Chris Lattner, creator of programming language Swift, decided to leave Apple after 12 years with the company. Lattner was the first to tell about it, and soon welcome letter for Chris was posted on the Tesla Motors’ website, which lured the famous programmer into its ranks. "We are very pleased to...

‘Impairment of intangible’ cost Stellar Diamond heavy loss, while it is gearing up to bag “transformational deal”. Followed by a “significant” increment in the “impairment of intangible” Stellar Diamond has crossed twice more its “full-year pre-tax loss”. However, it information that the company is...

According to experts, conquest of the American market will be one of the main challenges for Ulf Mark Schneider, new Head of Swiss company Nestlé. It is noted that Schneider, who was appointed CEO of the world’s largest manufacturer of food and beverage, will take up his office from 1 January 2017....

Shell sells 51% stake as the crude price tumbles down. Royal Dutch Shell is an oil giant which has reportedly completed selling out its fifty one percent stake “in its refining business” of Malaysia for a sum of “$66.3m”.   The company of FTSE 100 made the sale of its “interest” in the...

Chief Executive Officer of Coca-Cola Muhtar Kent resigns on May 1, 2017. He it will be replaced by James Quincey, who currently occupies position of President and Chief Operating Officer (COO) in Coca-Cola, said the company in a statement. Kent will keep his seat in the board of directors. Quincey...

Jay Y. Lee to supervise new “shareholder return plans” of Samsung. Reuters reports that Samsung Electronics Co Ltd will be disclosing its plans in an attempt enhance the “shareholder value on Tuesday”. The said move of Samsung prompted under the pressure from “U.S. fund Elliott Management”, which...

Founder of Facebook Mark Zuckerberg has won first place in the "Businessperson of the Year" by Fortune magazine. The list includes 50 people in total. "Mark Zuckerberg has built a company worth $ 375 billion, which brings a profit of $ 22 billion and has about 1.8 billion users - writes Fortune. -...

Facebook started testing of a new feature that will allow companies to publish a list of open positions, and to receive feedback directly on the social network. Thus, Mark Zuckerberg’s company is actually going to enter into an open confrontation with LinkedIn, which receives a large part of its...

Rabusch to say goodbye to Wells Fargo. According to Reports the president of Funds at Wells Fargo will be retiring soon. The president Karla Rabusch held the position at Well Fargo besides heading the Wells Fargo Funds Management. She began her journey at Wells Fargo back in the year of 1997....