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Debdutta Ghosh


Continuing Trend of M&As in Semiconductor Industry, ON Semiconductor Acquires Fairchild in $2.4 billion deal

In the latest deal in the rapidly consolidating semiconductor industry, ON Semiconductor Corp said it would buy Fairchild Semiconductor International Inc in a $2.4 billion deal. The news brought down
Published on November 18, 2015
By Debdutta Ghosh

Pre Dawn Police Raid Targeting Suspected Paris Attack Mastermind Thwarts Possible Terrorist Plot, 2 Dead

While seeking out possible suspects for last weekโ€™s attack in Paris, a woman suicide bomber blew herself up and another militant died on Wednesday during police raids in a Paris
Published on November 18, 2015
By Debdutta Ghosh

Canadian Government to be Dragged to Court Over Granting Permission to Genetically Modified Salmon

Alleging that the process of production of genetically modified salmon eggs would risk a โ€œhuge live experimentโ€ with the genetic makeup of all wild Atlantic salmon, a number of environmental
Published on November 17, 2015
By Debdutta Ghosh

With IS Hacking Threat Looming Large, Britain to Build Cyber Attack Forces

While admitting reports that militants wanted to launch deadly digital attacks., British security forces and spies are building elite cyber offensive forces to strike at Islamic State fighters, hackers and
Published on November 17, 2015
By Debdutta Ghosh

Australian Authority Rejects BP Proposal to Drill Exploration Wells in Great Australian Bight

Australiaโ€™s oil and gas regulator has rejected the proposal by Oil and Gas giant BP to drill in the Great Australian Bight. British Petroleum had wanted permission from the Australian
Published on November 17, 2015
By Debdutta Ghosh

Amidst a Flurry of Bad Retail Results, Wal-Mart Announces Better than Expected Results in 3rd Quarter

Wal-Mart shares went up by 2% as investors were pleased with the better than expected results for the third quarter of the current fiscal and posted more profits than anticipated
Published on November 17, 2015
By Debdutta Ghosh

Russia Admits Metrojet Flight Crashed Due to Bomb Planted Possibly by Isis

The crash of the Russian jet that crashed in the skies over Egypt killing 224 people on board was a victim of a bomb that was planted on it, said
Published on November 17, 2015
By Debdutta Ghosh

Drugmaker Mylan’s $26 billion Hostile Bid Snubbed by Perrigo Shareholders

Mylan NV’s $26 billion hostile bid was rejected by Perrigo Co Plc’s shareholders that ended the Netherlands-based generic drug maker’s seven-month pursuit of its smaller rival. This incident ensured a
Published on November 14, 2015
By Debdutta Ghosh

Russia Suspended from All Competitions by World Athletics Governing Body

An unprecedented step of suspending Russia from all competitions in the wake of revelations of state-sponsored doping was announced by the governing body of world athletics. The revelations had been
Published on November 14, 2015
By Debdutta Ghosh

Global Sea Levels Could Rise by a Meter if Two Collapsing Glaciers in Greenland Were to Melt Completely

Scientists claim that a major glacier in Greenland has begun to crumble into the North Atlantic Ocean. If the glacier melts completely, then there can be a rise in the
Published on November 14, 2015
By Debdutta Ghosh

ISIS Behind Paris Carnage: French President

France officially blamed the Islamic State of Iraq and Syria (ISIS) for the carnage in Paris o Friday night. This was announced by the French President Francois Hollande on Saturday
Published on November 14, 2015
By Debdutta Ghosh

JP Morgan Case Reveals Underworld of Hired Hackers Available on Rent

An unusual glimpse into the burgeoning industry of criminal hackers for hire emerged as U.S. prosecutors this week charged two Israelis and an American fugitive with raking in hundreds of
Published on November 14, 2015
By Debdutta Ghosh

Rockwell and Microsoft Develops New Technology to Allow Seamless Wireless Communication in Industrial Settings

Rockwell Automation Inc. of Milwaukee and Seattle software developer Microsoft Corp are together developing a new technology that would allow workers and managers to communicate seamlessly, whether on the factory
Published on November 13, 2015
By Debdutta Ghosh

Syngeta Rejects $42 Billion ChemChina Offer: Media Reports

A $42 Billion takeover offer by state-owned China National Chemical Corp has reportedly been rejected by the world’s largest agrichemicals company, Syngenta AG. This news has raised the shares of
Published on November 13, 2015
By Debdutta Ghosh

Eager to Enter Person-To-Person Pay Service Market, Apple Reportedly In Talks With Banks

Apple Inc. is striving to get in to the niche market of person-to-person transfer of money through their phones. According to people familiar with the matter, Apple is in discussions
Published on November 13, 2015
By Debdutta Ghosh

Suu Kyi Gets Majority in General Elections in Myanmar, World Leaders Laud the Victory

The political party of democracy champion Aung San Suu Kyi – National League for Democracy (NLD) has won a majority in Myanmar’s parliament. This was announced by the election commission
Published on November 13, 2015
By Debdutta Ghosh

There is a โ€œhigh degree of certaintyโ€ that Isis Militant โ€œJehadi Johnโ€ was Killed in US- British Airstrikes

British and American sources confirmed that there is a โ€œhigh degree of certaintyโ€ that the Islamic State extremist Mohammad Emwazi was killed in a joint airstrike by the British and
Published on November 13, 2015
By Debdutta Ghosh

Liberty Media, Liberty Interactive to be Restructured by John Malone

Taking help of tracking stocks and spinoffs, media mogul John Malone, known for striking complex deals and running companies with intricate structures, is restructuring two companies he controls. Spin-off of
Published on November 12, 2015
By Debdutta Ghosh

Despite China Slowdown Burberry Reports Surprise Rise in Profits

Helped by the company’s cost-cutting drive helped to offset a slowdown in Chinese spending, a surprise increase in first half profits was reported by Burberry. In the six months to
Published on November 12, 2015
By Debdutta Ghosh

US & France Openly Disagree on Binding Nature of Paris Climate Meet

Rebutting claims by the US secretary of state, John Kerry on Wednesday, the French foreign minister said on Thursday that any global climate change deal reached in Paris next month
Published on November 12, 2015
By Debdutta Ghosh

Technology Used by Child Abusers Used to Stop Online Child Abuse by US Fed

The US law enforcement officials are using the technology used by sexual predators against them to curb online child sexual offences. According to U.S. Immigration and Customs Enforcement, which is
Published on November 12, 2015
By Debdutta Ghosh

Ukraine Nearing Bankruptcy says Analysts as Fitch Downgrades Credit Rating to โ€˜Dโ€™

The credit rating for Ukraine was further reduced on Thursday by credit rating agency Fitch Ratings to D from Triple C. This credit rating essentially translates into the statement that
Published on November 12, 2015
By Debdutta Ghosh

Study Claims Bitcoin technology Could be Adopted by Banks by Q2 – 2016

Citing the adoption of bit coin technology for the capital markets as being a a matter of when, not if, a report claimed that the technology could come into practical
Published on November 11, 2015
By Debdutta Ghosh

Half of World’s New Power Plants in 2014 Based on Renewables: IEA

The International Energy Agency says that a transition of energy consumption habit is underway as renewable energy accounted for almost half of all new power plants in 2014. Green energy
Published on November 11, 2015
By Debdutta Ghosh

Another Record Singles Day Sale for Alibaba

Aibaba broke its earlier record of of $9.3 billion worth of transactions in a single day sale set last year by itself, as the company touched $10 billion on Wednesday
Published on November 11, 2015
By Debdutta Ghosh

1000 New Jobs in Ireland Announced by Apple as EU Tax Ruling Nears

1000 more jobs would be added by computer giant Apple at Cork as the company intends to expand its campus there. The new jobs would be added by the middle
Published on November 11, 2015
By Debdutta Ghosh

Possible $9 Billion Tax Bill Could Derail Dell-EMC Deal: Media

A tax bill amounting up to $9 billion would probably derailed Dell Inc’s $67 billion offer to buy data storage company EMC Corp. Citing sources familiar with the matter, technology
Published on November 11, 2015
By Debdutta Ghosh

New Technology for Big Data Era Created, Claims Chipmaker Micron

A brand new type of memory technology is claimed to have been developed that can offer the same memory speed and persistent storage found in chips located next to a
Published on November 10, 2015
By Debdutta Ghosh

As October Retail Sales Slump in the UK, Asda Pulls Out of Black Friday and Others May Follow

Despite the UK government the event of Black Friday introduced two years ago, UK retailer Asda has confirmed it will โ€œstep awayโ€ from taking part in the event. Analysts say
Published on November 10, 2015
By Debdutta Ghosh

A Study Claims that People with Heart Diseases are at Greater Risk Even at Moderate Air Pollution

In an alarming revelation of research, experts claims that even moderate levels of air pollution have now been linked to increased risk of heart attacks in people with heart disease.
Published on November 10, 2015
By Debdutta Ghosh

As Alibaba Chief Indicates no Compromise Policy, Luxury Brands Suing Alibaba say Mediation Looks Futile

After Alibaba founder Jack Ma was quoted in a magazine as saying he would rather lose the case than settle, luxury brands suing Chinese e-commerce behemoth Alibaba Group Holding Ltd
Published on November 10, 2015
By Debdutta Ghosh

$5.6 Billion Indian Railway Contract Won by France’s Alstom USโ€™s GE

French engineering company Alstom will supply 800 electric locomotives and set up a local manufacturing plant worth a total of $3 billion (200 billion rupees). This decision was taken at
Published on November 10, 2015
By Debdutta Ghosh

Crop Price Pressure Reason Behind Reported Talks of Deal Between DuPont, Syngenta

In an effort to setting up what would be the industry’s first big shake-up in at least a decade, some of the world’s largest agricultural companies are in talks to
Published on November 6, 2015
By Debdutta Ghosh

Robots to Transform Global Economy in next 20 years Says Bank Report

In the next 20 years, a โ€œrobot revolutionโ€ will transform the global economy says a recent report prepared by the investment bank – Bank of America & Merrill Lynch. The
Published on November 6, 2015
By Debdutta Ghosh

Chemical weapons used by Isis in Syria: Reuters

Islamic State or Isis terrorists used mustard gas was used in a Syrian town where the Islamic insurgents were battling another group, according to a report by an international watchdog
Published on November 6, 2015
By Debdutta Ghosh

Exxon Mobil Issued Subpoena over Climate Statements by New York Attorney General

Acting on allegations that Exxon Mobil had lied to the public about the risks of climate change or to investors about how such risks might hurt the oil business, the
Published on November 6, 2015
By Debdutta Ghosh

Argentine Wine Flavor Threatened by Climate Change

In the absence of measures to mitigate the impacts of global warming, climate change will also affect the flavors of our food as is being witnessed in crops that are
Published on November 6, 2015
By Debdutta Ghosh

Toyota Reports 8.9% Increase in Q3 Revenue; GM announces record China vehicle sales in October

Toyota Motor recorded a profit of ยฅ14.09 trillion, an increase of 8.9 percent during the six-month period ended September 30, 2015. The company sales dropped by 198,515 units compared to
Published on November 5, 2015
By Debdutta Ghosh

Currency Wars would be Refrained from by Members of the Pacific Trade-Deal

On a day that the transcripts and proceedings of the Trans-Pacific Partnership were made public, the US announced that the dozen countries that signed the Trans-Pacific Partnership have committed to
Published on November 5, 2015
By Debdutta Ghosh

Space Age Iris Scanning Technology in Aid of Syrian Refugees

There are huge surge Syrian Refugees in Jordan, a country that has a population about the size of New York City. United Nations reports suggest that of millions of Syrians
Published on November 5, 2015
By Debdutta Ghosh

Britainโ€™s Roads to be Filled with Futuristic Hydrogen Cars

British roads would now have the first f the mass produced hydrogen cars. These cars have been billed for more than a decade as a clean alternative to petrol and
Published on November 5, 2015
By Debdutta Ghosh

US State Department Rejects Keystone Project Delay Request

The much hyped Keystone project is probably going to be rejected by US President Barack Obama and his administration following the formal denial by the US of the a request
Published on November 5, 2015
By Debdutta Ghosh

$1 Million Bounty Given for โ€˜Jailbreakingโ€™ iOS 9.1 in Apple Phones

One million dollars has been reportedly paid to an un-named team of researchers for their method to โ€œjailbreakโ€ the latest version of Appleโ€™s mobile operating system, iOS 9.1 says computer
Published on November 4, 2015
By Debdutta Ghosh

Reading the Mind of the Viewers is the Latest Aim of Labs Started by TV Networks

With the aim of understanding what shows and commercials people like to watch, TV networks are trying a new tactic: read the minds of the viewers. Two of the top
Published on November 4, 2015
By Debdutta Ghosh

Mystery Death of Half of Worldโ€™s Rare Antelope Population within Weeks

In a phenomenon that scientists are unable to explain, more than half of the worldโ€™s population of an endangered antelope died within two weeks earlier this year. More than 19,000
Published on November 4, 2015
By Debdutta Ghosh

Google Refutes EU Antitrust Charges calling them โ€˜Inappropriateโ€™

Alleging that the antitrust case that was going on against it by the EU as of unusual nature and as it had wanted to settle the case with concessions last
Published on November 4, 2015
By Debdutta Ghosh

Bank of America to Sell its $87 Billion Money-Market Fund Business to Black Rock

In one of the cash-management industry’s largest deals ever the Bank of America Corp, the No. 2 U.S. bank, has agreed to sell its $87 billion money-market fund business to
Published on November 4, 2015
By Debdutta Ghosh

An Island near Miami, US, Where Every Resident is a Millionaire

Fisher Island, an oasis of tropical landscaping and Mediterranean architecture just 3 miles from the shores of Miami is a largely unknown even to those living in the metro area
Published on November 3, 2015
By Debdutta Ghosh

Mind Controlled Tablet Technology Tested Successfully, Could Help People with Paralysis Communicate

Bringing scientists one step closer to helping people who are completely paralyzed engage with the outside world, a California woman with a chip implanted in her brain has successfully browsed
Published on November 3, 2015
By Debdutta Ghosh

Visa to Buy Visa Europe for $ 23.3 Billion

With the aim to cut costs over the long term and raise fees in the second-biggest card market, Visa Inc that it would buy former subsidiary Visa Europe Ltd for
Published on November 3, 2015
By Debdutta Ghosh
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