Wanda is owned and run by China’s richest man Wang Jianlin. He aims to bring Hollywood technology and muscle through acquisitions to the Chinese heartland. After the acquisition, he will retain Dick Clark Production’s team. Extending the ever growing Chinese… Read More ›
A report by the U.K.’s National Audit Office (NAO) said that the country’s official tax collection agency is investigating one third of the wealthiest people in the U.K. currently. The tax accounting of the U.K.’s 6,500 richest individuals is studied by… Read More ›
With many industry analysts predicting dramatic change in the car ownership model, with these investments Toyota plans to capitalize on its mobility services. Toyota Motor Corp is all set to pilot test its new Smart Key Box technology in Getaround’s… Read More ›
Given the synergies of both companies, Elon Musk has described the deal as a “no brainer”. Tesla Motors Inc. has disclosed that its acquisition of SolarCity Corp will add $500 million in cash to its balance sheet over the next… Read More ›
Broadcom is the third largest U.S. semiconductor manufacturer by revenue, behind Intel and Qualcomm. According to sources familiar with the matter at hand, Broadcom Ltd is said to be nearing a deal to acquire Brocade Communications Systems Inc. which makes… Read More ›
In a first of its kind, BlackBerry has partnered with Ford Motor to expand the usage of its QNX operating system. The terms of the deal has yet to be disclosed. On Monday, BlackBerry Ltd disclosed it has signed a… Read More ›
In an increasingly connected world safeguarding national infrastructure is of prime importance. According to a statement from the British Treasury, Britain will spend $2.32 billion (1.92 billion pound) to boost its cyber security defences. Britain’s new National Cyber Security Strategy… Read More ›
The SEC’s Analysis and Detection Centre uses various pattern analysis methods on Big Data to detect insider trading. Earlier in May this year, when Gary Pusey, a plumber, pleaded guilty to insider trading, it wasn’t a victory for just the… Read More ›
The ability to monitor the individual battery cell conditions is fast becoming a key metric, as a closely-held trade secret, which can provide strategic depth and a competitive advantage to companies in the looming transportation sector which is set to… Read More ›
Facing stalling travel plans from consumers, the group’s earnings have been revised downwards 3 times in a row. According to a report from Barron’s the shares of Hilton Worldwide Holdings Inc. could shoot up by a minimum of 25% if… Read More ›
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