Articles by R. Ghosh

Hyundai plans to capture Southeast Asian market with new plant in Indonesia; to roll out small SUVs

The company will invest $1.55 billion in the plant from now till the end of 2030 and aims to produce 150,000 units annually.

Nov 27, 2019

Amazon to roll out medication management features for Alexa users; tries to expand footprint in the healthcare industry

The e-commerce giant has partnered with Giant Eagle and will initially roll out the feature for all Alexa users in 200 locations.

Nov 27, 2019

Amazon prime

Ebay to sell StubHub to rival Viagogo for $4.05 billion; ticket marketplace goes back to where it belonged

Viagogo sold StubHub to Ebay for $310 million in 2007, seven years after it was launched by Viagogo CEO Eric Baker.

Nov 26, 2019

Amazon prime

Data breach: Facebook, Twitter warn users that some Android apps may have used their logins to steal personal data

The two apps in question are Giant Square and Photofy. A software development kit, One Audience, allowed third-party developers to get access to personal information of hundreds of users.

Nov 26, 2019

Facebook

Amazon to open pop-up store in China; changes gameplan to capture more market share

In a bid to compete with e-commerce players in China, Amazon will open a pop-up that will remain open till the end of the year and will offer around 1,000 foreign products to Chinese customers.

Nov 26, 2019

Amazon prime

LMVH to acquire iconic Tiffany's for $16.6 billion; to expand its luxury jewellery segment

The deal is by far the largest ever in the luxury sector and will aid LMVH in expanding it footprint in the luxury jewellery market in the United States.

Nov 26, 2019

Novartis nearing deal to acquire The Medicines Company for $7 billion; tries to rebuild portfolio of heart-failure drugs

The Swiss pharmaceutical giant will try to add muscle to its all-important heart-failure treatment drugs category with the acquisition of the New Jersey-based company.

Nov 25, 2019

HMD Global announces launch of new Nokia smartphone on Dec 5, exactly a year after the launch of Nokia 8.1

Industry is speculating that the new smartphone is likely to be Nokia 8.2, although chances of an improved version of 2.3 too cannot be ruled out.

Nov 25, 2019

Holiday season travel to hit record high; air traffic to be busiest on Thanksgiving Day since 2000

Airline companies will benefit the most, with more than 4.45 million Americans expected to fly during the Thanksgiving holiday.

Nov 24, 2019

Russia to ban sale of gadgets without pre-installed Russian software; foreign tech companies to feel the heat

Although sale of smartphones, smart TVs and computers made in other countries won't be disallowed, the move might make many companies quit the Russia market.

Nov 24, 2019

U.S. regulators vote 5-0 to rule Huawei, ZTE national security threat; American tech companies to face the heat

A new set of restrictions will come to effect that will bar American carriers from using federal subsidies to buy products from Chinese companies that will be on the new blacklist.

Nov 23, 2019

Airbnb COO Belinda Johnson to step down, as company struggles to fight regulatory disputes

Johnson, who served as the COO since 2011, has time and again steered the company through regulatory disputes.

Nov 23, 2019

McDonald's workers sue company for failing to protect workplace violence

After repeated complaints, 17 McDonald's employees in Chicago filed a lawsuit alleging that the company's renovated stores made them more vulnerable to attacks from customers

Nov 22, 2019

WeWork starts layoff of thousands of employees globally, tries to bounce back after disastrous IPO

The long-awaited layoffs will see 2,400 of the office-sharing companies exiting, which almost 20% of its total workforce.

Nov 22, 2019

SpaceX loses first prototype as Starship rocket blows off top during ground test

Named Starship Mark-1, this was the first significant test of the vehicle's fuel tanks.

Nov 22, 2019

Spacex Elon musk

Amazon is redefining the retail game; plans to open more cashierless stores by early 2020

The e-commerce giant also has plans of licensing its Amazon Go technology to other retailers including its biggest rivals.

Nov 21, 2019

Amazon prime

Aston Martin joins the luxury SUV race; launches DBX at a whopping $190,000

The all-new SUV, which has a top speed of 181 miles per hour and reaches 0-62 miles per hour in just 4.5 seconds, is also the first vehicle from the luxury sports car maker to have five seats.

Nov 21, 2019

South African Airways on the verge of financial collapse, as unions threaten fresh strike

The cash-strapped airlines said that it needs a government guarantee to secure a bank funding or it might fail to give salaries next month.

Nov 21, 2019

Popeyes opens Shanghai outlet posing stiff challenge to KFC in China

The fast food chicken chain's arrival will become a potential threat to Yum China's KFC, which has 6,300 stores across 1,300 cities in China

Nov 20, 2019

Boeing faces Herculean task of redesigning thousands of 737 aircraft as NTSB tightens noose

The company has already delivered close to 7,000 Boeing 737NG aircraft to airline companies across the globe.

Nov 20, 2019

Prev 311 312 313 314 315 316 317 318 319