The growth for the French cosmetics giant L’Oreal for 2018, as reported last Friday, was the highest for the company in more than a decade. This growth was primarily driven by very strong growth in its new markets with a 24 per cent gain in sales in the Asia-Pacific region. There is currently no worry…
The computer network of the Australian parliament was attempted to be hacked which is being investigated by security authorities of the country. While there was “no evidence” that hackers have been able to access or steal any information, said the lawmakers, but their passwords are being changed as a precautionary measure. The attempt to hack…
The global furniture retailer Ikea is attempting to become more environment firnedly. As a part of its this effort, the company is testing out the possibility of offering used and patched-up furniture to customers in the UK. The first attempt for the sale of old and used furniture was made in Edinburgh as a pilot…
Amazon founder Jeff Bezos claimed that he was blackmailed by David Pecker’s National Enquirer by threatening to publish some sexual pictures that involved him and possibly his girlfriend, Lauren Sanchez. This allegation was made by Bezos in a blog headlined “No Thank you, Mr. Pecker” where the Amazon CEO claimed that he was contacted by…
With the aim of bringing down its $50 billion debt burden that it had acquired in recent years, the US based computer manufacturer Dell Technologies Inc is contemplating selling off its U.S. provider of cybersecurity services – SecureWorks Corp. The current market valuation of SecureWorks is estimated to be about $2 billion according to a…
A ruling issued in Germany has accused Facebook, the largest social network of the world, of abusing its dominant position in the market to amass user information without gaining consent from them. This was followed by the social media platform being asked to curb its data collection practices in Germany. The Cambridge Analytica scandal which…
Despite the micro-blogging site Twitter Inc. beating analysts’ estimates in terms of both revenue and adjusted earnings per share for the fourth quarter, the shares of the company dropped over concerns for not as expected forecast guidance. The profits of the company for the fourth quarter as reported by Twitter was more than double the…
The largest hotel chain in India has targeted to achieve global domination. Rooms are being added to its platform much faster than the total count of the top three hotel chains of the world, claims the Indian firm OYO, launched just five years ago in the form of an online platform that allowed its users…
According to reports published in the Globe and Mail newspaper on Monday, Huawei executive Meng Wanzhou is seeking ways to create a defence for herself according to which she would claim that the charges posed against her by the United States are politically motivated. This line of legal remedy is being sought by Meng to…
In what is being described as its boldest step for expansion outside of its home country, U.S.-based electronic cigarette company Juul Labs Inc hopes to enter the Indian market by the end of 2019, reported Reuters. The company has already started recruitment in India for that purposes with the hiring of Uber India executive Rachit…
