In an effort to reduce food contamination by using blockchain, IBM has been joined by a group of global food giants including the likes of Nestle, Unilever and Walmart. In order to trace the source of contaminated produce IBM would enable global food businesses to use its blockchain network, the corporation announced on Tuesday. According to…
The bidding for the sale is set to begin from September with expected proceeds in the range of hundreds of millions. A Japanese business daily has reported, Fujitsu Ltd is looking at options to divest its mobile operations in the face of fierce competition from bigger rivals. Last February, Fujitsu spun off its mobile phone…
The strategic shift to harness social media in delivering news has attracted younger viewers who watch it at least thrice a week. In a significant development that underscores a potential strategic shift in CNN’s approach to delivering news, on Monday it began streaming “The Update”, a daily show on Snapchat. Each episodes features at least…
The development assumes significance with it having national security implications, especially with North Korea in its neighborhood. The Japanese government has disclosed that it launched a Japan on Saturday launched an H-2A rocket carrying a geo-positioning satellite into orbit following a week-long delay. The development assumes significance being Japan’s third geo-positioning satellite, which will be…
The sale is likely to be a prelude for more such divestures which are aimed at reducing its debt. As per sources familiar with the matter at hand, AT&T Inc is exploring options of its Digital Life home security business, which includes sales, as it looks for ways to lower its debt after its $85.4…
Ukraine’s central bank has issued a warning against a probable cyber attack on August 28. The new malware spreads from Microsoft Word documents from e-mail attachments. On Friday, Ukrainian central bank has issued a warning to state-owned and private lenders on the appearance of new imminent threat from a malware similar to those that knocked…
Although it has played down this notion, it has not rejected it and has in fact taken steps towards being one. On Friday, in a significant development, German Foreign Minister talked to his Russian counterpart Sergei Lavrov on the North Korea crisis, said Russia’s Foreign Ministry. On Wednesday Germany had stated it would do everything…
The inability to provide a stable economic, and deliver cohesive governance will have long term consequences for the current U.S. administration. Stock prices across the globe went south for a second day following an exodus of U.S. executives from Donald Trump’s business councils thus dealing a fresh blow to hopes of promised tax reforms. For…
Announcement about working on a new way for mobile phones to transfer large amounts of data without using wires or WiFi connections is expected to be made by a startup backed by Tony Fadell, one of the fathers of the Apple iPod. Samsung Electronics Co Ltd, Foxconn parent Hon Hai Precision Industry Co Ltd and…
The Australian government seeks to empower its financial intelligence watchdog with investigative and enforcement powers. Australia has proposed enabling stronger money laundering laws, including bringing bitcoin providers under the jurisdiction of the its financial intelligence unit, following yet another fresh scandal at one of its biggest banks. The Australian has stated it would table a…
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