A Wall Street Journal report claimed that an offer by Turkey to the United States of releasing detained American pastor Andrew Brunson if the US investigations against Turkish bank Halkbank is halted was turned down by the Trump administration. The proposal, according to the report, was dropping off of terrorism charges against the American pastor…
American could end up paying more for virtually everything they use in their daily lives – from cradles to coffins, if US president Donald Trump goes on to impose the threatened tariffs on $200 billion of Chinese imports, claimed a broad cross-section of U.S. businesses. While the earlier list for tariffs were drawn up carefully…
The development underscores the strict rules companies have to comply in to operate in China with Beijing’s regulator trying to create a cyberspace with enhanced censorship policies. Apple has stated it has withdrawn lottery apps from its App Store in China midst tightening regulations and a barrage of criticism from China’s state media. According to…
Growth is being given predominance over profit by Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi just like his predecessor. But because the ride-hailing service has reached a global scale, therefore it is finding it difficult to make growth gains. A second-quarter loss of $891 million was recently reported by Uber. While the loss is…
US retailing giant Walmart reported a 40 per cent increase in its online sales in the last quarter which drove its overall revenues to $128bn for the period. There was jump of 10 per cent in share of the company at the New York stock market. “We’re leveraging stores and e-commerce to make shopping faster…
In 2006, Google had entered China only to leave in 2010 over an escalating dispute with regulators that was capped by what security researchers identified as state-sponsored cyberattacks against Google and other large U.S. firms. According to a transcript of a meeting between Google’s CEO and its employees, the search engine giant is not close…
As per a report by the NYT, SpaceX could potentially take a stake in Tesla and partially help finance the buyout. As per a report by the New York Times, Tesla Inc’s CEO Elon Musk has no plans to relinquish his role as chairman and chief executive officer of the company. NYT’s interview of Musk…
Deliveries by self-driving cars from the Fry’s store will cost $5.95 with no minimum order and will be available at addresses within the store’s zip code of 85257. On Thursday, U.S. supermarket operator Kroger Co stated it will begin testing driverless grocery deliveries from today and to do so it has partnered with tech firm…
Computers belonging to the state government of Alaska, including the local ISP, the governor’s office, the Alaska Department of Natural Resources, etc were extensively scanned by hackers from China’s Tsinghua University, reads a report by cyber security firm Recorded Future. As per a cyber security research firm Recorded Future, hackers operating from an elite Chinese…
Starboard, which has nominated 5 members to Symantec’s board, intends to boost Symantec’s margins. On Thursday, as per a report from The Wall Street Journal, Starboard Value LP, an activist investor, has taken a 5.8% stake in Symantec Corp and is looking to take at least 5 seats in its Board of Directors. The WSJ…
