Samsung denies news report of planning to invest $21.22 billion into 3D memory chips. Korean electronics giant Samsung Electronics has stated that local media news reports of its plans of investing $21.22 billion (25 trillion won) into 3D NAND memory… Read More ›
Philippe Dauman has alleged that Shari Redstone, Sumner Redstone’s daughter is manipulating her 93 year old father, a media tycoon who holds a controlling stake in National Amusements Inc, which in turn has controlling stakes in Viacom and CBS Corp…. Read More ›
You are right, the ‘S’ is for slim. It will also launch its new VR headset during the holiday season. In what could make gaming a lot more fun, Microsoft Corp has unveiled its vision of the next generation ultra-high… Read More ›
This move is to replace Philippe Dauman and George Abrams, who were removed from Viacom’s board. The Wall Street Journal has reported citing sources familiar with the matter at hand that National Amusements Inc, which holds an 80% stake… Read More ›
National Amusements has clarified that it is not opposed to a transaction that would unlock value at Paramount. However this comes with a rider of the deal should be unanimously approved by Viacom’s board, which could be an impossible task…. Read More ›
Twitter has rejected the outcome of the survey. Is Twitter doing an ostrich act? According to the results of a survey, advertising agencies are increasingly turning more to Instagram than to Twitter to run their social media advertisement campaigns. In… Read More ›
The company is set to meet the challenges faced by Germany’s surging hi-tech new age car industry which is currently facing a shortfall of software engineers. In fact, BMW is set to overhaul its entire R&D department to include more… Read More ›
Although its primary growth market has been Europe, where its current annualized growth rate is 40%. It is also targeting India where it’s currently finalizing deals to buy land in multiple cities, including, Hyderabad, Bangalore, Mumbai and New Delhi. According… Read More ›
Despite pumping in more than 1 trillion into the economies of the EU, the lack of risk takers is creating multiple fractures and is fueling the rise of euro-sceptics in Germany. According to sources who are familiar with the matter… Read More ›
The slump in the Chinese economy slowly is bottoming out. Although China’s central bank has slashed the country’s forecast of exports the second consecutive time in a year, it has said it still expects the economy to grow at 6.8%…. Read More ›
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