Last year, A. G. Lafley, Procter & Gamble's CEO had announced that the consumer goods and personal care products company planned to revamp the brand portfolio majorly. Recently it was noted that P&G plans spin off or sell off about one hundred of its brands by the summer this year.
SAP, the largest software company of Europe has launched a very high-stake services in about two decades, in a bid to revamp its core software line. It aims to persuade its corporate multinational customers that the new software can run their most important applications to foretell business conditions.
Reportedly, Sprint Corp. and Amazon. com Inc are planning to buy some stores of the struggling electronics retailer RadioShack after it files for bankruptcy.
Reports say that Seattle-based Amazon is considering using the stores of RadioShack as showcases for the hardware merchandise of the company and also likely centres for pickup and drop-off for its online customers.
On Friday, a U. S. judge appeared to be unconvinced about the bid that Uber wants as a quick pre-trial ruling, which says that the drivers working for the company are contractors and are not its employees.
Tim Cook, the chief executive of the technology giant Apple got a rise in his base salary by almost 43% last year in February, said the company.
The salary of Mr Cook increaser from$1.4m to $2m and the overall remuneration amounted to more than double to whooping $9.2m in 2014.
Robert Iger, the CEO and Chairman of Disney had a big jump in his compensation in 201, to a whopping $43.7 million as the company had a smashing hit year.
On Friday, the Burbank, California based enterprise unveiled the compensation package during its annual proxy statement which was filed with the regulators.
On Wednesday, some rumours about Samsung approaching BlackBerry for sales deal shot up its shares nearly by 30%.
A report said that Samsung the South Korean firm has approached BlackBerry for buying the company in an offer of nearly $7.5 billion.
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