Of late Johnson & Johnson has been very active in the M&A sector. A significant portion of its earnings have been derived from acquired products. Bloomberg has reported citing sources familiar with the matter at hand, that Johnson & Johnson… Read More ›
Regulations & Legal
EU-US agree on data sharing deal on security and terrorism
6 years in the making, the deal comes in the wake of mass surveillance by the U.S. in 2013. It now grants EU citizens the same rights as those enjoyed by American citizens. Lawmakers from the European Parliament has backed… Read More ›
Trump casts his shadow over the FCC
Donald Trump’s appointments to his tech policy transition team raise questions over the future of the FCC. With Republican President-elect Donald Trump naming two advisers to his tech policy transition team, there is widespread speculation as to what it would… Read More ›
Hackers gain access to data of 134,386 current and former sailors: U.S. Navy
An investigation by the U.S. Navy is in full swing. It wouldn’t be surprising if the findings of the investigation point a finger at the usual suspects. In a major security breach, hackers managed to gain sensitive information, including Social… Read More ›
China’s Ctrip acquires Scotland’s Skyscanner for $1.74 billion
Skyscanner is hugely popular among travelers and has an active customer base of 60 million users. Scotland-based travel search company Skyscanner Holdings Ltd has agreed to be bought over by China’s biggest online travel company, Ctrip.com International Ltd. Ctrip has… Read More ›
Airbus granted 2nd license for sale of 100 civilian aircrafts to Iran
While Republican President-elect Donald Trump equation with Iran is well known, the move to disallow and cancel such sale would draw heat from U.S. partners who were party to the nuclear agreement. Furthermore, if the move to cancel the agreement… Read More ›
Toyota recalls 838,000 Sienna minivans
They have an issue with their sliding doors. Toyota Motor Corp has disclosed that it would be recalling 838,000 Sienna minivans in order to fix an issue with its sliding doors. As per Toyota’s spokesman, the recall will effect 744,000… Read More ›
District Judge Amos Mazzant blocks Obama’s rule on overtime payments
In this significant ruling which will affect the lives of almost every salaried class in most sectors of the U.S. economy, the Obama appointed judge has ruled that overtime payments to workers cannot be created based on salary levels alone…. Read More ›
Donald Trump’s withdrawal from TPP could significantly affect US companies
The risk profiles of tech companies, including Google, Facebook will increase if the United States withdraws from the TPP, especially in the light of the European Court of Justice’s ruling in the wake of mass surveillance in the United States…. Read More ›
Scotland prefers to remain with the EU than with Britain
On the very day British Brexit Minister, David Davis was in Brexit to meet EU’s chief negotiator, Scotland’s Brexit Minister, Mike Russel has made it amply clear that the country prefers to stay with the EU. According to Scotland’s lead… Read More ›