People

Key Speakers At The Robin Hood Veterans Summit

Steve Cohen's hedge fund investing in trading talent

Reeling under pressure, the hedge fund segment is facing talent crunch to render its services more qualitatively. Considering the need of the hour, billionaire Steve Cohen-owned hedge fund Point72 Asset Management is investing in grooming the talent pool. It's offering two programs to train young graduates.

Read Full Article
INDIA-ECONOMY-TAXATION

Suspected Pak hackers target Indian revenues website

The suspected Pakistani hackers have allegedly taken down the official website of Indian Revenue Service (IRS). The website of Income-Tax (I-T) Department, a part of IRS, was down on early Saturday (6 February) and the site is still offline.

Read Full Article
MAN SE Chairman Andreas Renschler Interview

Volkswagen's trucks division trucks mulls over IPO, expansion

Volkswagen's heavy truck division is exploring several options for enhancing business growth. The trucks division is studying initial public offer (IPO) plan and acquisition route to achieve higher growth rate. Trucks division is keen on expanding in the US and Chinese markets.

Read Full Article
Google Hosts Its I/O Developers Conference

Google CEO Sundar Pinchai Received Equity Award Worth $199 Million in Restricted Stocks

Google CEO Sundar Pinchai received his first equity award granted by Google's parent company, Alphabet, Inc. The $199 million amount was one of the biggest ever given by a U.S. company, making him one of the world's highest-paid executives. Besides Mr. Pinchai, other executives, including Diane Greene and Ruth Porat also received the award worth $42.8 million and $38.8 million respectively.

Read Full Article
Education Stocks Plunge As Apollo Withdraws Forecast

Advisory Services of Barclays, Credit Suisse and Evercore Fail To Protect Apollo Education From Acquisition

Barclays, Credit Suisse and Evercore have acted as financial advisers to Apollo Education. Despite their advisory efforts, the institution has incurred a loss of $60.8 million during the last concluded fiscal quarter. Finally, Apollo Education has been compelled to go through acquisition for $1.1 billion.

Read Full Article
Views Of Harvard University And The Massachusetts Institute Of Technology

Eyeriss: MIT Introduced Chip Capable of Deep Learning Using AI Technology

An MIT research team has introduced a new computer chip, Eyeriss, that will allow IoT devices to go through deep learning process. Data collected by the devices, is currently uploaded to the internet for processing by power servers. Eyeriss chip processes the collected data locally using the neural technology and thus ensures data security and reduces power consumption.

Read Full Article
Canadian Bank Branches As Earnings Figures Are Released

BaFin Shuns Transactions of Maple Bank For Tax Dodging Allegations, NBC Pledges For Repatriation of Dividend Fund Taken

BaFin has imposed an embargo on Sunday shunning all transactions of Maple Bank. The embargo comes followed by investigations by the regulator on the allegation of tax dodging. However, National Bank of Canada, the parent organization of Maple Financial Group pledges for repatriation of the dividends taken from Maple, if proves guilty.

Read Full Article
BRITAIN-NORWAY-OIL-EARNINGS-STATOIL

Statoil's dividend irks major wealth fund

The Norwegian government is reeling under pressure owing to oil price drop. The lower oil price is eroding revenues for the government. The Norwegian government is counting on state's dividends from Statoil ASA.

Read Full Article
As Fortunes Fade at Home, Takeda Pharmaceutical Eyes Greener Shores

Japan to curtail soaring drug prices

As part of reducing costs, the Japanese government is seeking lower drug prices by moving towards more generics. The ageing population and rising debt are taking a toll on the Shinzo Abe's government. The Japanese government is aiming to reduce prices of branded drugs.

Read Full Article
Sony presents the company' s recent electronic devices...

Sony Releases US Oriented Versions of Xperia Z5 And Z5 Compact Excluding Biometric Authentication

Sony has kept its words through releasing Xperia Z5 and Z5 Compact smart phones in committed date. But the US oriented version of the Z5 genre hasn’t inherited the biometric authentication system. This lacking will affect the consumers using Android 6.0 and thus shave Sony’s profit margin to some extents.

Read Full Article
HSBC Holdings Plc Bank Branches As Company Announces Plans To Eliminate 50,000 Jobs

HSBC to pay $470M total for federal government settlement as relief to borrowers and homeowners' foreclosure abuses

As per the federal agreement, HSBC has agreed to pay $470 million to provide relief to abused mortgage loan borrowers. The payment will be directed towards mainly Virginia, along with 48 other states. The bank, accused of malpractices like robosigning and bad loan designs, will now be monitored by an independent body to ensure it adheres to the revised banking standards and settlement terms.

Read Full Article
 Inside The 2016 Consumer Electronics Show

Google Approaches One Step Ahead Towards VR, Plans For Headset As Successor To Cardboard

All the tech giants are investing heavily in the research and development of virtual and augmented reality products. Google has been reportedly planning a successor to the cardboard VR viewer. The smart phone based headset incorporating improved sensors and lenses will be housed in a solid plastic casing instead of a cardboard.

Read Full Article
Stocks Drop As Report Shows Fewer Jobs Created Than Expected

Wall Street strategists lower S&P 500 estimates

Contrary to earlier bullish predictions for 2016, several Wall Street strategists have started lowering their forecasts on S&P 500 stocks. The Chinese economy slowdown, volatile oil prices and interest rates are the major reasons for drop in forecast. The gap between highest and lowest forecast has been widening.

Read Full Article
CHINA-ECONOMY-FOREX

China's foreign exchange stocks decline to trillions

China's foreign exchange reserves had declined reaching to trillions. However, the government made efforts to support the local currency from dropping further.

Read Full Article
Film Independent At LACMA Special Screening And Q&A Of 'Hail Ceasar!'

Wiper, alternative messaging app for costly movies

Messaging app Wiper has raised a total of $4.5 million seed funding from its investor Michael Choupak adding $2 million dollars. The service launced $4.99 monthly subscription fee to preview and watch thousands of original short and long, inexpensive indie films that can be compared to expensive Hollywood movies.

Read Full Article
1 2 3 4 5 6 7 8 9 10  

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics