Category: Top Stories
Musk Had The Last Laugh With SEC By Appointing His Close Friend As His Replacement
Tesla’s founder and outgoing CEO Elon Musk has managed to outmaneuver his long-time foe Securities and Exchange Commission by enabling appointment of Larry Ellison of Oracle and Kathleen Wilson to the board of Tesla. The appointments were made by Tesla to comply with SEC’s regulations that had asked for removal of Musk as CEO and…
Read MoreIndonesia, Malaysia Condemn EU’s Policy On Palm Oil
World’s largest producers of palm oil for use as transport fuel namely Indonesia and Malaysia are crying foul over decision of European Union to phase out its use and declaring retaliation threats for its policy of trade protectionism. The move by European Union to phase out palm oil use from transport industry has been forced…
Read MoreSurgery Center Negligence Generated Infection Risk For 3,778 Patients
CBS New York reported that an outpatient surgery center, the HealthPlus Surgery Center situated in Saddle Brook, New Jersey has been alerting thousands of its patients who were recently treated at their clinics. Around 3,778 patients are being advised by the center to go with blood tests after unhygienic conditions at the facility were uncovered…
Read MoreLarry Ellison, Oracle Co-founder Makes It To Tesla Board
Tesla welcomes new members aboard. This move promises to strengthen the current board, which was also committed by Elon Musk, the founder of the company to the SEC or Securities and Exchanges Commission. Larry Ellison, the co-founder and Chairman of Oracle, the Enterprise cloud software firm and Kathleen Wilson-Thompson, the Walgreens Boots Alliance executive were…
Read MoreDoctors Want Engineers To Understand Clinic Workflow Better Before Building App
Richard Zane who is an ER physician wished the help of software to help him deal with the patients. He is a Chief innovation officer at UCHealth in Colorado who realizes the gap between the worlds of doctors and engineers. He said that they are technologists who have not witnessed the inside work of a…
Read MoreCocoa Producers Of Venezuela Now Have A New Fear Of Pest Says The Government
Venezuelan cocoa merchant Freddy Galindo, during his 19 years of exporting the country’s legendary beans, faced street raids, family abductions, and deteriorating quality. This year’s harvest created a new concern: the involvement of the socialist government. He added that trucks full of grains leaving their warehouse in central Venezuela were halted by soldiers at checkpoints…
Read MoreAround 70,000 Crore Spent By Tata Group For Acquisitions
The Tata Group spent more than Rs 70,000 Crore in 2018 to partially honor and restructure its business, consolidating its cross-shareholdings, acquiring strategic assets and introducing the necessary capital. In a message to officials later this year, N Chandrasekaran, Tata Sons Chairman also warned that 2019 would bring a series of macroeconomic challenges. As the…
Read MoreFacebook Closed Political Discussion Feature Due To Bias Allegations
Facebook’s caution of seeming biased in opposition to conservatives might have ironically cost it an effort to eliminate that bias. The media sources claim that the social media giant cancelled “Common Ground,” a program that motivated more peaceful communication between people from all over the political realm, over fears that conservatives will blame the firm…
Read MoreChina Considering A Law To Restrain Forced Technology Transfers
Reportedly, China is considering a new rule on foreign investment that will focus on the illegality of forced technology transfers, the process of which has been the main complaint from Washington between the current tariffs spat between the two largest economies globally. Multiple regional outlets reported on the under debate law, and Chinese news agency…
Read MoreRetailers On Buying Spree As The US–China Trade War Ensues
Amy Magnus, the head of the National Customs Brokers & Forwarders Association of America, has been in the genre of trade for the past 40 years but has never experienced such an inventory by the retailers hoarding. In the United States, the warehouses are spread all over the country at a record quantity with every…
Read MoreBlackberry’s Focus On Software For Automated Cars Pays Off
After suffering quite a downfall in the smartphone market, Blackberry is now attempting to lead in autonomous vehicles software market and the world of cyber security. Compared to the stock of the rest of the market, Blackberry is nailing it by an increase of 2%. This has made the brand top the forecasts of Wall…
Read MoreOil Market Faces Oversupply Problems but Expects Correction
The oil market faces oversupply problems again which are impacting prices. Oil prices are not strong enough and see a weakness early this week on Monday. Brent crude was trading lower by 10 cents at $60.18, while WTI crude was trading at $51.15, which was a decrease of 5 cents. Though the OPEC countries along…
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