A unit to enhance collaboration among its members and the U.S. government as a way to help reduce cyber security threats to the financial system has been formed, announced the Financial Services Information Sharing and Analysis Center (FS-ISAC), an influential U.S. financial industry group on Monday. The FS-ISAC said in a statement that proactively identifying,…
The specter of a leadership vacuum was cast at the $100 billion coffee-to-steel business empire after, in a rare display of discord atop India’s biggest conglomerate, Tata Group abruptly ousted its chairman of almost four years. The group’s holding company said in a statement that chairman Cyrus Mistry, 48, was replaced by his 78-year-old predecessor…
A market crowded with local birds that have clipped prices and profits for Korean growers is faced by global poultry producers hoping to cash in on South Korea’s craze for fried chicken and beer. Fueled by its appearance in a hit South Korean television drama and an explosion of restaurant chains the popularity of the…
Another type of smartphone can be exchanged for by customers with second thoughts about using a replacement Samsung Galaxy Note 7 in the US. This is being implemented by Sprint. A Southwest Airlines flight was canceled after a passenger’s Note 7 — allegedly a replacement model — ignited before takeoff in Wednesday and the federal…
Analysis firm IHS Markit argues that Google’s latest Pixel smartphone could risk antagonizing manufacturers reliant on the software and android may be the dominant smartphone operating system (OS) but “it’s not invincible.” Pixel and Pixel XL – a smart home hub called Google Home, a virtual reality (VR) headset, Wi-Fi routers and a new version…
To prevent them becoming extinct in the wild, conservationists urge countries to give imperilled species the highest level of protection at the global Cites summit. Conservationists say that from iconic species such as elephants and lions to lesser known, but equally troubled, creatures such as devil rays and the psychedelic rock gecko, a global wildlife…
As the social media company grapples with its slowest revenue growth since going public in 2013, sources have been quoted in the media as saying that Twitter Inc has initiated talks with several technology companies to explore selling itself. Twitter suffered from management turmoil since its earliest days as the company has failed to grow…
The Danish shipping and oil conglomerate A.P. Møller-Mærsk would now split up into two new entities – one that will cater to its transport business and another one to look after the energy division. This announcement was made by the company on Thursday. “The industries are challenged and we have not really been able to…
By promoting instant bookings and changing some of its technology, online rental marketplace Airbnb will try and mend some f the allegations of racism that it faced on its website. There were reports of widespread racial discrimination against non-white guests by displaying photos less prominently on its website. This was revealed in a report commissioned…
According to a report in Politico, high ranking employees have been banned from contributing money to certain campaigns including that of U.S. Republican presidential candidate Donald Trump by the US Investment bank Goldman Sachs. Political restrictions have been expanded to partners of the firm by Goldman Sachs, the online politics magazine said Tuesday. An email that was…
