In a nutshell, here is the essence of the U.S Vice President Mike Pence’s 3 nation tour of Asia. In a strategic development in U.S.-Japan relations, U.S. Vice President Mike Pence is set to meet Taro Aso, Japan’s Deputy Prime… Read More ›
Regulations & Legal
Google will partially open up Android to rivals
This is thanks to an out-of-court settlement with Russian competition authorities. In a significant legal breakthrough, Alphabet Inc’s Google has decided to an out-of-court settlement with Russia’s competition authorities in which it will open up Android, its mobile operating system,… Read More ›
Uber’s smartphone app could use be updated with a tipping feature
Lyft drivers have earned more than $200 million in tips since the company’s founding. If New York City’s taxi regulators have their way, Uber Technologies Inc may be forced to provide passengers a way to tip their drivers despite its… Read More ›
NSA exploited vulnerabilities in SWIFT to trace global terrorist financiers
Files and documents released by the hacker group, Shadow Brokers, point to the fact that the NSA had exploited weaknesses in Microsoft Windows Server, Cisco’s ASA firewall. As per a review of the data, released by hackers, details of a… Read More ›
Anbang’s acquisition of Fidelity & Guarantee life falls through
There is more to this deal than meets the eye, especially in the wake of developments that preceded this wherein last month Kushner Companies ended talks with Anbang to redevelop its New York office tower. As per sources familiar with… Read More ›
Riyadh looking to save billions in unfinished projects
Projects with high social welfare and business justifications are unlikely to see a funding cut. While investors in the U.S. are pouring in funds into shale oil, the Saudi government is looking into ways to recoup its investments, running into… Read More ›
Apple teaming up with Foxconn for Toshiba’s chip unit
Apple’s allays national security concerns of Japan and the U.S. despite its teaming up with Foxconn. In the latest development in the saga of Toshiba’s chip unit sale, Japanese new agency NHK has reported that Apple Inc is considering teaming… Read More ›
Western Digital Corp tries to arm twist Toshiba for entering into exclusive talks
Western Digital has more than its foot in the door and is trying to capitalize on its existing joint venture with Toshiba. In a development of strategic nature, Western Digital Corp has shot off a letter to Toshiba, with whom… Read More ›
UK Chamber of Shipping underscores the need for a transitory agreement between the EU and Britain
Without a transitory agreement which governs the customs at ports, May is likely to find it hard to provide seamless, frictionless trade. As per the head of Britain’s ports and shopping industry, the introduction of physical customs checks following Brexit… Read More ›
Broadcom emerges as the highest bidder in the first round of bidding for Toshiba’s chip unit
Foxconn is a close second. Japan, U.S. and Taiwan will have to coordinate more closely so that the Chinese don’t get their hands on U.S. nuclear technology, which has the potential for dual use. As per a source briefed on… Read More ›
