Daily Management Review
Business & Finance

China’s Ride Hailing Company Didi To Push Global Expansion Following $4 Billion Funding

The Chinese ride-hailing leader Didi Chuxing has reportedly managed to gather enough investments to put its plans for global expansion into force after a massive round of funding where it got another investment from SoftBank Group.   Funds worth more than $4 billion has been secured by the...

Failures of the year from the Silicon Valley

Many Silicon Valley companies have been subjected to numerous attacks from the authorities, the press and ordinary users in 2017. Let's figure out of what the largest companies were accused, and for what they really were to blame. Uber The year 2017 has become one of the most difficult in the...

2017 brought success to NVIDIA, and this is not the end

Any investor following the technology sector knows about NVIDIA Corporation. The manufacturer of predominantly graphic gaming processors has applied its developments in artificial intelligence (AI) systems, data centers and autonomous vehicles. The potential on each of these markets is huge, so the...

Donald Trump's tax reform will help luxury brands

According to analysts, luxury brands are winning from several circumstances, including the growth of world wealth, the rise of the stock market and tax reform in the US. Such support will be very helpful: to preserve the sales level, premium brands have already begun to offer discounts, despite the...

Roches’ Cancer Drug Portfolio To Be Increased By Purchase Of U.S. Cancer Drugmaker Ignyta For $1.7 Billion

The oncology portfolio of Swiss drug maker Roche would be enhanced after it completes its purchase of U.S. cancer drug specialist Ignyta Inc. The agreement of the deal which is worth $1.7 billion was announced by both the companies in a joint statement on Friday.   The companies said that...

25,004% Life Time Returns Announced By A 4 Year Old A Bitcoin Hedge Fund

Pantera Bitcoin Fund is one that has delivered unbelievable returns.   The fund is the first in the world that deals only in virtual currencies and there was astonishment when it released its returns via a letter sent to its investors. The rate of return for the fund throughout its life –...

Issue Of Collection Of Personal Data By Facebook Results In A Warning To The Company From German Cartel Office

In what is another potential face off for Facebook in Europe, the social media giant has been warned against collection of and transferring of data from third parties who are outside the network of the social network in an “abusive” manner by the competition authority of Germany.  ...

Strict Censorship Has To Be Followed By Facebook, Google To Access Chinese Internet Market: Chinese Official

Google and Facebook will need to function within the current cybersecurity rules that have been set up in China if the two IT companies desire to have access to the Chinese internet market which has about 751 million internet users.   This was revealed in a Reuters report which quoted the...

European Commission suspects IKEA in tax evasion

The European Commission announced the beginning of a tax audit of the IKEA subsidiary in the Netherlands for possible tax evasion. The reason for the investigation, as noted, was a suspicion of potentially infringing legislation in the judgments of the Dutch tax authorities against Inter IKEA...

Curbside Pickup Strategy Being Used By Kroger And Walmart To Attract Shoppers And Combat Amazon

Curbside pickup is a differentiation strategy that is being used by some veteran supermarket operators to give a fight to Amamzon.com in the U.S. which is seeking to use the home delivery strategy to topple the U.S. grocery market.   The drive through service for burgers and coffee has been...
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