Daily Management Review
Management

User Data Kept On Amazon's Servers, Which Were Exposed. Removed By Facebook

Following the discovery of millions of exposed records at the Amazon.com Inc’s cloud servers by cybersecurity firm UpGuard, Facebook has said that it has removed public databases containing its user data form Amazon’s cloud servers.    On Wednesday, the  Cyber Risk team of UpGuard...

Head of Maersk Energy Division to step down

Deputy CEO of A.P. Moller-Maersk and Head of the energy division of the company Claus V. Hemmingsen will step down his post and leave the company as part of the restructuring, Maersk said in a statement. "At the end of June 2019, Claus Hemmingsen will leave the post of Deputy General Director of AP...

Ghosn’s Arrest Allegedly Devised Nissan Executives To Kill Renault Merger

A number of executive of Nissan Motors did not want the merger of the Japanese automaker with its French counterpart Renault and had therefore planned to take measures to kill the possibility of the deal by taking steps against the former Chairman of Nissan Carlos Ghosn who had been consequently...

App Offering Advise On 'Recovery From Same-Sex Attraction' Removed By Google

Following a public outcry, Google has removed an application that gave suggestions to people on 'recovery from same-sex attraction' from its Play store.   Google was suspended from a list of gay and transgender rights ranking by a one of the United States' top LGBTQ charities because of the...

Strategic Partnership Over ‘Industry Cloud’ Binds Volkswagen & Amazon

Reports reveal that the German auto-makers and the U.S. retail giant have come together with a strategic agenda, details of which to follow. Volkswagen, the auto manufacturer of Germany have entered into an agreement with Amazon.com, whereby the duo is set to explore their “strategic partnership”...

Renault and Nissan In A Restructured Board Alliance

The auto manufacturers attempt to avoid power concentration. On Tuesday, March 12, 2019, Nissan Motor Co. of Japan along with Renault SA of France revealed their alliance in the light of a “new board structure” whereby the Chairman of Renault will also be serving as a director in Nissan.  ...

Rothschild To Manage Herta’s Sales For Nestle

The packaged food giant has got Herta on board to manage its packaged meat sale. Nestle, the giant of packaged food, has employed “bankers at Rothschild” for selling its “packaged meat” Herta, revealed “two sources” who are in the know of the development. The directive has come after an...

Nissan-Mitsubishi Joint Venture Companies Improperly Gave $9 Million To Ghosn

The Japanese auto makers Nissan Motor and Mitsubishi Motors said on Friday that a joint venture (JV) between the companies had improperly given Carlos Ghosn $9 million in compensation. This statement raised speculations of a fresh charge of embezzlement being brought against the their ousted...

Larry Ellison Joins Tesla’s Board

The step to take Ellison on board at Tesla has garnered mixed reactions. On Friday, 28 December 2018, Tesla Inc. made Larry Ellison, the co-founder of Oracle Corp, a board member of the company. Ellison is a shareholder of Tesla while being a “self-described close friend” of Elon Musk, the C.E.O of...

Mitsubishi dismisses Carlos Ghosn

The board of directors of the Japanese automaker Mitsubishi Motors Corp dismissed Carlos Ghosn from the post of chairman after his arrest and accusations of financial irregularities, according to Reuters. Osamu Masuko, CEO of the company, will become interim chairman of the board of directors....
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