Daily Management Review
Business & Finance

Data Breach Incident Results In Facebook And Cambridge Analytica Being Sued In US By User

A legal suit has been filed in the U.S. against Facebook Inc. and the U.K. based data analytics and political consulting company Cambridge Analytica over allegations of misuse of personal data of over 50 million American users of Facebook during the U.S. presidential elections of 2016.  ...

The EU approves the Bayer-Monsanto deal worth $66 bln

German chemical concern Bayer AG overcame an important obstacle to the purchase of the American producer of seeds and agricultural chemical products Monsanto Co. for $ 66 billion. The European Union approved the deal after Bayer agreed to fulfill the necessary conditions for this, reports...

Chinese Companies Aim To Be The Largest Supplier Globally In Specialty Gases

It has been over a decade that China has been a top importer of specialty gas. But now China itself is set to become an exporter and to turn out as a producer than a consumer given the growing capacity that it has created for itself with respect to various specialty gases.   "China's...

Chinese HNA to sell real estate for $ 2.2 billion

Chinese HNA Group Co. plans to sell real estate, mostly hotels and office buildings throughout China, as the troubled conglomerate is trying to pay off its debts. This is reported by Bloomberg referring to sources familiar with the situation. According to the interlocutors of the agency, among the...

Philips Lighting will change its name to Signify

Philips Lighting will change its name to Signify. The new name underscores new opportunities for providing lighting. "Light today has become clever, it can integrate into systems, collect and transfer data and change the idea of the possibilities of light," - says Philips Lighting. Under the terms...

Fears of trade war with China crushed shares of Boeing

The main indices of the US stock market fell amid growing fears in the US of the response of the authorities of China to import duties of the Trump administration. Following the auction on the New York Stock Exchange on Wednesday, March 14, the Dow Jones and S&P 500 index fell by 1% and 0.6%...

Walmart Challenges Amazon By Initiating A Vast Home Delivery Program In The U.S.

Walmart is now focusing on home deliveries in a direct challenge to Amazon,com in the U.S.   The largest retailer of the world would make available delivery of groceries to the door step of people in 100 metro cities in the U.S. by the end of the year. This would be a new leaf for the...

Millions Of Indians Move To YouTube, Even As Fake News And Hoaxes Proliferate

While YouTube is taking measures to tackle the allegations of fake news in its markets in the developed world, it is failing to do so in one of its most prospective and booming markets – India,    There have been little opposition to fake news, hoaxes and other misleading videos that...

Trump blocks the Qualcomm-Broadcom deal

US President Donald Trump issued a decree blocking Broadcom Ltd’s hostile acquisition of Qualcomm Inc. The deal worth $ 117 billion was carefully analyzed for the threat to US national security, reports Bloomberg. Trump was advised by the Committee on Foreign Investment in the United States, which...

Goldman Sachs predicts collapse of Bitcoin

Head of the department of technological development of the investment bank Goldman Sachs Sheba Jafari informed the organization's clients that if the price of bitcoin cannot hold on at around $ 9,210 in a short time, then the probability of falling to $ 5,922 and lower at the February minimum will...
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