Tag Archives: Hit

Five months after Disney’s $71.3 billion acquisition of key Fox assets was completed, there has been a new round of layoffs in Disney’s media distribution areas that include home entertainment and TV distribution, I have learned. I hear several dozen employees, just under 60, were affected, both on Fox and Disney side. I hear among the highest-ranked among those who are leaving are Greg Drebin, EVP ... Read More »

When FabHotels filed a complaint with the Delhi police and its cyber cell on 28 September alleging three people had spread rumours on social media platforms that the budget hotel chain was cash-strapped and failing to pay suppliers, it highlighted a pattern—of companies being hit by fake news. Fake news and unsubstantiated rumours on social media have caused significant damage ... Read More »

Staying up awake late in the night will make you feel much more than just being groggy in the morning. According to a study, if you are a “night owl”, or like to stay up late and have trouble dragging yourself out of bed in the morning, you are at a higher risk of dying sooner than morning “larks,” people ... Read More »

Google parent Alphabet on Monday saw shares slide as the market reacted to a massive fine by the European Commission and word that success in mobile, cloud and YouTube is coming with higher costs. Alphabet reported a quarterly profit of $3.5 billion (roughly Rs. 22,532 crores), in a sharp decline from a year ago, with a $2.74 billion antitrust fine in Europe biting into earnings. The technology giant reported ... Read More »

Dublin-based trade body seeks to protect Irish exporters after Brexit. Photograph: Marco Cristofori/Getty Images Irish business leaders have called for a €1bn state aid programme to guard against Brexit disruption, in the event that the UK quits the customs union. The Irish Business and Employers Confederation wants the EU to cushion Irish exporters caught up in the chaos this would ... Read More »

Dearly beloved, we are gathered here today to binge-watch some Prince videos. Music superstar Prince may have fought hard during his life to keep his music off of online outlets, but 15 months after his death, his estate is embracing them. A half-dozen of His Royal Purpleness’s greatest hits appeared on a YouTube channel bearing his name over the weekend. Among the ... Read More »

Priyanka heads to the beaches of Goa for the launch of a new phone by Motorola, the Moto Z2 Play. Rahul gets us some more scoops from Computex 2017 in Taipei, and this time it’s VR, overclocking, and new display technology. Samsung announces two new phones the Galaxy J7 Max and Galaxy J7 Pro. Sugandha tells us all about the ... Read More »

In a new development, Apple has been slapped with a class action lawsuit in California for indulging in unethical practices to force people to shift to iOS 7. The company has been accused of breaking FaceTime on iOS 6 intentionally, to forcibly get users to move to iOS 7. This move is claimed to have many iPhone 4 and iPhone ... Read More »

The US Federal Trade Commission filed a lawsuit against Qualcomm Inc on Tuesday, accusing the company of using “anticompetitive” tactics to maintain its monopoly on a key semiconductor used in mobile phones. The FTC, which works with the Justice Department to enforce antitrust law, said that San Diego-based Qualcomm used its dominant position as a supplier of certain phone chips ... Read More »

Sharp drops in smartphone sales for China’s Xiaomi Inc will not have a major impact on the company as profit growth will be driven by sales from smart home devices as well as revenue from its software eco-system, a senior executive said. Xiaomi was valued at $46 billion (roughly Rs. 3,14,938 crores) in its last fund-raising in 2014 – making ... Read More »