Daily Management Review
Business & Finance

Credit Agricole To Pay $ 800 Million for Iran and Sudan

This week it can be officially announced that the leading European bank, French Credit Agricole, will pay US authorities $ 787 million fine for violating the sanctions against Iran and Sudan. It is reported that the bank transferred funds to these countries in violation of US sanctions. Today it...

Cloud Storage To Grow As A Service Market In The U.S., Informs Technavio’s Report

The latest report published by Technavio informs that the cloud storage system in the US is expected to grow as a market service. As per a new report consisting of information about “the storage as a service (STaaS) market in the US” that was published by Technavio, there is an expected growth of...

Konica Minolta Introduced An Innovative Textile Centre Of ‘€5 Million’

Offering a richer experience to the customers, the Konica Minolta Inc. launches live printing monitor system through an innovative textile centre at Como. The heart of European “textile printing operations” sees the opening of a new “textile innovation centre” at Como. The said centre is situated...

Hybrid And Electric Transports Will Be Safer With Toshiba’s IC And MCU Mass Productions

Toshiba will be manufacturing a better monitoring regulator system for the electric and hybrid transports. The “Semiconductor & Storage Products Company” of Toshiba Corporation to start mass production of "TB9042FTG", announced the company. The latter is a regulator IC system that comes with...

Alibaba Offers $5.2 Billion for All Shares of 'China's YouTube'

Alibaba Group Holding Ltd has offered to buy off all the shares of Chinese video streaming company Youku Tudou Inc that Alibaba does not already own. Reports said that Alibaba has offered a deal of at about $5.2 billion for the shares of the company that is known as "China's YouTube". This...

US Appeals Court Grants Legitimate Status to Google Book Scanning Project

Rejecting claims from a group of authors that the book scanning project illegally deprives them of revenue, a U.S. appeals court ruled on Friday that Google's massive effort to scan millions of books for an online library does not violate copyright law.   Infringement claims from the Authors...

Netflix Blames Transition Chip for its Underperformance in Third Quarter

The fall in the number of US subscribers for the video-streaming service provider Netflix Inc is blamed on a transition to chip-based cards.   The company reported lower subscriber in the third quarter which was well below its forecast.   Netflix is known for its original shows such...

Yahoo Does Away with its E-mail Password for Android and iOS Phones

From Thursday users of Yahoo Mail app on both iOS and Android will not have to key in passwords as the new service called Yahoo Account Key will use smartphones to verify identities in lieu of traditional passwords.   This is Yahoo's next step in password security and that is to eliminate...

Tesla Launches Model S Autopilot Car Though Not Completely “Hands Free” Yet,

Model S autopilot car from Tesla Motors would now be able to steer and park themselves under certain conditions. However the car maker advised drivers not to let their hands off the steering wheel.   The new Model S autopilot car from Tesla was unveiled on Thursday.   Tesla said that...

More Pharma Companies Expected To Settle Foreign Bribery Cases

A number of top pharma companies are being investigated for of the US Foreign Corrupt Practices Act (FCPA) – some for the second time.   The list includes names like GlaxoSmithKline, Teva Pharmaceutical Industries Ltd., Sanofi, AstraZeneca, UCB, Novartis, Novo Nordisk, Eli Lilly.  ...
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