Daily Management Review
Business & Finance

VW Diesel Emissions Settlement Deadline Extended by US Judge

Volkswagen AG, U.S. government regulators and owners of nearly 500,000 2.0 liter vehicles have been given time till June 28 by a U.S. judge to arrive at a final diesel emissions settlement between them.   In addition to a fund to promote green automotive technology and an environmental...

Twitter invested $ 70 million in "YouTube for music"

Twitter has acquired a stake in music service SoundCloud. This was announced by Recode, citing sources familiar with details of the transaction. SoundCloud is going to attract about $ 100 million in the new round of funding. Of these, $ 70 million will come from Twitter. SoundCloud’s business on...

A Rapid 14 Year Growth of LinkedIn Led to the $26.2bn Microsoft Deal

From a brainwave in a tech entrepreneur’s living room to a $26.2 billion takeover target, LinkedIn’s journey took only 14 years to attain the stage where it is now.   The idea for LinkedIn was hatched from the apartment of Reid Hoffman, 48, in December 2002. This was a short time after the...

Gawker Media to go up for Sale as it Files for Bankruptcy

After a $140 million court judgment against it in a lawsuit brought by former professional wrestler Hulk Hogan over a sex tape, Gawker Media LLC, an online publishing pioneer, filed for Chapter 11 bankruptcy and put itself up for sale.   There were revelations that billionaire investor Peter...

Symantec to buy Blue Coat for $ 4.65 billion

Symantec, Blue Coat companies agreed to merge, which would cost $ 4.65 billion to the developer of software for personal computers. Once the deal is done, Symantec will get not only portfolio of the world leader in web-security market products, but also a new CEO, that is, Greg Clark, now head of...

‘A Very Important Strategic Alliance For Inmarsat’

Global Xpress service to blossom in the partnership between Inmarsat and SpeedCast. SpeedCast International and Inmarsat have entered into a “partnership”. The former specialises in “maritime broadband”. Both the company will jointly venture in rolling out the new “Global Xpress (GX) service” which...

$62 Billion Monsanto Bid by Bayer Drawn by Former’s Weather-Predicting Tech

The ability of Monsanto, which has become a leading provider of analytics used by growers, to provide and offer the growth in digitally assisted farming was the key reason that German chemical company Bayer made the $62 billion bid for the US seed giant.    Monsanto is at the “forefront...

Errant Tech Unit to be Overseen by Auditor at Mitsubishi Motors say Sources: Reuters

Blamed for at least three high-profile cheating scandals, Japanese automaker Mitsubishi Motors plans to bring in an outside auditor to monitor its technology division, reports Reuters quoting two people familiar with the thinking of the company's leadership.   A third-party auditor would...

UEFA Euro 2016: Adidas vs Nike

UEFA Euro 2016 starts tomorrow in France. Traditionally, the championship will also become a battleground for two largest sports brands - Nike and Adidas. Strategies of the both competitors involve full use of advertising and sponsorship potential for Euro-2016. Repucom marketing research agency in...

Yahoo is selling patents for $ 1 billion

Yahoo Inc. put up for sale a portfolio of about 3 thousand patents, including a patent for the original search technology Yahoo. The company expects to get over $ 1 billion from the sale of intellectual property. US Internet company Yahoo Inc. put up for sale a patent portfolio, the value of which...
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