Global IT giants Facebook and Google are being given tough competition in claiming mobile advertising from a very unlikely source – a small Indian startup.   Since its very recent inception, mobile advertising has been one of the fastest growing new industries and in this field today,...

Holding a top bank responsible for running the risk of laundering money or financing terrorism by conducting the deal for politically sensitive people, a £72m penalty was slapped on Barclays for an “elephant deal” that it had executed three years ago.   Deals that are worth £20m or more...

The UK is desperate to join the club of elite countries that produce either natural gas from shale formations or crude oil from tight formations at an international level. Only four countries – US, Canada, Argentina and China are members of this club.   And the UK government has pledged its...

In what is being termed as “more or less” confirmed reports, Apple is said to have acquired Faceshift.   Faceshift is is a Zurich-based startup focused on creating technology that allows for capturing a person's facial expressions in real-time and using that data to create avatars and other...

According to StatCounter, a browser made by UCWeb company, subsidiary of the Chinese giant Alibaba Group, came in second place in the world for installation on mobile phones. Thus, the app has overtaken Apple's Safari browser. UC Browser’s share on mobile phones was 17.42% in the world in October...

Japanese Panasonic Corporation continues to develop one of the most unusual areas of its business. Since last week, "high-tech" salad and vegetables are available in supermarkets, restaurants and resorts in Singapore. The products were grown on environmentally friendly "vegetable factory" built in...

Identifying the deal as an attempt to avoid legitimate taxes, politicians in the US have come down heavily on the $160 billion deal between drugs giant Pfizer's and botox-maker Allergan.   According to the conditions of the buyout by Pfizer, it has been proposed that the merged company will...

A major restructuring program is on the cards for British engineering company Rolls-Royce said its new chief executive Warren East.   The aero-engine maker was already under pressure to outline how it would return to growth after four profit warnings in just over a year. The company is now...

Funds affiliated with CVC Capital Partners and Canada Pension Plan Investment Board have entered into a definitive agreement to jointly acquire the Company from a group of investors led by TPG and Leonard Green & Partners, announced Petco Animal Supplies, Inc on Monday.   The deal of...