A jaw dropping new report reveals that a computer system that coordinates the operational functions of the United State’s nuclear forces is driven by 8-inch floppy disks – whose use started several decades ago and is still being used. According… Read More ›
Although Cainiao’s business is capitally intensive and appears to be controlled by Alibaba it is unclear how much of this capital will be spent by Alibaba as opposed to its delivery partners. U.S regulators have started probing into the accounting… Read More ›
In the wake of rising defaults, NYDFS wants to ensure whether these fintech companies have done their due diligence and are in compliance with the state’s various statutes. LendingClub has also mentioned that it is in talks with the SEC…. Read More ›
As per a study done by BitSight, a security ratings company, Brazilian companies fare “significantly poorer” in cyber security among companies across major economies. This is a wake-up call before the country becomes a hacker’s nest. According to a study… Read More ›
The tussle for who own the rabbit will now be fought out in court. After a judge ruled that a legal tussle over the right to use a rabbit mascot can proceed, the Duracell and Energizer bunnies are all set… Read More ›
The most players in the oil industry is struggling to stay afloat due to the low prices and oversupply of oil, one segment of the industry seems to be gaining from all this turmoil. In recent years with oversupply of… Read More ›
The U.S. government has reported a larger-than-expected drop in crude inventories. For the first time in seven months Brent crude rose to levels above $50 a barrel. Asian shares however did not ride this wave as they are still struggling… Read More ›
Does Bayer’s acquisition strategy of Monsanto factor in the ECB bond buying program? It would be brilliant if it has in fact factored that in. According to the terms of the European Central Bank’s bond buying program, Bayer would be… Read More ›
Apple has hired 4 electric vehicle charging experts including one from Google. According to sources familiar with the matter at hand, Apple is in the process of investigating how to charge electric cars. It is talking to station companies and… Read More ›
Swiss watchmakers are facing a threat from within their clubby ranks even as they struggle with the strong franc, weaker Asian demand, and new technologies such as smartwatches. An example is the Goldgena Project which is open to using non-Swiss… Read More ›
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