Alibaba Set to Become a Major Player in Cloud Services
When you think of the biggest cloud players in the world, one company you might not consider is Alibaba, the Chinese e-commerce giant that held a record $25 billion U.S. IPO in 2014. Alibaba entered the cloud computing business in 2009, just three years after Amazon launched its cloud division, AWS — and Alibaba’s cloud computing efforts are among the ambitious projects that the Chinese e-commerce giant is pursuing aggressively.
- 28/02/2017
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Lessons learned from the Failed Kraft Heinz-Uniliver Takeover
Kraft Heinz, the consumer products group owned by 3G Capital and backed by Warren Buffett's Berkshire Hathaway, has withdrawn last week a $143bn bid for Unilever — the world’s 4th largest consumer goods company by sales, with revenues of €52.7bn. Unilever's largest shareholders have spoken out after the failed takeover attempt by Kraft Heinz, calling for a break-up of the consumer products giant, which may impact its food brands, including Marmite and Ben & Jerry's, being separated off from its personal care division. Important lessons could be drawn in the failed Kraft Heinz - Uniliver Takeover.
- 27/02/2017
- 0
Tesla's Rise to The Top
The rise of environmental consciousness and decrease in oil supply created a need for electric vehicles as oil-based fuel automobiles have become outdated.
- 25/02/2017
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Japan's Artificial Intelligence Debate
It is no secret that Japan’s population is getting older, but it’s not alone in facing a grey tsunami of ageing.
- 11/05/2017
- 1
Samsung's Crisis Continues
Samsung Group chief Jay Y. Lee was arrested on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea, dealing a fresh blow to the technology giant and standard-bearer for Asia's fourth-largest economy.
- 17/02/2017
- 0
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