The investigating appears to focus on Cambridge Analytica’s financial dealings. As per a New Yorks Times report, the FBI and the U.S. Justice Department are investigating Cambridge Analytica, the now-defunct political data firm that was embroiled in a massive scandal over its handling of Facebook Inc user data. Prosecutors are wanting to question former Cambridge…
Naspers said the sale was for strengthening its balance sheet and to boost growth in its e-commerce business. On Friday, Naspers, a South Africa-based multinational internet and media group, stated it has raised $9.8 billion by selling 2% of its holdings in China’s Tencent Holdings Ltd. A move, it described as being aimed at strengthening…
Essentials is aimed at bridging the gap in its market – which till now have catered to large firms. With this Salesforce.com aims to cover every segment of its market. In a step aimed at mitigating air pockets in its market, Salesforce.com Inc has launched new customer service and sales software tailored specifically for small…
The effort is in line with Fujitsu’s intent on offloading its non-core businesses. On Friday, Fujitsu Ltd stated it is holding talks with Polaris Capital Group to sell its mobile phone business to the investment fund, a deal which could fetch as much as $456 million (50 billion yen). Japan’s Nikkei news agency stated that…
The agreement, spanning several years, covers areas of technology related to RF Front-End components. Qualcomm Technologies Inc stated it has signed memorandums of understanding (MOU) for sales worth at least $2 billion with Xiaomi Communications, Lenovo Group, Vivo Communication Technology and the Guangdong OPPO Mobile Telecommunications Corp. On Thursday, the U.S. chipmaker disclosed that the…
The firm’s R2 Data Labs will use a wide array of tools, including AI, machine learning and analytics to push for innovation and growth across its businesses. In what is likely to be a milestone for Rolls-Royce, the firm has created a data unit, R2 Data Labs, that uses artificial intelligence, analytics and machine learning…
It aims to achieve 100% coverage by 2022. The British government is studying the pros and cons of the proposal and may consider a legislative approach to achieve the target. British telecommunication giant BT is set to invest $778 million (600 million pounds) to further the aims of the British government to provide faster…
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