Thanks to a crushing debt load from a previous buyout and relentless competition from warehouse and online retailers, the once-dominant specialty retailer and ultimate toyland for a generation of post-war baby boomers – Toys “R” Us Inc., filed for bankruptcy. The gravitational pull of Amazon.com Inc., which has revolutionized the way people consume with affordable…
Augmented Reality and iOS games are likely to be Apple’s cash cows. With Apple launching its new OS in its latest offerings of iPads and iPhones, its online marketplace has also undergone a significant makeover: it now allows third party developers to add augmented reality apps to it. Its new OS, iOS 11, is being…
The risks rewards spectrum associated with cryptocurrencies have yet to be mapped out and the resilience of the technology underpinning them have yet to be proven, for consumers as well as for institutions. As per the Bank for International Settlements, it is too soon to determine whether it is prudent for central banks to issue…
The user that data companies can see will get limited due to Apple adding features to its web browser Safari and this has caused the advertising trade groups to admonishing Apple. Claiming Apple’s move could make online advertising worse and deprive media companies of revenue and arguing against the changes, the move caused six major advertising…
A global could be a possible ultimate result of there is an outbreak of military conflict on the Korean Peninsula and that would be destabilizing for the region, according to Citi’s top global political analyst. Tina Fordham, managing director and chief global analyst at Citi said that the extent of the damage from such a…
Sending a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with potential military applications, U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker. The first announced deal for the buyout fund, which launched last year with a focus on technology investment, one of the…
While one’s personal data is worth a lot to an individual, it would be interesting to know how much worth it carries for the identity thief. According to an annual report on cybercrime by Secureworks, a unit of Dell Inc, the bitcoin equivalent of about $10 to $20 is the selling price for verified high-limit…
“The game has started,” – Mark Llistosella, Daimler Trucks’ Asia chief. In what is slated to be another milestone in the transportation industry, Daimler AG stated that its new battery powered eCanter truck will be commercially used by United Parcel Service Inc, its first U.S. commercial customer for its battery-powered eCanter truck. Daimler has stated…
A positive outcome of the talks could enable Lyft to ward off discussions on its IPO, slated for 2018, and could enable it to increase its footprint in the U.S. As per a source familiar with the matter at hand, Alphabet Inc is holding early talks with Lyft Inc regarding purchasing a stake in the…
Analysts have conflicting views about the emerging market’s (EM) growth outlook despite the fact that this sector has continued to grow faster than developed markets and produced higher returns this year. According to a UBS report, compared to developed markets 2.25 percent, the gross domestic product growth is around 4.5 percent year on year for…
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