HP will be split into two entities as Hewlett-Packard Enterprise Co. and HP Inc. It will be completed on Nov. 1. The restructure will slash 30,000 jobs. HP Board of Directors announced in a news release its split into two independent firms; HP Inc. and Hewlett-Packard Enterprise. HP Inc. will operate the company's printing and personal systems businesses. Alongside, Hewlett-Packard Enterprise will focus on technology solutions including Software and Financial Services, Enterprise Group, and Enterprise Services.
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Air France negotiation over pilot unions failed; 2,900 jobs at stake
Ater an unsuccessful negotiation with pilot unions, Air France announced it would cut 2900 jobs. Air France-KLM is about to cut 2900 jobs after pilot unions disagreed to compromise with the company's settlement. The board had a meeting on Thursday and ordered the management to minimize some of its operations on October 5, BBC reported.
No role of nationality in antitrust probe: EU antitrust chief
Ruling out North America's claim that European antitrust authority is going in an anti-US bias in dealing with Google and Apple, the European Competition Commissioner (ECC) Margrethe Vestager has termed it as a misleading notion of the world's largest economy. Vestager has been criticized in the US media for her role in opening multiple cases against the US corporate giants Google, Apple, Amazon and Starbucks during the past one year. Vestager has become the target of the US media as European regulators are protecting EU companies from the US competition.
Entrepreneurs' Financial Checklist
Entrepreneurship is a big jump for someone to pursue rather than having the normal working hour. Besides focusing on the business aspect of the company, entrepreneurs also need to brush off in their financial apparatus as it will determine how well an entrepreneur could sustain his or her life. Hence, it is a wise decision for an entrepreneur to create a finance checklist for himself.
Amazon bans sale of Apple, Google streaming devices
Amazon is disallowing the sale of media-streaming devices from Apple and Google. In an e-mail to its marketplace sellers, the Web retailer says that after October 29, it will no longer sell Apple TV's and Google Chromecasts. "It's important that the streaming media players we sell interact well with Prime Video in order to avoid customer confusion," said Amazon in the e-mail.
Latest News
The five-years patent lawsuit battle between Microsoft and Google had finally come to an end after both companies agreed to drop the lawsuit for an undisclosed amount. The announcement was made by in a joint statement from the two companies.
The United States court finally comes out with the verdict regarding Exxon Mobil Corp oil spill in 2013. The fine was issued by the U.S. pipeline safety office ordering the oil giant to pay a total of $2.63 million for spilling the crude oil in Arkansas residential Area.
Google invited some media personnel to introduce the prototype of the first Google self-driving car. Sergey Brin said they're looking for expert car makers in the industry to build the car.
Considering the adverse conditions being faced by the Brazilian oil and gas company, Petroleo Brasileiro Petrobras' price estimate has been revised down to $7.41 a share from $10.80.
2K Sports has officially released NBA 2K16 across all platforms gaining positive reviews from game critics. The game's companion app, MyNBA2K16, for Android and iOS is alo now made available with new details on its features. Meanwhile, a glitch uncovered in the game has allowed players to get unlimited VC.
Telltale Games has released a new Minecraft Story Mode teaser trailer to provide a sneak peek of what the sandbox game fans can expect from the narrative spin-off title when it releases to multiple PlayStation, Xbox and Nintendo consoles including mobile devices. An updated list of the voice actors featured in the episodic adventure series is also revealed.
Prior to the official release date, the WWE 2K16's secret achievements have been leaked online while 2K talks about considering incusion of Replay Camera System's return that is most wanted by Wrestling fans.
As Capcom's long-running series has another installment coming soon, Monster Hunter 4 Ultimate is definitely staying steady and keeps the momentum going with the newest DLC's as the past months. The development and publishers have not held back on giving the public more from their power franchise.
Disney and Pixar as well as director John Lasseter and his team look back at how 'Toy Story' changed the world of filmmaking. With a tentative release date on June 16, 2016, the plot for “Toy Story 4” will play around Woody and Bo Beep.
