Earlier this year, Google announced that they would be acquiring Nest, the company behind smart home gadgets like the Nest Protect and the smart thermostat. The speculations were that Google has interest in other home related gadgets and a rumor from last month suggested that Google could be looking to acquire Dropcam. Well it turns out that the rumors were right because Nest (which we guess is … [Read more...]
Medtronic to Acquire Device Maker Covidien for $42.9 Billion
Medtronic, Inc. MDT -0.15% , a global leader in medical technology, services and solutions have agreed to buy Covidien. Covidien is a multinational which relocated its headquarters to Dublin's Hatch Street in 2009, employs 1,700 people in Galway, Tullamore, Athlone and Dublin and is the largest private industrial employer in the Midlands. The world's largest stand-alone medical device maker, … [Read more...]
Apple In CEO Tim Cook’s Era with iWatch post Steve Jobs
Tim Cook took over as Apple CEO from Steve Jobs almost three years ago, after the revered founder of the company died. Taking over had been tough for Cook, who was largely seen as the man behind-the-scenes, especially considering that Apple was founded and steered to glory by Jobs. With his revamp, Mr. Cook is putting his own stamp on Apple and its executive team. After taking over from Mr. … [Read more...]
Amazon To Enter The 3D Smartphone World on June 18 [Video]
As a latest advancement in the smartphone world, the world’s largest online retailer-cum-electronics company, Amazon is expected to introduce its first smartphone on Wednesday at an event in Seattle. The launch event will be hosted by the chief executive of Amazon, Jeff Bezos. Amazon tweeted a link to a semi-open invitation to the public to an event on June 18. The new 3D smartphone will … [Read more...]
Selected Industries (Energy, Healthcare) Receiving Best Pay Raises
During recovery, pay raise in few industries leads to raise in others. Workers became flexible to prefer a job with better pay options. The increase in pay went down due to the sub par recovery. Technology is being playing significant role too. Though it definitely has lifted the pay for people, yet workers in industries has been upended by the Internet, such as retailers left behind by … [Read more...]
Amazon’s Mayday button for Customers average response time 9.75 seconds
Amazon’s Mayday button was introduced last year to assist Amazon customers in using their Kindle Fire HDX tablets. Contacting support in real time on a tablet wasn’t an option back then but the Mayday feature enabled users to contact Amazon customer service representatives, 24 hours a day. Three-quarters of Kindle Fire HDX tablet owners are using the tech support button for IT support and other … [Read more...]
Oil Price surges as chaos in Iraq raises fears for supplies
In the north and east of Iraq, Sunni-led militants are tightening their grip on towns and arising concerns that their advance south could put the output of the region's second-biggest oil producer at risk. According to reports the biggest weekly gain this year of Brent crude was when it hit dollars 114.69 on Friday i.e. its highest level since last September. Dollars 30 to the price could be … [Read more...]
FCC Investigating Netflix-ISP Fight
It appears that the Federal Communications Commission has finally agreed to step in – at least in an investigative capacity into the battle that has raged on for quite some time now between Netflix and a handful of big name ISPs (Internet Service Providers). “The agency will be investigating the situation with the aim of protecting Internet consumers”, FCC Chairman Tom Wheeler explained in an … [Read more...]
After Worker Deaths Amazon Warehouses Under Scrutiny
Work hard. Have fun. Make history, the logo of Amazon.com only follows till work hard but working in the fulfillment centers of the company isn’t always fun. It can be physically gruesome and mentally tiring. The most recent incident which highlights the loopholes in the working condition of these fulfillment centers was reported by U.S. Department of Labour. Two cases of worker’s deaths at … [Read more...]
Opec Balance Threatened By Iraq’s Violence, oil prices up and stocks down
The mayhem in Iraq may upset the balance of the most stable oil market leading to disruption in the price held stable for the last four years. Chaos flare-up on Wednesday in Iraq as militant forces moved closer toward Baghdad after seizing two key cities. Brent crude, a benchmark for international oils rose as much as 2.8% to $113.02, its biggest gain since August. The fighting confined to … [Read more...]
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