Viacom names Bob Bakish as acting CEO

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…

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China J-20 fighter jet’s public debut in Air show

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…

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Tesla profit goes up by 6%

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…

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