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Talks About Investment In Saudi Arabia Being Held By Apple And Amazon: Reuters

Crown Prince Mohammed bin Salman of Saudi Arabia has bene trying to transform the conservative society a high-tech look and for this purpose licensing discussions between Apple and Amazon with Riyadh on investing in the kingdom are ongoing, reported international news agency Reuters, citing two...

Weak iPhone X Demand Reports In Media Result In Drop In Share Of Apple And Its Suppliers

There have been suggestions made about the demand for iPhone X demand potentially going down lower than expected in the firsts quarter of this year in a report by Taiwan’s Economic Daily and according to comments from some analysts. This has resulted in the fall in the shares of a number of the...

$1 Billion Debt Deal Reached With Creditors By Dubai Sheikh's Buyout Firm

A loan of about $1 billion has been agreed to be rolled over by banks for Dubai International Capital LLC according to sources quoted in media reports.   The reports quoted people who requested not to be identified since the information is private saying that the private-equity firm has...

200% Stock Hike For Name Change Of $24 Million Iced Tea Company And Announcement Of Shifting To Blockchain

There was a jump of over 200 per cent in the shares of a little-known micro-cap company called Long Island Iced Tea Corp. (LTEA) after it announced the changing of its name to "Long Blockchain Corp." At eth end of trading the gains were at 183 percent.   It is "shifting its primary corporate...

Italian Oil Giant Completes Offshore Oil Project In Record Time, Could Be Disruptive For The Industry

Sceptics from both inside and outside of the Italian energy giant EniSpA were defied when the company oil started pumping oil form the Mediterranean’s largest gas field situated approximately 200 kilometers (168 miles) off the Egyptian coast.   The Italian company had said that it would...

Uber Classified As A Transport Service Company By EU Top Court, Stricter Transportation Laws Now Applicable

Following the identification Uber Technologies as a taxi company and not an IT company by the European Union’s top court, other similar online businesses in Europe are likely to be impacted. The court ruled that Uber should bee treated and regulated as any other taxi operator because it is a...

Apple To Benefit From Proposed Tax Rate Of Trump Reforms, But Foreign Patents' Tax A Likely Problem

The way for Apple Inc. to bring bac home about $252.3 billion foreign cash pile has been cleared by the U.S. Republican tax overhaul that was passed by Congress this week. the IT giant will not have to face any significant tax burden by returning of the cash back to the U.S. – which was the primary...

Tesla Gets Largest Pubic Pre-Order For Its Semi-Trucks From UPS For 125 Trucks

Tesla received the largest order for its all-electric semi-trucks from package delivery company United Parcel Service Inc which announced on Tuesday that it would purchase 125 Tesla semi-trucks. The package delivery company is sin the process of augmenting its fleet off delivery vehicles that run...

Global Coal Group To Be Left By B.H.P. Billiton As It Acknowledges Climate Change

After acknowledging that there is an increasing impetus towards climate change, one of the world’s largest coal companies announced that due to its environmental stances, it would ultimately opt out a major industry group.   The cropping up of differences in climate change and energy...

In great shape: European gift box leader Wonderbox designs emotion-intensive services


In just a dozen years, the French company Wonderbox has become the European market leader by providing customers a new way of consuming in their spare time. Since then, the gift box concept has been widely duplicated but seldom matched by newcomers, if at all. By the way, the job does not only require marketing skills. Gift box designing is a job that would no longer exist without a sense of financial and operational discipline. Fabrice Lepine, the CEO of Wonderbox, relates how his company remains at the top.

Former Uber Employee Details How The Company Impersonated Protestors, Surveilled Politicians And Hacked Rival Platforms

Reports of a secret unit within Uber have emerged that was used by the company to poach trade secrets of rivals and carry out surveillance on them, with the help of self-destructing message to fool the government regulators.   It was earlier this year that the allegations were made in a 37...

Helicopter Competition Among US Companies Started By German Military: Media Reports

The decision was taken in Germany and impact felt in the U.S. defense manufacturing sector.   Two of the largest manufacturers of weapons in the U.S. have got into tough competition with each other after Germany’s military announced plans to purchase 45 to 60 new heavy-lift helicopters for...
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