In order to lobby against any major changes to visa regulations that could hurt the country's $150 billion industry, Indian IT sector leaders will meet both U.S. lawmakers and officials from U.S. President Donald Trump's administration later this month.   While it is certain that the chief...

Artificial intelligence has once again demonstrated its power. Hedge funds based on algorithmic trading system are leaders of efficiency ratings. Top 20 hedge fund manager list, compiled by LCH investments (invests in other hedge funds and included in Edmund de Rothschild Group), features DE Shaw,...

When U.S. President Donald Trump meets with the CEOs of major U.S. companies at the White House on Friday he will likely face questions about his executive order restricting some travel to the United States.   Two officials were briefed about the meeting were quoted in the media as saying...

Shares of sportswear manufacturer Under Armour collapsed after the company published its fiscal report. The paper shows decrease in forecast on the main indicators. Under Armour’s shares fell more than 25%, to $ 21.49. The company said it expects fall in gross profit in the current year due to...

Internet campaign #deleteUber, which unfolded over the weekend, has yielded its first fruits. Mobile taxi service Uber began to actively lose customers, and for the first time its rival company Lyft outstripped Uber by number of downloads of its iPhone mobile app users. Such a sharp change in...

Homekit versus Alexa war continues to explore new solutions and technologies, while following different approaches, for securing a lead in the smart-home niche. Within a span of under a year, the “Echo speaker system” and the “Alexa voice-controlled digital” assistant’s combination introduced by...

In what can be considered a fresh headache for Toshiba Corp as it scrambles to offset a separate imminent multi-billion dollar writedown, the Japanese trust banks are preparing to sue the conglomerate over its 2015 accounting scandal.   On Friday the conglomerate said that in order to raise...

As U.S. companies turn their spending habits upside down to boost profits and to re-invest in their businesses, the number of such companies using a budgeting tool made famous in the 1970s by former U.S. President Jimmy Carter is surging.   Signals that a broader cross-section of U.S....

Companies see “tremendous potential for the application of blockchain”. Anna Irrera reports to Reuters that several companies including Bosch Ltd and Cisco Systems Inc have formed a consortium for working together to explore the ways to secure the usage of blockchain technology for improving IoT...