Daily Management Review
Business & Finance

With Home and Allo, Google Doubles Down on Artificial Intelligence

Doubling down on artificial intelligence and machine learning as the keys to its future, Alphabet's Google Inc unveiled its answer to Amazon's Alexa virtual assistant along with new messaging and virtual reality products. The unveiling was done at Google’s annual I/O developer conference.  ...

Chinese corporations are buying up niobium producers

Chinese group China Molybdenum bought a niobium producing business of one of the oldest mining firm Anglo American. Analysts believe the demand for niobium is associated with the metal’s exceptional value for steelmaking. The largest in mainland China manufacturer of molybdenum China Molybdenum Co....

Can virtual reality translate into real profits?

Real profits from virtual reality are being expected by a growing number of U.S. companies.   Virtual reality that so far has mostly been found in video games, is being incorporated by companies ranging from snowmobile manufacturers to furniture sellers simply because growth is hard to come...

Twitter wants users to publish more media content

Twitter plans to exclude links and photos from the limit of 140 characters. The innovation could be announced in the coming weeks. This decision should encourage users to publish more multimedia content. Twitter is going to exclude links and photos from the 140 characters, which limit tweets’ size....

Nokia's fail story: the mobile brand buried by Microsoft

Microsoft may terminate release of Nokia phones and sell the brand to the Taiwanese company Foxconn. This reported Phonearena citing a source familiar with the situation. The possible transaction’s amount was not specified. Recall, that in 2014, Nokia had been forced to sell its mobile phone...

Slow Sales New Challenge for Boeing's 787 Dreamliner

After having faced challenges since its early days with production delays to batteries that smoked and burned, Boeing Co's high-tech 787 Dreamliner is now facing a challenge of slowing sale.   The troubles for the Dreamliner resulted in the grounding of the worldwide fleet for months in...

U.S. IPO may be Considered by Uber China Rival Didi as Early as 2017: Bloomberg

If media reports are to be believed, it might not be loon before Apple Inc. is able to reap the benefits of investing $1 billion in Chinese car-hailing service Didi Chuxing.   According to Bloomberg, Didi is targeting an initial public offering in New York next year. Quoting sources, the...

Second Bank Faces Malware Attack while BAE Claims Bangladesh Bank heist similar to Sony Hack

While global financial network SWIFT disclosed a previously unreported attack on a commercial bank, the hack at Sony Corp's film studio in 2014 was connected to the cyber heist of $81 million from the Bangladesh central bank by investigators probing it.   Cyber-security firm BAE Systems said...

London is a snug place for super rich

London hosts more billionaires than any other city in the world, says a new study of Wealth Insight. The capital of the UK is a haven for 4400 super-riches, the net assets of whom amounted to $ 30 million or more, indicate Wealth Insight data for 2015. This is by 0.8% more compared to the previous...

Low-cost SUVs to be made by Hyundai to Battle Chinese Rivals: Reuters

News Agency Reuters reports that from next year, three low-cost sport utility vehicles (SUVs) would be launched in China by Hyundai Motor and affiliate Kia Motors. China is the largest market for them.   Deviating from their strategy of appealing to price-conscious Chinese buyers with older...
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