Daily Management Review
Business & Finance

Twitter gets 'Magic Pony'

Twitter has acquired Magic Pony Technology, a British start-up company specializing in machine learning technologies. Twitter bought another startup that is engaged in machine learning. In 2014, the company acquired Madbits, in 2015 - Whetlab, and British Magic Pony Technology is the third in a...

Debut of World’s Largest Plane by Paul Allen's Space Company Nears

By launching satellites into orbit from the world’s biggest airplane, a space launch company bankrolled by Microsoft Corp co-founder Paul Allen intends to compete with space entrepreneurs and industry stalwarts.   A first look at the nearly finished aircraft was given by last week to...

PwC: Three scenarios for central banks in 2020

Central banks are trying to keep up with the times, being dictated by complexity of activities at the rapidly developing market of financial services. To do this, the financial institutions are conducting researches and analysis of new and unstable market environment. In its new report " Central...

A $1.28 Million New Watch Made from Just One Piece of Transparent Sapphire

Transparency is no more the buzzword and the most desired attribute in politics only. The word has become a genuine trend in the world of luxury watches for a few years now.   For example, in what is described as the first time that the metal sapphire had been cut on such a scale, Hublot...

Miners Face Challenges Creating the World’s Biggest Robots

There are doubts within the global mining company - the Rio Tinto Group, about the delivery of the promises of returns that were once given by mining robots in the face of major rivals defer similar investments. The company has recently found out that creating the world’s largest moving robots to...

The New Business Mecca of Customization

While customization is no new concept in business, it is certainly the buzz word for most sectors today.

Strong Smith & Wesson Earnings Results in U.S. Gun Shares Extend Gains

Following the shootout at a gay nightclub in Florida in which 49 people were killed and amidst fears and apprehensions that the US government would soon enact stringent gun control regulations, shares of firearm makers surged after a strong quarterly report from Smith & Wesson Holding Corp...

Cheap oil is boosting sales of SUVs

Due to the fall in oil prices and, consequently, of gasoline around the world, sales of SUVs, light trucks and other vehicles that consume a lot of fuel are growing. It is expected that this year SUVs and light trucks will overtake almost a third of all cars sold in China. Sales of such cars are...

VW Diesel Emissions Settlement Deadline Extended by US Judge

Volkswagen AG, U.S. government regulators and owners of nearly 500,000 2.0 liter vehicles have been given time till June 28 by a U.S. judge to arrive at a final diesel emissions settlement between them.   In addition to a fund to promote green automotive technology and an environmental...

Twitter invested $ 70 million in "YouTube for music"

Twitter has acquired a stake in music service SoundCloud. This was announced by Recode, citing sources familiar with details of the transaction. SoundCloud is going to attract about $ 100 million in the new round of funding. Of these, $ 70 million will come from Twitter. SoundCloud’s business on...
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