Viacom Inc appointed Bob Bakish, as the acting CEO, he replaced Tom Dooley. Bob has been in company for last 19 years. The decision was taken after Viacom hired financial adviser in the beginning of this month to check the environment for merger with CBS. Chairman of Viacom Tom may made a statement saying, company…
In the recently organized air show, China disclosed its most awaited stealth fighter J-20 to the public. Earlier it was seen by few bloggers only. These jets are the symbol of China’s desire to modernize its military capacity. President of China is willing to strengthen its arm forces as now it is taking more firm…
Tesla has shown a profit of $22 million in the 3rd quarter of the year. Last year Tesla was showing a loss of $230 million in the same quarter, last year. Tesla’s stock price has jumped by 6% in the afterhours of trading. In August, Musk sent an e-mail to Tesla workers requesting them to…
Sunil Mittal, Founder and chairperson of Bharti Enterprises is going to join as a chief of GSMA. Mr. Mittal will manage strategy making area of the organization. Mittal is the first Indian to hold this post. GSMA formed a board of 26-member which will work for 2 years starting from January 2017. Mr. Mittal will…
Apple has reached its first annual sales fall since 2001, it was the year when it launched iPod and since then has not looked back. The yearly sales fell to $216 billion in the fiscal year of 2016 from $234 billion in the year 2015. This fall is due to the declining sale of iPhone. According…
