The very service that businesses, universities and institutions depend on suffered a setback causing a ripple effect across the World Wide Web. With Amazon.com’s cloud services suffering a technical glitch on Tuesday, users and businesses across the web experiences disruption… Read More ›
Strategy
VC Founder Says Battle For Fintech Crown Post-Brexit Will Be Between Ireland And Germany
Waiting for the time when the U.K. leaves the European Union (EU), Ireland and Germany are all poised to step up to fill a void as leader of Europe’s fintech scene, according to the co-founder of a global venture capital… Read More ›
Microsoft, Intel, JPMorgan Chase and others join race to tap blockchain technology
The development underscores the latest push by large companies to move towards a distributed ledger systems. Two dozen companies which includes Microsoft, Intel Corp and JPMorgan Chase & Co have come together to create standards and technology which enterprises can… Read More ›
Starwood to raise its bidding price for Milestone Apartments Real Estate Investment Trust
Toronto-based Starwood is vying to acquire Dallas based Milestone for$1.3 billion. As per sources familiar with the situation, Starwood Capital Group has entered in talks with Milestone Apartments Real Estate Investment Trust, to raise its bid for its $1.3 billion… Read More ›
Warren Buffet’s Berkshire Hathaway bets heavily on Apple
If you are looking to invest in the U.S. stock market, here are a few pointers from billionaire investor Warren Buffet. On Monday, the Chairman and CEO of Berkshire Hathaway Inc told CNBC that his conglomerate had purchased 120 million… Read More ›
Ericsson and Telefonica showcase prowess of 5G wireless networks
They showcased the technological capability of the upcoming 5G standard by remotely navigating a car through an obstacle course using 5G wireless networks. With autonomous vehicles set to be the norm in the near future, during an industry conference in… Read More ›
Autonomous version of Nissan’s LEAF seen cruising at 50mph in London
Nissan has tested the autonomous version of the LEAF in Silicon Valley and in Tokyo. This marks its first test in a European city. Nissan took the first step towards the testing of its first self-driving car in Europe. Guided… Read More ›
CNBC Reports $3 Billion Investment In U.S. Startup WeWork by SoftBank Nearing Closure
In a step that is aimed at expanding its reach beyond the tech and telecom market segments, Japan’s SoftBank Group Corp is reportedly close to making an investment in U.S. office-sharing startup WeWork whose value is expected to be worth… Read More ›
High stakes battle for Wal-Mart in the U.S. groceries market
With Germany-based Aldi quickly gaining market share in the highly competitive U.S. groceries market, Wal-Mart, the pioneer and king of low prices is feeling threatened and has high stakes in this price war. According to sources familiar with Wal-Mart Stores… Read More ›
Blockchain and securitization industry join forces to tap the $1.9 trillion U.S. securitization market
Wall Street’s structured finance companies want to use Blockchain’s immutable shared ledger to lower their cost of operations and thus boost their profitability. In efforts aimed at tapping the revolutionary benefits of blockchain technology for the fintech industry, Wall Street’s… Read More ›