Cupertino is increasingly relying on businesses to be its revenue generating engine. The company has tied up with IBM SAP to encourage developers to write business apps for its ecosystem. On Monday, Tim Cook, Apple Chief Executive disclosed that the company is working with Cisco Systems Inc to help businesses that primarily use gear from…
It turns out, in the age of self-driven cars, car rental companies do have a future, albeit with a change in their business model. The self-driving car unit of Alphabet Inc, Waymo, has disclosed that it has signed a multi-year agreement with the Avis Budget Group Inc, a car rental company, for managing its growing…
With cyber security increasingly gaining prominence in the wake of growing threats from Chinese and Russian hackers, a separate listing for Forcepoint has potential. In an interview published on Sunday, German business daily Boersenzeitung reported, Raytheon could potentially come out with an IPO for its cyber security unit. “Raytheon has undertaken that Forcepoint will achieve…
The attack was said to be looking for weaknesses in the password strength of email accounts. On Saturday, the British parliament was hit by a “sustained and determined” cyberattack that was aimed at identifying weak email passwords. The development comes just over a month after a ransomware worm crippled parts of UK’s health service. With…
The efforts of Facebook, Google and Twitter in removing violent jihadist content from online repositories which had acted as breeding ground, have yielded significant results. In efforts aimed at containing the growing threats of extremism in the UK, Facebook has launched a program in the country through which it will train and fund local organisations…
State-sponsored cyber attacks against each other aimed at stealing trade secrets or other confidential business information has been vowed not to be conducted in an agreement between China and Canada with both the countries having signed the bilateral agreement. The Globe and Mail reported on Monday that the deal was described as a step toward…
Aimed particularly at simplifying trade finance transactions for small- and medium-sized companies, a blockchain-based platform for seven big European banks, including HSBC and Deutsche Bank, is being built by tech giant IBM. One of the top areas where blockchain – the underlying technology behind bitcoin – could have an impact was identified as trade finance…
The company is eyeing more tax incentives as it positions itself for deepening its market penetration in India. When Apple’s CEO Tim Cook met Indian Prime Minister, Narendra Modi, at a business summit in Washington he took the opportunity to highlighted the economic impact Apple has had on the Indian economy as he tries to…
A wild card into one of the biggest and most complicated recalls in automotive history is to be thrown by the expected bankruptcy of troubled air-bag maker Takata Corp. and it isn’t just a crisis for its employees and suppliers. From Tesla Inc. to Toyota Motors Corp., tens of millions of defective air-bag inflators used by 19 car and truck…
Banking passport into Ireland was acquired by Starling Bank which relies on a mobile phone app instead to cut running costs and appeal to new customers and is a new U.K. challenger bank that doesn’t have branches. Taking advantage of the EU ‘passporting’ rights that allow companies to set up in other nations more easily…
In a move that may allow Rome to solve its latest banking crisis on its own terms, preliminary approval for an Italian plan to wind down two ailing Veneto-based regional lenders with state money was given by the European Commission on Friday. Issuing an emergency decree that will effectively remove one its biggest banking headaches…
Just days after U.S. arms maker Lockheed Martin Corp agreed with Tata Advanced Systems to build F-16 fighters there, Russian military aviation firm MiG said on Friday it was ready to deepen its cooperation with India. Foreign suppliers must build the planes in India to boost the domestic industrial base and cut outright imports, Prime…
