Aimed at the luxury market, the phone will incorporates technologies which are 2-3 years ahead, of being launched in the consumer market, have military grade encryption, and have a definite flaunt value as well. A British-Israeli start-up will debut a… Read More ›
Strategy
IEA Expert says Russia, Saudi Arabia would Produce as much Oil as Possible
Both Russia and Saudi Arabia have threatened to ramp up production after less than a week ago both had said they were willing to discuss freezing oil output ahead of the doomed Doha talks last weekend. Both producers will continue… Read More ›
What should be the extent on cooperation between tech companies and law enforcement agencies?
House Energy and Commerce subcommittee try to find common ground between U.S. tech companies and U.S. law enforcement agencies, thus re-igniting a decade old debate on the extent tech companies cooperate with law enforcement agencies during an investigation. With the… Read More ›
Mitsubishi Motors admits to manipulating fuel economy tests on its vehicles
Although the admission has wiped off $1.2 billion from its market capitalization, with the admission the company can now begin the process of rectifying the faults. Even in VW’s case, investors have wanted the company to turn a new leaf,… Read More ›
U.S. Foreign Intelligence Surveillance Court issues first order
The order has been posted on the website of the Office of the Director of National Intelligence. It remains to be seen whether this is related to the Electronic Frontier Foundation suing the government for forcing U.S. companies to decrypt… Read More ›
As a Strategy to Monetize Posts, Facebook is Considering Launching ‘tip jar’ Application
To allow users to be able to tip small amounts of money to the pages and people they like the most, Facebook is contemplating the addition of a a virtual “tip jar” service to the world’s largest social networking platform… Read More ›
Decline in PC Industry Forces Intel to cut up to 12,000 Jobs
As Intel Corp refocuses its business towards making microchips that power data centers and Internet connected devices and away from the declining personal computer industry it helped found, the company said it would cut up to 12,000 jobs globally, or… Read More ›
Goldman Sachs and Bass Pro to bid for Cabela’s
The duo are joined by other private equity firms who also want a piece of the action. According to sourced familiar with the matter at hand, Bass Pro Shops, a private held outdoor retailer, has partnered with Goldman Sachs Group… Read More ›
Intel needs to adapt to the dynamics of cloud computing and IoT
Faced with a falling demand from personal computers, Intel has to adapt to new computing technologies or go the way of the dinosaurs. Intel Corp has disclosed that it is set to cut 11% of its global workforce, equivalent to… Read More ›
Yahoo’s first quarter results beats analyst’s estimates
Under immense pressure from activist shareholder Starboard Value LP, Marissa Mayer, its chief executive, is focussed on its sales, and meeting potential bidders and investors. In a development that could play a significant role in helping Yahoo Inc.’s get a… Read More ›