In what is the biggest ever hack of a hotel reservation system to date, hackers had managed to breach Starwood hotels’ reservation system and managed to steal personal information, including passport and credit card numbers of 383 million customers. Arne… Read More ›
Indira Nooyi will be part of Amazon’s audit committee on its board. In a development that underscores Amazon’s commitments towards gender neutrality in its board of directors, the world’s biggest online retailer stated it has appointed Indra Nooyi, the former… Read More ›
There are a growing number of instances where Chinese companies are luring top executives with large sums of money to leak and sell corporate and industrial secrets so that they can set up base in China. Former and past BASF… Read More ›
Inditex is the world’s biggest clothing retailer. Its strategic decision to not provide discounts from September, unlike its peers, have contributed to its continued growth. Inditex, the world’s biggest clothing retailer, has reported a net profit of $2.7 billion (2.4… Read More ›
The move is essentially a compliance against the deal Tesla entered with the SEC in September 2018 to settle fraud related charges against Tesla and Elon Musk. As demanded by the U.S. Securities and Exchange Commission, Tesla Inc’s board… Read More ›
The $1 billion loan is separate from the June 2018 $1 billion in credit ADB had approved for Indonesia to support fiscal reforms and promote investments. On Tuesday, an official from Indonesia’s finance ministry stated, the Asian Development Bank (ADB)… Read More ›
As per a filing by Amazon to the SEC, its board is set to review nominees from diverse candidates which includes minorities. In a move that aims to promote greater diversity in its Board, Amazon.com stated women and minorities are… Read More ›
She had made significant inroads in reducing abusive litigations by “patent trolls”. On Tuesday, a spokesman from the U.S. Patent and Trademark Office stated that its Director, Michelle Lee, who won lavish praise from tech companies for taking steps to… Read More ›
By 2018 Jim Hagemann Snabe is likely to reduce his supervisory board positions and be Siemens chairman. Germany’s top engineering group, Siemens has proposed that Jim Hagemann Snabe, the former Co-CEO of SAP be its next chairman, ahead of its… Read More ›
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