The GE’s Software Center, the expertise of GE’s global IT and commercial software teams, and the industrial security strength of Wurldtech would be integrated by the creation of GE Digital, announcement for which was made by the company on Monday. This move is being seen as a transformative...

With high hopes that the record of sale of the 10 million units the previous versions of iPhone logged in their first weekend last year, Apple Inc announced on Monday that the advance orders of its new iPhones were on pace to beat the record. Analysts attribute the sale of 10 million iPhones in...

Credit Suisse Group AG will have to shell out more than $80 million in order to settle allegations about it not disclosing how it operated its dark pool private share trading exchange to clients, reports Bloomberg citing a person familiar with the matter. The news agency reported that the more...

In order to further improve its television and media solutions, which accounts for just over 7% of the company’s value and its revenue growth has been somewhat lacklustre over the past few years, Ericsson entered an agreement to buy video encoding company Envivio to further improve its...

Google begins to lose American partners that promote the company’s cloud solutions, since the latter are no longer benefiting financially. Some companies, which have been accompanying Google from the outset of clouds’ launch the market, now are leaving the developer for Microsoft. Anonymous sources...

With prices for the gemstone down as much as 29 percent since last year, it is perhaps time for a splash on some investment jewellery. As the Chinese stock market slump hit discretionary spending and jewellery demand in China driven by a clampdown on luxury gift-giving and a slowdown in the...

In a much hyped and talked about launch event, Apple unveiled the much rumored and speculated iPad Pro. Apple made this launch at a special press event in San Francisco on Wednesday. The iPad Pro is a larger version of the iPad and in the words of Apple CEO Tim Cook “it's the biggest news in iPad...

Dealing a setback blow to Yahoo Inc.’s tax-free plan to spin off some $23 billion worth of shares in Alibaba Group Holding Ltd, the federal government denied the internet company tax spinoffs. This could potentially jeopardizing one of Chief Executive Marissa Mayer's defining moves in her...

United Airlines announced the resignation of its CEO Jeff Smisek on Tuesday. One of the largest US carriers decided to change the head in connection with the federal anti-corruption investigation against the company, which was launched in February this year. Oscar Munoz has been appointed as the...