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TECHNOLOGY

Apple Joins Bain in Bid for Toshiba’s Chip Business

Apple has joined a consortium of companies led by the investment firm Bain Capital in a revised [$18 billion] last-ditch offer for Toshiba’s chip unit. Toshiba is the world’s second largest producer of Nand memory chips, which are used in smartphones and computers. A deal may be crucial for Apple ... Read More »

Expedia Taps Its CFO To Fill Vacated CEO Spot

Expedia is staying in house for its next chief executive, picking Mark Okerstrom for the top spot after Dara Khosrowshahi was tapped to lead embattled ride-hailing behemoth Uber Technologies. Okerstrom, Expedia’s chief financial officer and executive vice president of operations since 2011, joined the online-travel company in 2006. In a ... Read More »

Apple Teams with Accenture To Build Mobile Enterprise Apps

Under a partnership announced today, the global consultancy Accenture aims to help its enterprise customers transform their businesses through a business service based on Apple’s iOS mobile operating system. The latest addition to Accenture’s Digital Studios business, the new dedicated iOS consulting practice will include experts from Accenture and Apple. ... Read More »

Uber’s Choice for CEO Brings Skills, Experience

For a surprise choice, Expedia CEO Dara Khosrowshahi appears to check the boxes needed to tackle the massive job of leading Uber from a rapidly growing but dysfunctional money-loser to a company that can turn a consistent profit. Like Uber, Expedia is a global juggernaut that uses an internet platform ... Read More »

ITC hikes cigarette prices of three brands

ITC has hiked cigarette prices of its three brands effect from July 18, following GST Council hiked cess to pre-GST level. The company has increased Gold Flake Kings and Classic Rich prices to Rs 300 per 20 pack each, while Navy Cut Filter price increased to Rs 188 per 20 ... Read More »