Controversy has struck the Spanish retailer Zara in China after the company decided to keep some of its stores closed in Hong Kong when the island city was expected ot experience violence because of the pro democracy protests. A call for the boycott of the company has been given by thousands of Chinese on social…
When the work place sharing company WeWork had acquired he trade mark “We” from the company’s founder and CEO Adam Neumann, he had been paid for it. Neumann has now returned about $5.9 million worth of stock which was paid to him originally as compensation for acquiring the trademark. It had was unwinding the agreement…
A law suit that is aimed at preventing the proposed acquisition of Aleris Corp by Novelis Inc’s in a deal worth $2.6 billion was filed by the United States Justice Department on Wednesday over concerns that the merger could result in increased costs for aluminum sheets that are used to manufacture cars in the country.…
During the last two years, there have been sustained attempts to hack iPhones, evidence of which has been found by security researchers at Google. According to Google, websites which would inconspicuously embed malevolent software to access contacts, images and other data were used by the hackers to carry out the attempted hacks. Users had reportedly…
The largest retailer of the world Walmart has just opened up a new clinic called Walmart Health in Georgia which is being viewed as the a part of the efforts of the retailer to get deeper into the primary care and mental health market. The company website was recently updated and a link to Walmart…
The contract is aimed at replacing the Defense Department’s IT office applications as well as provide tools for day-to-day office administration including email, word processing, collaboration, storage and file sharing. The U.S. Department of Defense along with the U.S. General Services Administration stated, they have awarded a contract worth $7.6 billion to General Dynamics Corp’s…
Going by its tease, expect at least five color options for the new iphones. Apple Inc is slated to host an event on September 10 at the Steve Jobs Theater in its California campus. It is widely expected that Apple will unveil its latest iphone models during the event. In an invite to the event…
While promising changes in its policies, an apology was tendered by Apple over the issue of allowing third party contractors to listen to the commands that users of its voice assistant Siri gave to it. Following a report in the newspaper The Guardian last month, this practice of Apple, which the company claimed was aimed…
Fitbit’s latest feature packed Versa 2 beats the majority of its competitor on the battery life feature alone since it can last upto 5 days against Apple’s smartwatch 2 days. With Fitbit Inc launching the Versa 2, which features Amazon.com’s voice assistant Alexa, ability to make online payments and store music, its shares surged by…
In recent years, Huawei has shot up surprising fast into the global smartphone business. A U.S. ban citing theft of intellectual property and being a threat to U.S. national security has however crippled its sales outside China. On September 18 Huawei Technologies plans to launch its new Mate 30 line of smartphones in Munich, said…
