Prosecutors are slowly zeroing in on the person who has dared to throw a spotlight on the shadowy world of how the wealthy hide their wealth. Swiss newspaper Le Temps has reported citing a source who is close to the… Read More ›
Strategy
Sumner Redstone says he no longer trusts Philippe Dauman
Philippe Dauman has argued in court saying that the 93-year-old media’s mogul’s daughter, Shari Redstone, is manipulating her father. Sumner Redstone has not been seen speaking in public for a months now. Viacom’s lead independent director, Fred Salerno, has pleaded… Read More ›
Kaspersky discovers xDedic, an e-bay like market for cybercriminals
Here criminals can buy attack tools for as little as $6. Attack /Defence tools against government organisation cost only $15. Security experts have stated that there are markets on the darknet which act like eBay in which black hat hackers… Read More ›
Betfair predicts 62% YES vote in Brexit referendum
The keyword here is ‘implied probability’. According to Betfair, betting odds indicate an implied probability that 62% of British citizens will vote to stay within the European Union. According to Betfair, this implied probability fell to nearly 55% yesterday, however… Read More ›
ECB working with Bank of England to increase market liquidity
The ECB is working with the Bank of England to reduce the fallout of a Brexit vote. As per officials with the knowledge of the matter at hand, the European Central Bank along with the Bank of England, would publicly… Read More ›
Will Twitter bring music into its services in the near future?
During an investment round of SoundCloud, a Berlin-based music service which allows people to upload audio files and share their content, Twitter has invested $70 million in this startup. Re/code has reported citing sources familiar with the matter at hand… Read More ›
Samsung negates Korea Economic Daily’s news reports of its investment plans
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 ›
Fred Salerno, Viacom’s lead independent Director pleads for access to Sumner Redstone
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 ›
Microsoft set to launch VR headset & Xbox One S in October
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 ›
National Amusements Inc scouting board members for Viacom
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 ›
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