A bid to merge its document business with R.R. Donnelley & Sons Co. was privately rejected by Xerox Corp recently, reported The Wall Street Journal citing sources and people familiar with the matter. Splitting its business-outsourcing operations from its legacy printer and copier division, the plans for the division of Xerox being broken up into two businesses was…
After a long-running dispute over fees charged on card transactions with Mastercard Inc., a London Judge awarded 69 million pounds ($91 million) in compensations to J Sainsbury Plc. According to a Competition and Appeal Tribunal judgment published on Thursday, competition was restricted by the charges put on U.K. credit and debit card transactions by Mastercard. There have…
Promotion of illegal Israeli settlements in occupied Palestinian territory is the latest charge that has been thrown against Airbnb as the travel website comes under continuous fire for the property listings which have sent critics talking against it. Profiting from properties that are part of Israeli settlements located in the West Bank and mislabeling such…
As financial technology startups broaden the reach of investing services and offer lower fees than many traditional wealth manager, Betterment LLC has becomes the first independent robo-adviser to have surpassed $5 billion in assets under it active management. Since it was founded in 2008, this pioneer of automated investing has been witness to substantial growth…
Although this doesn’t immediately translate to a cure for glaucoma in humans, however it could be the stepping stone. Turns out even blind mice have a research purpose: a team of researchers have gathered a couple of blind mice, who have a glaucoma-like condition so as to find a cure for it. By the end…
The world’s first smartphone that comes with its own VR headset. The packaging is a dream come true. The VR market is definitely heating up. With Samsung, HTC and LG releasing their VR solutions, it’s time for more of their cost-effective counterparts to hog the limelight. Alcatel has just released its Idol 4S flagship in the…
As the Middle Eastern government plans to tap global capital markets for funds and improve efficiency in its most important industry, Kuwait is taking steps to sell minority stakes in units of the state oil producer. Anas Al-Saleh, acting oil minister, said that the shipping and chemical arms of Kuwait Petroleum Corp. and the sales…
Upstarts from China and Russia are aiming to take on the U.S. and European aircraft making giants in the narrowbody plane segment, the most popular type of aircraft for carriers even as Boeing’s 737 Max made its international debut this week at the Farnborough airshow while Airbus was talking up the capabilities of its single-aisle…
You could think of Riffle as a smarter and hardened Tor network. Although many privacy conscious users have taken to the Tor network for securing their online privacy, the system is not hack-proof, with motivated state actors, and hackers able to compromise the security of thousands of users. So as to strengthen and improve security…
The ASUS ZenForce 3 Deluxe will set you back by $780. Initially, it will be launched in Hong Kong and in Taiwan. It is not surprising that after Computex ASUS has unveiled its latest smartphone. Turns out that the company has a pleasant surprise for consumers. Its latest flagship, the ZenFone 3 Deluxe, has been…
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