After the U.K. watchdog said consumers weren’t properly protected, Britain’s privacy watchdog said on Monday that Facebook has agreed to suspend using data from UK users of its WhatsApp messaging app for advertisements or product-improvement purposes. If the social media… Read More ›
The purchase will boost its automated manufacturing systems. Tesla Motors has disclosed in a blogpost that it is all set to acquire German based Grohmann Engineering, for an undisclosed amount. The acquisition will help it improve its automated manufacturing process…. Read More ›
Since divorcing the EU is likely to significantly dent its business potential, Theresa May has started a whirlwind tour to offset this loss, explore further business opportunities and kickstart the stalling British economy. Sky News has reported that Theresa May’s… Read More ›
French Tax authorities can now mine tax data from these files. The Swiss Federal Tax Administration (FTA) has let it be known, it will not appeal against a court’s decision which allows UBS to inspect its files and collect information… Read More ›
With its economy being isolated for so long, business deals with Iran has immense potential. According to sources familiar with this move, Iran has broken the logjam in its efforts to buy aircrafts from Airbus. It has reached a deal… Read More ›
This is a new find, as per Bild am Sonntag. Audi is the prime contributor to the VW group’s earnings. VW is currently holding talks with U.S. regulators on a proposed fix for its cars. German news daily, Bild am… Read More ›
While potential bidders want Takata’s U.S. unit to file for bankruptcy so as to cover them from potential future lawsuits, GM’s legal precedent could however spoil their game plan of acquiring Takata’s assets without getting tainted by its liabilities. However,… Read More ›
VW has stated that the usage of its defeat device is in conformity with European law. However, as a gesture of public goodwill, it will refit the affected vehicles. It is to be seen how much of this posturing will… Read More ›
The Japanese auto parts maker has been struggling to survive after news of its potentially deadly airbags hit the market. According to a source knowledgeable with the matter at hand, the U.S. unit of Japanese auto parts manufacturer Takata Corp… Read More ›
The Abacus case was related to the subprime mortgage crisis which was at the heart of the 2008 financial crisis. The suit claimed that Goldman Sach’s schemed to reap in huge fees by helping a hedge fund reap in huge… Read More ›
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