Facebook has agreed to allegations against it that held it responsible for not being able to stop its platform from being used to “incite offline violence” in Myanmar, the largest social media platform has said. The platform had created an… Read More ›
Strategy
Saudis Take to Social Media To Call For Boycott Of Amazon Over Khashoggi Issue
Jeff Bezos – owner of the Washington Post, and his business in Saudi Arabia and in the Middle East is being targeted by Saudis who are reportedly unhappy with the manner in which the killing of its journalist Jamal Khashoggi… Read More ›
GE in talks to divest its commercial lighting business to American Industrial Partners
Under CEO Larry Culp the conglomerate is continuing to divest assets from its businesses other than those from its core areas of renewable energy, jet engines and power plants. General Electric is in talks with American Industrial Partners, a private… Read More ›
Iran in touch with other signatories of 2015 nuclear accord
The European Union is making headway in its efforts to legally continue economic ties with Tehran. With U.S. sanctions on Iranian oil coming into force, Tehran’s Foreign Ministry spokesman Bahram Qasemi stated, Iran is in touch with other signatories of… Read More ›
Turkey-U.S. relations move to a firmer footing
As a result of an improvement in diplomatic and economic relations between Ankara and Washington, Turkish President Tayyip Erdogan has held talks with U.S. President Donald Trump concerning Turkey’s state-owned bank Halkbank. Following an announcement by Turkish President Tayyip Erdogan… Read More ›
Europe’s Electric Car Aspirations Are Being Trampled By China
While some of the largest auto companies have emerged from Europe, yet the region is apparently losing out to China in terms of electric cars. China has developed into a powerhouse for the electric vehicle batteries which is considered critical… Read More ›
Softbank To Maintain Saudi Ties Even After Khashoggi Murder: SoftBank Chief
While condemning the murder of a veteran US based Saudi journalist allegedly at the hands of security men of Saudi Arabia in the Turkish capital of Istanbul, the chief of the Japanese tech and investment group Softbank has said the… Read More ›
Legal costs will determine whether Bayer AG would settle glyphosate related cases
According to one of the attorneys for the plaintiff, Bayer’s claims on glyphosate were “hypocritical beyond belief” given its own efforts to control the message on glyphosate, the most recent of which is a full-page advertisement in the Washington Post…. Read More ›
Apple to stop reporting key performance metric
Although Apple will now provide investors and analysts cost-of-sales data for its product businesses and its services business, they will not be in a position to know the margin mix within Apple’s services businesses. With Apple Inc saying it will… Read More ›
General Motors Co commences cost cutting exercise
As part of the cost cutting exercise, GM, the biggest automaker in the United States, has stopped work on 2 renovation projects and has also offered severance pay to 18,000 of its 50,000 salaried workers across North America. According to… Read More ›