Frank-Walter Steinmeier has called for prevention of re-integrating Britain into the EU, if it decides to exit. Frank-Walter Steinmeier, Germany’s Foreign Minister, has been quoted today saying if Britain were to leave the EU bloc, the European Union must prevent… Read More ›
Entrepreneurship
Siemen’s & Gamesa’s wind energy business to merge
If the deal were to go through, it would create the world’s biggest power producer from wind energy. Bloomberg has reported citing sources familiar with the matter at hand, Siemens AG is likely to pay $1 billion to Gamesa, a… Read More ›
Will Twitter bring music into its services in the near future?
During an investment round of SoundCloud, a Berlin-based music service which allows people to upload audio files and share their content, Twitter has invested $70 million in this startup. Re/code has reported citing sources familiar with the matter at hand… Read More ›
Samsung negates Korea Economic Daily’s news reports of its investment plans
Samsung denies news report of planning to invest $21.22 billion into 3D memory chips. Korean electronics giant Samsung Electronics has stated that local media news reports of its plans of investing $21.22 billion (25 trillion won) into 3D NAND memory… Read More ›
Fred Salerno, Viacom’s lead independent Director pleads for access to Sumner Redstone
Philippe Dauman has alleged that Shari Redstone, Sumner Redstone’s daughter is manipulating her 93 year old father, a media tycoon who holds a controlling stake in National Amusements Inc, which in turn has controlling stakes in Viacom and CBS Corp…. Read More ›
Tony Seba Predicts Lower Maintenance Costs would Soon Make Electric Cars Cheaper than Regular Cars
Tony Seba, a serial entrepreneur and author believes that cost-effectiveness rather than a green revolution would make all new vehicles being bought to be electric by 2025. Tony Seba opined these views at a Nomura investment forum. The internal combustion… Read More ›
Microsoft set to launch VR headset & Xbox One S in October
You are right, the ‘S’ is for slim. It will also launch its new VR headset during the holiday season. In what could make gaming a lot more fun, Microsoft Corp has unveiled its vision of the next generation ultra-high… Read More ›
Strata survey shows Instagram preferred over Twitter
Twitter has rejected the outcome of the survey. Is Twitter doing an ostrich act? According to the results of a survey, advertising agencies are increasingly turning more to Instagram than to Twitter to run their social media advertisement campaigns. In… Read More ›
Udacity looks to meet growing demand beyond just the tech sector
The company is set to meet the challenges faced by Germany’s surging hi-tech new age car industry which is currently facing a shortfall of software engineers. In fact, BMW is set to overhaul its entire R&D department to include more… Read More ›
IKEA on track to meet its target of $56.9 billion by 2020
Although its primary growth market has been Europe, where its current annualized growth rate is 40%. It is also targeting India where it’s currently finalizing deals to buy land in multiple cities, including, Hyderabad, Bangalore, Mumbai and New Delhi. According… Read More ›