September 25, 2014 12:23 pm
GlaxoSmithKline Plc revealed in an official statement today that it will appoint Mr. Philip Hampton as next chairman to succeed Christopher Gent at a time when the company is trying to deal with downbeat sales in the U.S. and a bribery fine in China. Mr. Philip Hampton, currently chairman of Royal Bank of Scotland Plc, […]
Read moreSeptember 25, 2014 10:07 am
The biggest postal service in Europe – Deutsche Post AG will start delivering medicine and other urgent goods to a German island located in the North Sea using unmanned helicopters. The service marks the first routine drone delivery to customers and comes at a time when global companies such as Amazon.com Inc. and Google Inc. […]
Read moreSeptember 25, 2014 9:06 am
BlackBerry officially presented its square-screen Passport phone at events all over the world in a push by Chief Executive Officer Mr. John Chen to attract business users. The Canadian companys new Passport phone is the first new major product launched worldwide since Mr. Chen took over the position of Chief Executive Officer in November 2013. […]
Read moreSeptember 25, 2014 7:52 am
Apple Inc. withdrew its latest update for the iOS operating system as the new software was reported to have caused problems that resulted in some customers losing cellular service. According to some users, the fingerprint reading Touch ID feature was also not working properly after the software update. The U.S.-based tech giant apologized for the […]
Read moreSeptember 24, 2014 3:00 pm
Samsung Electronics Co. will start selling its Galaxy Note 4 smartphone in China by the end of September, sooner than initially planned, amid persisting concerns over the companys declining earnings. The step will provide the company with a head start on Apple and its new iPhone 6 and iPhone 6 Plus models, which are currently […]
Read moreSeptember 24, 2014 2:10 pm
The mysterious next-gen MMO project Titan, developed by Blizzard for seven years, had been canceled, the companys CEO said in an interview for Polygon, souring some of the hype as fans look to BlizzCon in November. The game had never been announced in the first place, though it was acknowledged by Blizzard and quite discussed […]
Read moreSeptember 24, 2014 1:53 pm
The Chief Executive Officer of U.K.-based Vodafone Group Plc – Mr. Jeroen Hoencamp revealed that his main goal is to return the company back to growth in the next two years. The company, which is the largest mobile phone carrier outside of Asia, will battle a long-term decline with growth in both sales and profits […]
Read moreSeptember 24, 2014 12:38 pm
According to a report by Crittercism Inc., the latest software update of Apple Inc. for its iPhone and iPad units is causing some popular applications to crash more frequently than usual, among other glitches. Crittercisms Chief Executive Officer Mr. Andrew Levy said for Bloomberg: “It just goes to show how hard it is to test […]
Read moreSeptember 24, 2014 11:05 am
Starbucks Corp., the biggest coffee-shop chain in the world, revealed that it had reached an agreement over the acquisition of the remaining 61% stake in its Japanese operations for $913.5 million. The acquisition will include purchasing a 40% stake from Sazaby League for $505 million and a 21% stake held by public investors for $408.5 […]
Read moreSeptember 24, 2014 8:49 am
According to people familiar with the situation, Actavis was approached for acquisition talks by Pfizer Inc in the US companys latest attempt to reduce its tax rate. The people close to the process, who asked not to be named, because the information is still private, shared that no formal negotiations between the two companies have […]
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