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 ›
Strategy
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 ›
Vista Equity Partners to Acquire Cvent, Inc. for $1.65B
Affiliates of Vista Equity Partners, a leading private equity firm focused on investments in software, data and technology-enabled businesses is all set to acquire Cvent Inc. and entered into a definitive agreement with the later for acquiring. Substantial value to… Read More ›
AB InBev sells SABMiller’s Peroni brand to Japan’s Asahi group
With this strategic move, Ab InBev moves one step closer towards completing its 100 billion plus takeover of SABMiller. AB InBev process of acquiring its smaller rival SABMiler has made another significant milestone with it accepting Japan’s Asahi Group’s proposal… Read More ›