Although Tribune doesn’t seem to be particularly interested, increasing overheads and reduced finances could see the publishing houses come to the negotiating table. In its bid to acquire Tribune Publishing Co., Gannett Co Inc., which publishes USA Today, has raised… Read More ›
Apple’s decision to invest in India is a reflection is of the strategic importance that Apple attaches to it since by investing in the world’s third largest smartphone market, it can not only boost its market share in but also… Read More ›
Apple’s shares have fallen by one-third of their value since 2015. Increased saturation in the smartphone market have led to a fall in sales of iPhones. It is unclear as to who took this decision – Warren Buffet or one… Read More ›
The European Commission has the power to impose antitrust fines of upto 10% of a company’s annual sales, which for Google could be 6 billion euros. The Sunday Telegraph has reported that Google is facing a record 3 billion euros,… Read More ›
In the wake of fluctuating oil prices, Saudi Arabia is trying to diversify and revitalize its economy. The world’s largest exporter of oil Saudi Arabia is in the process of overhauling its economy. The process of partially privatising Aramco, a… Read More ›
Mitsubishi Motors has now disclosed that more models have been affected by its fuel-economy scandal than those which have been previously announced. After anonymous sources leaking out the news that Nissan Motor was considering taking up a controlling stake in… Read More ›
Eyeing a possible future tie-up, Apple has invested $1 billion in Didi Chuxing, a ride-hailing service in China. In a move described by Apple CEO Tim Cook as one that would help the company better understand the Chinese market, Apple… Read More ›
Wolfgang Hatz has been Porsche’s top engineer in its R&D department. In the wake of the diesel emission scandal, Porsche’s top engineer has left the company for greener pastures, said Porsche, while clarifying that investigations so far have found no… Read More ›
In order to rein in costs Sprint has vowed to cut expenses by $2 billion for 2016-2017. Facing widening losses, and having added fewer subscribers than it initially expected, Sprint Corp has vowed to cut more than $2 billion in… Read More ›
In a video message posted on YouTube, Anonymous said, “This marks the start of a 30-day campaign against [Greece’s] central bank sites across the world.” Activist hacking group, Anonymous has begun attacking Greek’s central bank with an official from the… Read More ›
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