Following detection of fraudulent transactions, Toshiba has filed a lawsuit against a former employee at its U.S. unit. On Thursday. Toshiba Corp said it has filed a lawsuit against a former employee of a U.S. unit for conspiring with a… Read More ›
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Renault-Nissan Alliance global alliance to remain strong: Bruno Le Maire
Both, France and Japan, have indicated that they are ready to stabilize and conslidate the alliance between Renault and Nissan. On Wednesday, French Finance Minister Bruno Le Maire stated, the consolidation of the alliance between France’s Renault and Japan’s Nissan… Read More ›
Munich prosecutors arrest the former head of R&D at Porsche marking the first arrest in Germany following VW’s diesel emission scandal
While Wolfgang Hatz’s personal premises were searched by prosecutors in Germany, corporate locations were not part of the raid. As per a source familiar with the matter at hand, prosecutors from Munich have arrested a former member of Porsche board… Read More ›
Kaspersky Lab links Lazarus Hacking group to Bangladesh cyber heist
Kaspersky Lab’s report states that at the face of it Lazarus is linked to North Korea however the link is not conclusive. Given the fact that Lazarus is a group of professional hackers, the chances of finding clinching evidence is… Read More ›
ZTE pleads guilty to violating U.S. sanctions
The Chinese company had made elaborate plans to hide its illegal activities. Only after the U.S. Department of Commerce threatened to cut off its global supply chain having presented ZTE evidence of its illegal activities did the company agree to… Read More ›
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