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 ›
HR & Organization
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 ›
National Amusements Inc scouting board members for Viacom
This move is to replace Philippe Dauman and George Abrams, who were removed from Viacom’s board. The Wall Street Journal has reported citing sources familiar with the matter at hand that National Amusements Inc, which holds an 80% stake… Read More ›
Viacom still pursuing sale of Paramount Pictures – Philippe Dauman
National Amusements has clarified that it is not opposed to a transaction that would unlock value at Paramount. However this comes with a rider of the deal should be unanimously approved by Viacom’s board, which could be an impossible task…. 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 ›
Yahoo hires Black Stone IP for the sale of its 3,000 patents
It already has sent out letter to potential bidders with the mid-June being the end date for the bids. According to sources who are familiar with the matter at hand, Yahoo Inc has hired Black Stone IP LLC, a boutique… Read More ›
Amazon to invest more than $5 billion in India
Jeff Bezos has said that the world’s biggest retailer will set up a software development centre in the Indian city of Hyderabad. India has been its fastest growing market in the world. Jeff Bezos, Amazon, CEO has disclosed that it… Read More ›
Uber fixing cab prices alleges class action lawsuit
The suit is against the company’s CEO Travis Kalanick. It alleges that the company prime business motive is to make a cut by fixing prices among competitors. A U.S court has ruled that car hailing company, Uber must submit documents… Read More ›