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Walt Disney Studios To Move Cloud In Partnership With Microsoft

Some of the most important parts of its movie making and distribution process of the Walt Disney Studios will be moved to the cloud in partnership with Microsoft.   Disney’s StudioLab, and internal innovation incubation lab, will be heading this transformation that is supposed to take place...

London Stock Exchange Likely To Reject Merger Offer By Hong Kong: Reports

Amidst questions being raised about political risk and deal structure, the London Stock Exchange (LSE) is set to denounce the acquisition offer of £32bn made by the Hong Kong Stock Exchange, claimed reports quoting unnamed sources informed about the matter.   Investors at the LSE were...

Controlling Stake in Leading Japanese Fashion E-Retailer Zozo To Be Bought By Yahoo Japan For $3.7 Billion

Japan’s largest online fashion retailer Zozo Inc will be taken over by Yahoo Japan Corp in a deal worth 400 billion yen ($3.7 billion),, the later said. This move will help the online fashion retailer to make additions and innovations to its business in order to compete with the companies such as...

Its Huge Hong Kong IPO To Be Resurrected By The World’s Largest Brewer

The global brewing giant Anheuser-Busch InBev is set to revive its earlier announced and later stalled plans of launching of an initial public offering for its Asia business at the Hong Kong stock exchange. The company has resumed its application for the listing after it had stalled the process two...

Facebook Attempts To Stay Ahead Of Forthcoming Privacy Changes In iOS

A blog post detailing how the social media platform Facebook is dependent on location data of users and how new updates of iOS and Android software impacts access of the company to that information was published by the company on Monday.   "Facebook is better with location" read the Facebook...

Julien Balkany, an energy entrepreneur firmly based in London

At 38 years old, Julien Balkany has made a name for himself on the other side of the Atlantic. He has been managing the natural resources investment fund Nanes Balkany Partners that he co-founded a decade ago, concomitantly he is the chairman of the board of Norwegian oil and gas company Panoro...

Apple And Foxconn Admit Their Over Reliance On Chinese Temporary Workers

While admitting that they had employed much more temporary workers in China than required, tech giant Apple and its major supplier and manufacturer Foxconn refuted allegation by a non-profit monitor of worker rights that the companies had faulty people management strategies or polices in China....

Chinese Market Eyed By US’s Impossible Foods With Its Meat Alternatives

The Chinese market is being eyed by the United States based alternative meat producer Impossible Foods Inc. However its efforts could hit a roadblock because of regulatory hurdles.   According to Impossible Food founder and CEO Patrick Brown, the company is currently in negotiations with a...

TechCrunch Allegedly Gained Access To Data Of 400 Million Facebook Users

A database of Facebook that contained unprotected unique IDs and phone numbers of 419 million Facebook users was found by news outlet TechCrunch and this data was kept in a server that was easily accessible by anyone.   The data base has been taken down and the fault that allowed anyone to...

Uber Drivers Are Independent Contract Workers, Rules Top Brazilian Court

The United States ride hailing company Uber got a boost from the Brazilian Superior Court ruling in which the court ruled that the drivers who are associated with the company and provide their services are in fact only independent people are not employees of the company. This ruling can help the...

Google Settle Charges Of Illegal Sharing YouTube Kids Data In $170 Million Deal

Charges against Google’s YouTube that this video streaming service had illegally not only collected information and data about children but had also shared the same with third parties, without taking permission from the parents, will be settled by the United States based tech giant against a fine...

Major Global Shoemaker To Stop Using Brazilian Leather Over Amazon Fires

No leather from Brazil would be bought as long as the fire in the Amazon continues, announced a major US shoemaker.   This is the first major response from the corporate to the huge fires raging in the Amazon forests. According to the announcement by VF Corp, the company will stop all use of...
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