Business News

Failure of Linkedin was Discovered in 2012 and Leaves 117 Million Vulnerable

Linkedin is asking its users to change passwords because a security flaw in the social network of professionals leaves them vulnerable 117 million users. Some even are selling other accounts. The worst is that the vulnerability was discovered four years already. This security flaw is to leave Linkedin in trouble. The social network for professionals […]

Sports Authority Failed to Find a Buyer: Closes All Stores!

This once proud sporting goods store which was once the biggest of its kind on the whole nation is now going to close all of its stores after the failure on finding a buyer. The bankruptcy court filing in Delaware states that the company is now going to have out-of-business sales at all the still […]

Tesla Motors: New Roadster Reloaded.

Apparently Tesla Motors already took on a new project that will surely excite sports car fans. When the company announced in February that he would be coming to market the Roadster Reloaded, she was not kidding. The new drive aims to reach the market in 2019, with the company you want to build the fastest […]

New Vodka advertising in North Korea

“Pyongyang Spirit: The drink you will not forget after drinking once” is the slogan of the announcement of the next vodka drink North Korea. There is no country that is further from the Madison Ave than North Korea, but advertising this kind of drinks are starting to emerge more and more to reach a large […]

Mitsubishi: restore credibility is priority

The CEO of Nissan, Carlos Ghosn believes that restore the credibility of Nisan is the top priority, after the scandal of manipulation of tests, and the biggest challenge we will face. These comments come one day after Nissan has acquired 34% of Mitsubishi and assumed full control of the company. The car manufacturer has reached […]

BMW plans are revealed in iNext

Before you get excited, the image above is just the Next Vision 100, a car designed by BMW exhibited last March. The company currently focuses less on the past and in the future. CEO Harald Krueguer adopted a more futuristic, after the meeting with shareholders in Munich, although the chief executive has been much prognosis, […]

Staples’ Merger Hand: How Was It Misplayed?

Staples’ lawyers surprised everyone when they decided not to call any witnesses over the 6.3 billion dollars acquisition of Office Depot last month. On the other hand, Diane Sullivan, Weil, Gotshal & Manges LPP’s partner stated to the FTC that the deal had utterly failed to spot any market that would be harmed by the […]

LendingClub’s Fall From Grace: How did it happen?

Wall Street loved Laplanche for wanting to rethink the way we do banking, but peer-to-peer lending was destined to have a grim, or at least for his company LendingClub Corp. as investors reported to be mistreated. Laplanche stepped down as CEO, and the impact was felt throughout all of the online lending scenario, destroying a […]

Naimi from RPT-Saudi in Oil Battle: Cuts Lonely Figure!

Events seem to trigger on a circle, or at least that would be what Ali al-Naimi would think if he reviewed his time as the oil minister of Saudi Arabia. After 2 years of the promotion of Ali al-Naimi, a technocrat, to the office of the oil ministry of Saudi Arabia to take the title […]

39% Revenue Increase for Alibaba: More and More Shoppers go Online!

China’s biggest e-commerce titan, Alibaba, declared a fourth quarter revenue that rose 39% and demolished the estimates from the experts at Wall Street, as they benefit from a huge growth in merchandise volume. The revenue of the company keeps increasing and the American Depository shares got to 78.48 dollars this Thursday. The estimates of the […]

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