The new rules aim to balance the requirements of having a basket of vulnerabilities to conduct cyber attacks against enemy systems with that of protecting domestic industry and consumers from cyber attacks from foreign intelligence agencies, criminals and hackers. As per a national security official, speaking on the condition of anonymity, on Wednesday the Trump…
While confirming AXA sticking to it’s financial targets for 2016-2020, CEO, Thomas Buberl, has unveiled an intrinsic operating model that simplifies and refocuses the firms resources so as to boost shareholder’s value. On Tuesday, French insurer AXA confirmed that it was on on the path to meet its key 2020s financial targets thus extending the…
The firm has grown at a phenomenal pace of 40% compounded annual growth since 2011 and is expected to quicken its pace. The head of Travelers Cos Inc stated the company will stick to its growth plans on the cyber insurance, which protects businesses against liabilities revolving around hacking and cyber attacks. We feel like…
Introducing quality assurance guidelines will be a step in the right direction for Japan’s aluminum industry as it tattles the fires of Kobe Steel’s data falsification scandal. On Monday, Mitsuru Okada, the chairman of Japan’s aluminum industry, Japan Aluminum Association, stated the the industry is considering the creation of sector-wide quality assurance guidelines if it…
Aramco’s IPO is central to Saudi Arabia’s strategic plan on diversifying its economy. On Monday, the CEO of Saudi Arabia’s Aramco disclosed that it plans on spending around $300 billion over ten years in upstream oil and gas projects. “This is mainly upstream, onshore, offshore and joint ventures in the kingdom and out of the…
FlixBus is set to take on its U.S. rivals Greyhound and Megasbus in its bid to expand its services there. On Wednesday, FlixBus, a German long-distance bus firm disclosed its plan of expanding its services to the United States and take on its U.S. rivals, including Megabus and Greyhound. “There is a significant shift in…
Uber aims to debut a flying taxi service in LA sometime in 2020. On Wednesday, Uber stated it has struck a deal with NASA to develop software for managing “flying taxi” routes in the air along the lines of ride-hailing services on the ground. This marks a milestone in Uber’s history since this is its…
Once developed, the platform will not be limited to just India but can be integrated with vehicle systems globally. On Tuesday, Bangalore-based Indian ride hailing service Ola disclosed that it has tied up with Microsoft Corp to build a new connected vehicle platform on Microsoft’s Azure cloud computing service to power its in-car entertainment offerings.…
While the deal is widely expected to benefit Disney, its impact on Twenty First Century Fox will require more clarity. News reports from CNBC have stated citing anonymous sources familiar with the matter at hand, Twenty-First Century Fox has held talks with Walt Disney Co to divest most of its television and film assets, in…
With Sprint and T-Mobile ending their merger talks, it would appear that Sprint has triggered its contingency plan which allows it to leverage Altice’s cable network to develop and provide 5G connectivity. U.S. cable operator Altice USA is set to sell its its mobile service on Sprint Corp’s network under a new multi-year agreement. The…
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