The U.S Department of Justice is probing money laundering charges against Deutsche Bank who may have out back-to-back transactions, also known as mirror transactions, on behalf of its Russian clients. Basing itself on reports from people who are familiar with the matter, the United States’ Department of Justice will begin investigation into trade related transactions that Germany's Deutsche Bank...

Three companies, involved in bottling and selling Coca-Cola in Europe, decided to merge their operations to simplify the production and improve efficiency. According to the newspaper The Wall Street Journal, negotiations between Coca-Cola Enterprises, Coca-Cola Iberian Partners and Coca-Cola Erfrischungsgetranke AG, which continued for almost a year, are in the final stage. According to the...

Samy Kamkar, a security researcher, has exposed a vulnerability in GM’s OnStar equipped vehicle, which although GM was quick to patch, but, as per Kamkar, the patch did not work, and the fault remains. It would seem that General Motors is just not able to fix software bugs related to its new age cars. Just last week, Chrysler had recalled 1.4 million vehicles after security researchers exposed...

In spite of reaping bumper revenues, shareholders are unmoved by LinkedIn’s growth. LinkedIn Corp is the biggest social networking site for professionals. Driven by a strong growth in its business which serves recruiters, it has reported a much better-than-expected rise in its quarterly profits, which is as much as 33%.   However, its shares were down by 3.9%, during after-hour trading, as...

The number of active Twitter users for the II quarter 2015 increased by 8 million? Perhaps, but only on the basis of those who use the service through SMS. In reality, the increase amounted to only 2 million users. Shares of the social network have fallen in price. Announcing the financial results for the II quarter of this year, microblogging network Twitter said that the number of active users...

In 2016 the document on the budget of the famous BBC is expires. The UK authorities have seriously thought about whether the company has the right to receive 3.7 billion pounds annually. BBC operates on the principle of public service broadcasting, and its monetization model was formed in 1922. Then it was decided to introduce an annual fee from each household using the radio. The company itself...

Self-driven, autonomous vehicles will increasingly become common occurrence. Daimler’s autonomous trucks are likely to hit the road as early as this year. As per Wolfgang Bernhard, a member of the executive Board of Directors of the German car manufacturer Daimler, you are likely to see self-driven trucks plying on the road as early as this year.   "We are positive that we will get...

Connected Cars can be remotely controlled. They are security risk. Do ensure that your cars computers are secure and patched. The affected models are: Cherokee SUVs, Jeep Grand Cherokee and Dodge Challenger sports coupes. Security researchers used Fiat Chysler’s telematics system to break into its command and control center to take over driving of the vehicle while a human was driving it and...

Yesterday, Google has stopped the sale of a number of applications in its online store Google Play over concerns about the fact that these applications are helping to cheat advertisers. More than 5 thousand of applications use hidden advertising, which is allegedly shown to users, when in fact they do not see it. Advertisers are losing about $ 850 million a year on this. According to the American...