucrative cloud business, Google has disclosed that… Read More ›
Hewlett Packard Enterprise set to divest Micro Focus for $8.8 billion
Originally a British company, the move reflects a shift in HPE’s strategy, which tries to capitalize on opportunities presented by Brexit while changing its focus from printers and computers to networking, storage and technological services. Hewlett Packard Enterprise Co has… Read More ›
Activity tracking is Apple’s new mantra
In a strategic move, with the launch of the iPhone 7, Apple plans on consolidating its position in the smartphone market while it forays deeply into the fitness market and grabs market share from existing players such as Fitbit. The… Read More ›
manageria.biz 