Although Cainiao’s business is capitally intensive and appears to be controlled by Alibaba it is unclear how much of this capital will be spent by Alibaba as opposed to its delivery partners. U.S regulators have started probing into the accounting… Read More ›
In the wake of rising defaults, NYDFS wants to ensure whether these fintech companies have done their due diligence and are in compliance with the state’s various statutes. LendingClub has also mentioned that it is in talks with the SEC…. Read More ›
As per a study done by BitSight, a security ratings company, Brazilian companies fare “significantly poorer” in cyber security among companies across major economies. This is a wake-up call before the country becomes a hacker’s nest. According to a study… Read More ›
The tussle for who own the rabbit will now be fought out in court. After a judge ruled that a legal tussle over the right to use a rabbit mascot can proceed, the Duracell and Energizer bunnies are all set… Read More ›
Does Bayer’s acquisition strategy of Monsanto factor in the ECB bond buying program? It would be brilliant if it has in fact factored that in. According to the terms of the European Central Bank’s bond buying program, Bayer would be… Read More ›
A top expert in practical cryptography was rehired by Apple Inc this month to bring more powerful security features to a wide range of consumer products even as the company continues to resist pressure from U.S. law enforcement to unlock… Read More ›
The duo have alleged that Shari Redstone is attempting to hijack her father’s plans. In the wake of Sumner Redstone removing Philippe Dauman and George Abrams from the seven member of Viacom and CBS Corp, Dauman and Abrams have filed… Read More ›
Sixteen major banks have been accused of conspiring to manipulate the Libor benchmark interest rate by a US appeals court on Monday which reinstated a civil lawsuit against the banks. the judges warned that the institutions could be bankrupted by the… Read More ›
The publishing industry is facing a turbulent time with increased costs, digitization, and low advertisement dollars. By acquiring Tribune, Gannett hopes the merger will bring about lower costs and increase its foothold and thus bring in more mullah. As per… Read More ›
The sheer size of the deal has unnerved investors with a major shareholder saying this is a brazen act of “arrogant empire-building”. However if the deal goes through, it would become the world’s largest supplier of agriculture related products. Germany’s… Read More ›
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