In October 2011, when Steve Jobs was gone, internet boiled up with analytics about the company’s immediate future. Most often it sounded like ‘This is the end’. Only lazy did not write and did not repeat a dumb phrases like: "In 2013, when all the ideas of Jobs end up, the company will be engaged in purely cosmetic innovations and fade" and "the Accountant" (that is, Tim Cook) will not be able to...

Nokia in talks with a consortium of German premium auto manufacturers for the sale of it’s HERE mapping business For those of us who had written-off Nokia’s map, would be surprised to find out that a consortium of Germany’s premium car manufacturers are finalizing a deal with Nokia wherein they will acquire it’s HERE map business for a cool 2.5-3 billion euros. Although the deal has not yet been...

Ever since the global economic crisis came about, cargo air traffic has been hit severely by a multitude of factors. However, with FedEx placing such a large order, it would seem that the economy is shaking and picking up once again. FedEx Corp, the world’s largest cargo company, plans on buying 50 Boeing 767-300 cargo airplanes over the span of 10 years. For Boeing, this is the biggest ever...

At the time of the announcement of its quarterly results, Qualcomm Corp is most likely to announce the laying-off of 10% of its workforce. As per the Information website, Qualcomm Inc is set to lay off several thousand employees from its payroll. More than 10% of its 30,000 strong workforce will supposedly receive the pink slip.   As per the Tech Website, Qualcomm will most probably...

American software giant Microsoft is preparing to acquire an Israeli developer of information security Adallom. The deal amounted to $ 320 million. According to anonymous sources familiar with the situation, Microsoft executives have already confirmed their intention to purchase Adallom. In case of successful completion of the transaction, it would be the fourth acquisition of Microsoft since the...

Although the aerospace industry is riding a wave of increased orders, a smooth functioning of the supply chain management is increasingly becoming critical for its operations, delivery and profitability. Adding to this burden is the phasing out of old models and replacing them with newer more fuel efficient ones. With the Paris air show underway, the movers and shakers of the world’s aerospace...

Alexis Tsipras has pulled off, what many thought, to be impossible: he has passed those necessary legislations as demanded by his creditors. He has saved Greece from the brink of bankruptcy. The ball is now on the Eurozone’s finance ministers who have now to keep their part of the deal. Alexis Tsipras, the Greek Prime Minister has done what most people thought would be impossible: the Greek...

Way back in April Toshiba had reported accounting malpractices. Thanks to these irregularities, the company is unable to finalize its books of accounts nor is it able to distribute any dividend. Half of its board is set to resign. As per sources familiar to the story at hand, Toshiba Corp has been accused of improper accounting to the tune of 300-400 billion yen which amounts to $2.4-3.2 billion....

Internet video subscription service Netflix has announced that the company will push for the acquisition of Time Warner Cable by Charter Communications Inc, if the latter provides free access to its customer details.   Netflix is planning to provide full-fledged support to the $55 billion ac        quisition plan according to the filing by the company to...