Daily Management Review
Business & Finance

Apple announce weak forecast for its 4th quarter

In spite of tapping into the Chinese smartphone market, where it performed “spectacularly”, Apple’s performance did not meet analysts’ expectations and it saw share price drop by 7%. With Apple publishing its fourth-quarter results, trading in its shares took a southern turn as results did not meet...

Salli Mae Has Selected Its New Executive Vice President

The new executive-vice-president of Sallie Mae has been announced. Sallie Mae, a U.S. financial services corporation that is “publically traded”, broke the news of its new “executive vice president”. The company made an announcement stating that Charles P. Rocha will shortly assume the post of...

Big Names in Textile Chemical Ban by EU

Exporters of textiles and fabrics to Europe now would have to go through stricter norms to be able to continue with exporting. The existing ban on use of chemicals for textiles now include nonylphenol ethoxylates (NPE) after the member states of the EU voted in favor of extending the chemical ban....

Gold and Silver Gundman Robots up for Sale in Japan

The golden version of Gundam, one of the most iconic robots ever in Japan, would now be available for sale, provided one can shell out 20 million yen or $160,000. The value is as much for the 1000 grams of gold adoring the robot as the iconic status. This robot would be available at the "The Art...

Lockheed Martin Acquires Sikorsky

The largest US defense corporation Lockheed Martin has signed a definitive agreement with United Technologies to acquire helicopter holding Sikorsky Aircraft for $ 9 billion, Lockheed report says. Taking into account the tax benefits arising from the transaction, the sum would amount to 7.1 billion...

Accenture Hope to Become Cloud Computing Leaders in Europe Through Solium Acquisition

The hybrid cloud and mobility capabilities of Accenture would be enhanced after the company took over complete ownership of Solium. The acquisition would help establish Accenture’s clouding capabilities as number one in Europe. Solium, a Madrid-based technology company was co founded by Accenture...

Amazon Hits the Record of Orders per Second

Amazon’s user ordered on 398 products per second during the Prime Day, on which the online retailer held a sale in honor of his 20th birthday. This is stated in a press release on the results of the advertising campaign, which took place on July 15. The materials of the Amazon states that the...

Airlines Pays Hackers Millions of Miles of Free Fight for Hacking Their System

Hacking is not always a serious net crime but can also lead to thousands of free flying as two American youth recently found out.   Rewarding hackers has been a part of the IT industry that use the expertise of hackers to detect flaws in their IT systems. But this time an international...

USB Flash Version of Windows 10 to be Available on Amazon

While the latest version of the Windows 10 operating system version would be available in the market from July 29, the company has announced that the OS would be available on USB flash drives. Having Windows 10 on a flash drive is easier to carry around as well as to install instead of a DVD....

Pebbles Buyout to Enhance Facebook Oculus Experience

The $ 60 million acquisition of Pebbles, the Israel-based company, which has recently integrated its technology into the virtual-reality headset developed by Facebook’s Oculus VR, will help to keep Facebook’s cutting edge virtual reality technology out of the hands of competitors, say analysts....
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