The CEO of Xiaomi Lei Jun said that the Chinese company is more likely to be interfered by counterfeit copies of its products. According to the publication, the Chinese company Xiaomi, which was accused of imitating or even direct copying Apple for years, faced the same problem as Tim Cook’s...

A crowd sourced feedback mechanism in the lines TripAdvisor could very well streamline and revolutionize the working of aid agencies, TripAdvisor could potentially be act as a model for quick crowdsourced feedback which highlights the performance, ambiance and eco-friendliness of restaurants and...

The largest in the past decade transaction of Royal Dutch Shell concern to buy British BG Group due to low oil prices was carried in the oil and gas sector. According to the German edition of DW and expert on commodity market Eugene Weinberg, it can give impetus to a whole series of similar...

LinkedIn has signed a purchase agreement for $ 1.5 billion with online educational service Lynda.com, - as repoted in a statement published on the site of the world's largest professional social network. 52% of the transaction amount will be paid in cash and 48% with shares of LinkedIn. It is...

Ahead of the Canadian Annual Budget release, the government has decided to sell about $2.7 billion worth of share of General Motors Co. The shares being sold is the last remaining of the stakes taken up by the government to bail the company out following the global recession in 2009. Now the...

Google Inc aims to make calls made when roaming abroad cheaper. The software giant is in talks to finalize a deal with UK telecom operator Hutchison Whampoa to allow US citizens to use their phones without adding extra costs. The wholesale access agreement plan is one of the first of the steps...

A defense contracting company to Pentagon has unlawfully provided a contract as well as federal secret data to an Indian outsourcing company. One Source USA LLC, a defense contractor, is being tried at the U.S. Department of Justice for releasing data pertaining to U.S. military technology,...

The gap in salaries of top managers and employees of the banks on Wall Street significantly reduced. In the United States, the difference between the wage of financial companies’ managers and employees remarkably dropped down. Moreover, according to The Wall Street Journal, in the lower echelons,...

Diageo has entered into an agreement with South Africa-based United National Breweries to acquire an additional 50 per cent stake in the company and essentially turning it into a 100% owned subsidiary.   The world’s largest spirit maker took the reins of UNB with an initial payment of $22...