Companies & CEOs
Microsoft to Make Office Free for Small Devices - 03/30/2015
Microsoft aims to run free of cost on all small devices with screen 10.1 inch or lower. Microsoft has planned to make the essential viewing as well as editing features of Office free for small computers with screens 10.1 inches or less. This will bring Windows in line with its latest release for iOS and Android in which majority of the core features are free while for using some advanced features...
Zuckerberg Announces His Long Term Conglomeration Plans - 03/30/2015
Facebook is creating a platform with conglomeration of useful apps and free service facilities through Messenger which is designed to migrate into Instagram and Whatsapp, sometimes in the near future. It is the long term revenue plan of Zuckerberg. According to Forbes’ Staff- 27 March 2015- Parmy Olson writes that Facebook should not be mistaken as just another app, nor as one powerful “social...
British Airways customer information hacked - 03/29/2015
UK Aviation company British Airways has announced that hackers have accessed the frequent flier accounts of the company. Around tens of thousands of accounts have been affected. The company announced that though the accounts have been hacked, no personal information has been viewed or stolen and they have frozen those accounts for next two-three days. Until there is a resolution, the top...
ABN Amro executives accept salary cuts for IPO - 03/29/2015
Six major executives of Dutch banking company ABN Amro have announced that they would accept salary cuts amounting to 100,000 euros each after the huge paychecks proved detrimental to the bank’s IPO and future. The Dutch government has announced that it plans to sell off the bank now that the senior managers have agreed for the pay cut. The lawmakers in the country protested the bank’s IPO...
Humana Adds Another Two-Years Project To Reduce Further Its Greenhouse Gas Emissions - 03/27/2015
Humana Inc. is all set to implement the next two-years step in reducing further its greenhouse gas emissions. The said company is an exemplary one, in fulfilling its Corporate Social Responsibilities. Louisville, Kentucky- 19 March 2015- Many companies attended the event organised by White House in the presence of President Obama. Humana Inc., an American health care company, too was a part of it...
Samsung Catches up with Intel, but Reduces Wages - 03/27/2015
South Korea's Samsung Electronics is strengthening its position in the semiconductor industry. At this rate, the company can really get ahead of the leader of the sphere - US Intel, writes Business Korea citing analysts. At the same time, Samsung reduces advertising costs and salaries. It is reported that Samsung has managed to close the gap on the equity index from Intel to 3%. In the first...
Tim Cook to Give Away his Wealth - 03/27/2015
The Apple Company CEO, Tim Cook, is planning to give away his fortune to charity after he provides the education of his 10-year-old nephew, according to Reuters. According to Cook, he had already allocated money for charity, but in his plans, there is something more. The Apple CEO plans "do not just write checks", but to develop a systematic approach to this process. Cook’s net asset value,...
EA explains price range changes in FUT game - 03/27/2015
Game publisher Electronic Arts has sent a press release on its recent changes to the multiplayer economy in its top-selling game series, FIFA Ultimate Team (FUT). The company introduced FUT cards with different price ranges this month and provided a maximum and minimum price range for each card to be sold. The players of the game backlashed on the online media noting that this move has made...
Kraft Foods To Merge with Heinz - 03/26/2015
The deal between Kraft and Heinz creates the fifth largest food giant in the world. The two major food packaging companies, Kraft and Heinz are merging to form one of biggest food and beverages company worldwide. This deal was arranged by Warren Buffet and 3G Capital Partners. However, the companies have not yet revealed the amount of the deal. The merged entity will be named Kraft Heinz Co....
Japan’s Sluggish Economy - 03/26/2015
Japan’s economy, shaking at the edge of deflation is staggered by low domestic demand, an aging population, and rising inflation. Japan’s prime Minister, Shinzo Abe has been in highlights due to his implementation of strong and bold policies to deal with the nation’s economic difficulties. Japan’s sluggish growth in the fourth quarter 2014 was far below the expectations. This signals that the...
