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European Union Gives Unconditional Approval To IBM’s $34 Billion Red Hat Deal
28.6.2019
As far as tech industry royalty is concerned, then IBM is right up there with the biggest names in the industry and its move to acquire Red Hat, an open source software firm for a mammoth $34 billion is an indication of its ambitions. As everyone knows, cloud computing is now the emerging industry...
Apple To Invest $100 Million In Japan Display, According To Japanese Media
27.6.2019
When it comes to companies like Apple, the number of vendors that such companies contract is huge, and many of those vendors eventually come to depend on the business that they generate from those companies. It is the same for many vendors and their relationship with, particularly large companies....
Apple Buys Self Driving Start Up In Latest Push Into Growing Space
27.6.2019
When it comes to contemplating the future of automobiles, there is no doubt that self-driving cars are going to be the next frontier for innovators after electric cars have been turned into a reality. Nowadays, some of the biggest companies in the world are spending millions of dollars in their...
Microsoft, Sony, and Nintendo Urge to Remove Gaming Console Tariffs
27.6.2019
The trade war between the United States and China has possibly been one of the biggest events of the past decade, and it has had far-reaching consequences all over the world. After all, when the world’s two biggest economies are involved in a trade skirmish, then it is almost a given that...
Market Rebound Boosts Adoption of Cryptocurrencies for Payments
27.6.2019
The use of digital assets to make payments is growing, according to a recently published study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that...
South Korean FSC Approves ICONLOOP’s Blockchain based Digital Identity Service – my-ID
26.6.2019
South Korean government’s top budgetary controller, FSC (The Financial Services Commission), has reported the incorporation of ICONLOOP’s ‘my-ID’ administration into the ‘Innovative Financial services and Regulations Sandbox’ which was created under the special...
Bahrain Beats Silicon Valley And London In Race of Female Startup Creators
26.6.2019
Over the years, venture capitalist money and investment has created a worldwide startup culture that has seen talented and innovative individuals going on their own with their ideas. However, it had also been a well-known fact for many years that only a handful of startup founders happened to...
Microsoft Tablet For Both Windows And Android To Be Launched Next Year
26.6.2019
Throughout the course of the first decade of the new millennium, tech giant Microsoft generally lagged behind its peers and lost a lot of ground in the process. However, the transformation of the company over the course of the last half a decade or so has been nothing short of staggering. It...
Quantum Dot iPhone Camera Contract With Nanoco Cancelled By Apple
26.6.2019
For most companies, which are involved in supplying items to other companies, landing a supply contract with one of the world’s largest corporations is a significant deal. The inking of such a contract elevates the stature of a company and in addition to that, it helps in drawing new clients with...
Sygnia Cuts Try with Consulting Giant Deloitte Over Reputational Issues
26.6.2019
The biggest consultancy firms in the world are now going through a lot of turmoil for having been mixed up in unsavory episodes over the past few years, and that is no different when it comes to their operations in South Africa. One of the biggest scandals to have hit South Africa in recent years...
Fintech Banks All Set To Be Scrutinised Heavily By Relevant Regulators
26.6.2019
Over the past half a decade or so, Fintech has possibly been the most important development in the world of finances and now it is a multibillion-dollar industry has the potential of upending the way in which people use money. Fintech may have started off as a way of developing more advanced...
Kraken Raises Over $13 Million In Its Latest Fundraising Round
25.6.2019
Crypto exchange Kraken has raised $13.5 million from 2264 investors in its latest fundraising round
Celgene Deal Setback Wipes Out $6 Billion From Bristol-Myers Squibb
25.6.2019
When it comes to the biggest acquisitions that are valued at tens of billions of dollars, there is almost always a bit of trouble in completing the whole thing. First of all, there is the matter of the two company’s shareholders who might or might not want the deal to happen, while on the other...
Amazon Patents Drone Surveillance; Will Enable To Have Eyes In The Sky
25.6.2019
Amazon has pretty much taken over the e-commerce industry over the last two decades or so. The company, which started as an online book shop, now sells a plethora of products and is rightly known as ‘the everything store.’ However, it is also important to note that Amazon is not so dominant due...
$1 Million Raised by Streak AI Technologies in Latest Funding Round
25.6.2019
India has become one of the more important hotbeds of tech-based startups in Asia and a large variety of startups have been established in the past few years. Many of them have gone on to become highly successful companies and many more are now coming up through the ranks. One of those is Streak...
Local Chinese Startups Leave IBM And Oracle In The Dust
25.6.2019
The trade war between the United States and China is expected to continue for the foreseeable future and it has had far-reaching effects across a range of industries so far. One of the most interesting developments in that regard is the way in which local Chinese tech startups have now managed...
Smaller Rival Altran Merges with Capgemini in 3.6 Billion Euros Deal
25.6.2019
When it comes to the biggest companies in the world of consulting and technology, the idea of acquisition in order to keep growing is a well-known strategy and that has been even more prevalent in recent years. In a new development, French consultancy and information technology giant Capgemini...
Facebook Fails To Avoid Lawsuit Over Data Breach That Endangered 29 Million Users
24.6.2019
The past few years have been a bit of a nightmare for social media behemoth Facebook. The company found itself lurching from one user privacy issue to another and in September last year, Facebook revealed that in one of the worst hacking attacks in its history, as many as 29 million users’ data...
Coca Cola And China’s Mengniu Dairy Sign Olympics Sponsorship Deal Worth $3 Billion
24.6.2019
While the trade war between the United States and China is going on at full tilt for months, two of the biggest corporations from the two countries have come together to sign a gargantuan sponsorship deal for the Olympics. The sponsorship deal signed by soft drinks maker Coca Cola and Chinese dairy...
FedEx Apologises After It Returned Huawei Phone Package And Draws Chinese Criticism
24.6.2019
The trade war between the United States and China has been one of the most damaging and problematic global issues of recent times, and currently, there is no end in sight to the skirmish. However, the crackdown of the United States authorities on Chinese tech giant Huawei and the eventual...