Even as 2017 is turning out to be another good year for most of the mining industry, Lommin Plc. is a big exception. Just 15 months after raising about $400 million from shareholders, it is burning through cash to stay afloat and investors are losing confidence in the world’s third-largest platinum producer. Including higher costs…
According to the Saudi firm’s CEO, “the next level” of strategic collaboration between the two countries is represented by just a days-old agreement between a major Saudi company and one of China’s largest enterprises. An agreement was signed on Thursday with Chinese state-owned Sinopec Group for new joint projects by Saudi Basic Industries Corporation (SABIC), a manufacturing company…
A big majority of fashion brands are still storing client data in plain text. In a mind numbing incident, BuzzFeed News discovered that a significant number of major fashion stores are storing the personal information of tens of thousands of its customers in plain text on their servers, which makes job of hackers frighteningly simple:…
LeEco’s rapid expansion has cost it dearly. The company is downsizing in all of its key market, including, India, U.S. and China. Chinese company LeEco which wanted to be the next Apple in the tech world is set to tone down its dream with the company deciding to sell its 49 acres property where it…
Although Uber did not give any reason for Jones’ exit from the company, the fact that he quit before seven months is telling. Uber Technologies took a major hit with its president Jeff Jones leaving the company for greener pastures. Jones was a key figure since being a marketing expert, he was hired to help…
A big majority of fashion brands are still storing client data in plain text. In a mind numbing incident, BuzzFeed News discovered that a significant number of major fashion stores are storing the personal information of tens of thousands of its customers in plain text on their servers, which makes job of hackers frighteningly…
The watch appeals more to the fashionista in you rather than to your geeky side. Montblanc is the latest brand to have entered to the smartwatch space. The company is following up its e-Strap accessory with a full fledged Android Wear 2.0 smartwatch called the Summit. The watch’s specifications are pretty decent, at its core is…
Although both industries, the technological and fashion, are aware of the huge untapped potential of wearable tech, challenges include figuring out how to capitalize on existing technologies to personalize user experience.
It could soon be more expensive to visit one of the world’s hottest and most expensive holiday destinations. Iceland’s government is considering ways of raising taxes in the tourism sector being overwhelmed by a record number of visitors in spite of its far-flung location. Limiting sightseers’ access to the country’s most popular spots wld be…
As center-right Prime Minister Mark Rutte looks on course for victory following the country’s biggest election in a generation, the Dutch establishment held strong under a growing wave of populism. Concerns over a continued rise of populist sentiment across Europe were prompted by the anti-EU Geert Wilders’ Freedom Party appeared to make significant gains and…
