Although it had been squeezed by Apple and Chinese budget phone manufacturers, in the beginning of this year, it outmanoeuvred both and emerged on top. Propelled by a surge in the sale of mobile phones, especially its flagship Galaxy S7, Samsung electronics… Read More ›
The acquisition will boost EU’s position in market dominated by 3 US Market rating agencies. In a strategic development, two rating agencies in Germany who have a combined market share of less than 3%, are merging so as to increase… Read More ›
A jury has awarded $3 billion damages to Oracle, which the company has decided to appeal. Oracle’s spokeswoman has disclosed that a California jury has ordered the company to pay to pay Hewlett-Packard Enterprise Co $3 billion in damages in… Read More ›
MLB Advanced Media is the video arm of Major League Basketball. Bloomberg has reported citing a source who is familiar with the matter at hand that Walt Disney Co. is set to buy a 33% stake in MLB Advanced Media,… Read More ›
Although the structure of the deal was unorthodox, according to Toshiba, it had consulted legal experts who approved the deal from a legal perspective. According to a source with direct knowledge of the matter at hand, Japan’s anti-monopoly regulator is… Read More ›
Customers can either get a refund or benefit from a free wall-anchoring kit. According to the U.S. Consumer Product Safety Commission (CPSC), IKEA has recalled almost 36 million dressers and chests in Canada and in the United States since they… Read More ›
It had earlier this year censured Goldman Sachs for a deal dating back to 2014. Hong Kong’s Securities and Futures Commission (SFC) has disclosed that it has censured two units of Bank of America for multiple breaches of the region’s… Read More ›
Is Lyft getting ready for another funding round? The Wall Street Journal has reported citing sources familiar with the matter at hand that Lyft, a ride sharing service, has hired Qatalyst Partners, an investment bank. According to the WSJ, Frank… Read More ›
According to the charges filed by the SEC, Faulkner’s inflated projections drew in large investors. He used the money for personal gratification, including visit to strip clubs and private escort services. His companies have inflated their revenues and have little… Read More ›
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