China was the country of origin for the hacking of and a massive cyber attack on the messaging service of Telegram, said the company’s founder Pavel Durov. Confirmation of the company being the victim of a “powerful” Distributed Denial of Service attack was made by Telegram on Wednesday. The company said that the attack managed…
The largest meat producer of the United States Tyson Foods made its first foray into the market of alternative vegan meat with its launch of first plant-based and blended products, along with its new Raised & Rooted brand as the company attempts to expand its range of protein products. The alternative meat market is being…
A new Living Hours programme soon to be introduced in the United States would offer greater security for the some of the zero-hours contract workers in the country. Under this program, employers employing such employers would be required to the Living Wage to workers and provide at least four weeks’ notice of shifts to their…
The Swiss food giant Nestle wants to add on to the number of partners for its plant-based burger sales in addition to its partnership with fast food chain McDonald’s as well as seeking to expands its partnership with McDonald’s outside of Germany, said the company’s chief on Tuesday. “McDonald’s is an exciting and big customer,…
While downplaying the recent volatility in its stock prices, the trade tension that the United States currently has with China and other countries was blamed to be the primary reason for the lackluster performance of the stick of Uber since it launched its IPO in May, said its Chief Executive Dara Khosrowshahi on Tuesday. The…
An unsolicited offer for merger by the toymaker MGA Entertainment Inc has been once against rejected by rival firm Mattel Inc. A fresh offer aimed at merging the two companies was presented by MGA last month once again, said Isaac Larian, the founder and the chief executive of the privately held MGA, told the media…
While market share and profits are key factors in growth, maintaining business relations with the U.S. ie equally if not more important. In a significant development, the world’s third biggest supplier of semiconductor manufacturing equipment, Japan’s Tokyo Electron, stated it will stop supplying its Chinese clients that have been blacklisted by Washington. China is locked…
The United States President Donald Trump would be willing to put in another bout of trade tariffs on Chinese goods imported into the US if he did not manage to arrive achieve a trade deal during his meeting with the Chinese President Xi Jinping during a scheduled meeting of the two leaders later this month…
An experimental medicine developed by a New Jersey-based drug company – Provention Bio, appeared to postpone the onset of type 1 diabetes in a clinical trial which pushed the shares of the company, which listed itself on the share market last year, more than tripped on the news. According to the results of the clinical…
The largest ever merge in the aerospace industry worth $121 billion could be created by the merger of the aerospace business of United Technologies Corp after it agreed to merge that business unit with that of US contractor Raytheon Co. The competitive landscape of the aerospace industry would be altered if the deal goes through…
