Messenger for corporate correspondence Slack was estimated at $ 5.1 billion. During the next round of financing, however, the application attracted $ 250 million, the Financial Times reported. According to the publication, most of the investment came from the Vision Fund of the Japanese group SoftBank. According to Slack’s executive director Stewart Butterfield, management of Vision Fund planned...

Republican Senator Orrin Hatch and Democratic Senator Ron Wyden asked Equifax to explain a hacking, which resulted in hackers gaining access to personal information of about 143 million Americans. The senators also want to know if the attackers got access to data from the US Human Resources Office. Equifax is also required to disclose information about whether the three top executives who sold...

The largest European airlines, probably, will have to consolidate their units engaged in low-cost air transportation in the future. This is necessary to win the struggle for leadership with aggressive low-cost airlines, led by Ryanair Holdings. This view was expressed by the Director General of the International Air Transport Association (IATA) Alexandre de Juniac. Air France-KLM, German...

Credit Bureau Equifax Inc., one of the three largest in the United States, reported a massive cyber security breach. Hackers have got access personal data of nearly half the US population - 143 million people. According to Bloomberg agency, the intruders became aware of names and surnames of customers, their dates of birth, numbers of their insurance policies and driving licenses. In addition,...

Goldman Sachs, the most powerful bank in the world, is concerned about too lengthy growth in markets. Should we listen to these warnings and why are bankers suddenly disliking bubbles? On the eve of a business conference in Frankfurt, hosted by Handelsblatt, a manager of Goldman Sachs unambiguously told the audience that the world financial markets have been growing too long. It is difficult to...

A new study by consulting firm Counterpoint's Market Pulse, held in July of this year, shows that Huawei has significantly outperformed Apple in terms of smartphone sales in June and July. The Chinese company can repeat the success in August. To date, Huawei is the world's second largest smartphone manufacturer, behind only Samsung. According to Counterpoint's Market Pulse, Huawei managed to get...

A lot of things can go wrong with sea transportation: cargo can be damaged, a delay can occur, a storm can knocks a ship off course etc. Marine insurance is one of the oldest and least effective categories of insurance, says Sean Crawford, head of insurance at Ernst & Young consulting firm. In his opinion, this 30-billion branch is an excellent platform for understanding how one can use block...

Nowadays, Amazon is one of the world’s most successful companies. But how the company achieved such an incredible results? First, Amazon.com was a bookstore. Nowadays, Amazon is a giant company with its own solutions in the field of logistics, Internet payments, equipment development and data storage, as well as media business. Prime program, whose membership costs $ 99 per year, covers 85...

The World Trade Organization rescinded the decision that the $ 8.7 billion tax relief that the US government granted to Boeing was considered illegal. In late December last year, the States appealed on this case. In November 2016, the WTO recognized that the United States illegally subsidized the US aircraft manufacturing corporation. The World Trade Organization agreed that the US authorities...