Companies & CEOs
Alibaba's Senior Accused of Bribe - 07/10/2015
Alibaba Pictures Executive Director is detained by Chinese police on corruption charges. Public Security Bureau put under arrest Patrick Liu Chunning, the vice president of Alibaba Group, and general manager of OSTV, Alibaba Group division. The Bureau accused him of taking bribes during his tenure in the investment holding company Tencent Holdings. Alibaba Group has a controlling stake in Alibaba...
The intake of Prozac and Paxil may lead to birth defects - 07/10/2015
As per a study the intake of Paxil and Prozac during the early stages of pregnancy may lead to possible birth defects in the baby. In a sweeping study conducted by the government on thousands of woman, has found that the use of older anti-depressants such as Paxil and Prozac can lead to birth defects. However, it has cleared other treatments of anti-depressants using Lexapro, Celexa and Pfizer’s...
Facebook to Launch its Own Music Streaming Service - 07/09/2015
Facebook plans to launch its own music streaming service that would compete with Apple Music, Spotify and others. It is reported by Music Ally, citing its own sources close to the company. The first step towards the creation of the service will be the development of monetizing music videos algorithm that are already played in the social network. For allocating royalties for the use of songs,...
Philippines Drags China to the Permanent Court of Arbitration - 07/08/2015
Vexed by China’s growing naval power which is stopping the Philippines from making use of resources which falls under its exclusive economic zone, Philippines has taken China to court. Of late, China has been muddying the waters of the South China Sea with its growing naval prowess. On its part, the Philippines has promptly dragged it to the International Court in Hague, arguing the International...
Western Union Returns to Greece - 07/07/2015
The international company Western Union has resumed the transfer of funds to Greece, allowing customers in the country to receive transfers from abroad, reports Reuters. It is noted that customers in 31 countries will be able to use the service Western Union to transfer money to Greece. The company said that all the money transferred to Greece will be credited to customer accounts, but the...
MasterCard Shows Payments by Selfie - 07/03/2015
This fall, MasterCard will begin testing a new system that will allow making purchases on the Internet with the help of selfies. The software facial recognition has been called ID Check. It was created by MasterCard, in partnership with Google, Apple and Samsung. The first test will involve 500 cardholders. To use the service, users will need to install a special application, with help of which...
Instagram Has 38 Percent of Bots and Inactive Users - 07/02/2015
Researchers from Italy found that eight percent of registered Instagram accounts are created for spamming, and 30 percent of users of social networks are active only once a month. Such a data, as noted, can be a hindrance when renewing contracts between advertisers (the companies that provide services and selling goods) and trade platforms (the social network’s popular bloggers). Reporting the...
Layoff at BBC - 07/02/2015
British Broadcasting Corporation BBC is going to cut more than 1,000 employees due to lack of funding. This was reported by the broadcaster. BBC stated that the gap between television fees and expenses of the corporation is 150 million pounds per year. It was formed due to the fact that a growing number of households in the United Kingdom refuse television and, accordingly, do not pay the fee....
Zuckerberg Looks Forward to Thoughts Teleportation - 07/01/2015
Facebook founder Mark Zuckerberg believes that a technology transferring full thoughts from person to person eventually has to be invented. He expressed this opinion, answering questions on 30 June. - You would be able to think about anything and instantly share these thoughts, if you wish, - he suggested. According to him, this will be the most advanced stage of development of communication...
Movimento Introduces OTA Updates for Every Car Modules - 06/30/2015
Movimento has come up with OTA platform in vehicle software that promises to make driving a much simpler experience. The introduction of the new Movimento OTA Platform, with software updates with ease of access and availability, is being considered the next step in vehicle automation. With the dawn of new age, the needs for technologies that make life easier are on the rise. Automated service is...
