In April 2018, as a per CNN report, advertisements of more than 300 companies ran on extremist channels on YouTube, thus they may have unknowingly financed them. As per a blog published by Cisco’s chief marketing officer Karen Walker, Cisco Systems Inc is pulling all its online ads from YouTube citing fears that they are…
Uber is working with aviation regulators around the globe to win up-front approvals and aims to demonstrate the service in 2020 with paid flights set to begin in 2023. In a strategic move, Uber Technologies Inc has re-opened a contest for the selection of the first international city for its proposed flying taxi project. The…
Facebook is exploring ways to tap blockchain technology across apps on its platform. In one of the biggest management shakeups in the history of Facebook Inc, its CEO Mark Zuckerberg ordered one of its biggest management overhauls and handed over more responsibility to its chief product officer. Facebook also announced the launch of a blockchain…
Tim Stones had played a key role in integrating Amazon.com’s market shaping acquisition of Whole Foods. Snap Inc, Snapchat’s parent, has disclosed, Tim Stone, the Amazon.com veteran who had led the integration of Amazon.com’s $13.7-billion acquisition with Whole Foods, will replace Andrew Vollero as its chief financial officer (CFO). Stone, 51, is currently vice-president of…
The update to the U.S. Congress by the credit monitoring firm sees hackers gaining access to 38,000 driver licenses and 3,200 passport details on top of the millions of private information harvested by them in the September 2017 cyber attack. Continuing its disclosures stemming from the cyber security incident which saw hackers gain access to…
The deal will see America Tower Corporation rise to the top 5 players in the African continent, with Kenya alone having 41 million mobile subscribers. The deal appears to be long term cost synergies. On Monday, America Tower Corporation stated it will acquire Telkom Kenya’s transmission towers business for an undisclosed amount. The deal, expected…
Although Cognizant reported a revenue rise of 10%, its net income for the first quarter fell to $520 million compared to $557 million from a year ago. On Monday, Cognizant Technology Solutions Corp, an IT services company, stated, its revenues have risen by 10% stemming from higher spending by clients in the healthcare and financial…
The deal essentially acts as a point of entry for Wal-Mart into India’s highly competitive e-commerce market. Flipkart and Wal-Mart can finally level the playing field against Amazon.com, the world’s biggest online retailer. On Friday, as per a Bloomberg report citing anonymous sources, Indian e-commerce giant Flipkart has agreed to sell an a 75% equity…
The European Bicycle Manufacturers Association (EBMA) has alleged that Chinese e-bike exports are, at times, below the cost of production. On Thursday, the EU official journey stated the European Commission has subjected the import of electric bicycles (e-bikes) from China subject to registration. This is part of a series of investigations launched by the European…
3D printed parts are likely to be a game changer for the auto industry. In GM’s case, the adoption of AI to make parts has resulted in creating a part which is 40% lighter and 20% stronger and has significant drop in the number of components required for the part to function. Its a giant…
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