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Company Restructuring: Pearson Revealed £320m Restructuring Plan Which Involves 4,000 Jobs Cut
The publishing company has experienced tough times in the market where profits declined and shares dropped. The plan is expected to deliver more earnings growth in the long run with the simplification and reducing of costs. The company's chief also attributed their difficult times to challenging markets and unpredictable changes.
Apple releases iOS 9.2.1 that fixes a bug after three years it was discovered
Apple just released iOS 9.2.1 that fixes an iOS bug allowing malicious agents to impersonate end users' identities by granting the read and write access to website cookies.
GM’s new launch, Maven, to pioneer car-sharing facilities with a $6 per-hour rate
GM's Maven is set to revolutionize the car-sharing and ride-sharing services with an hourly rate of $6. This has been quite an aggressive move from the conventional car-maker. However, the company is pretty confident that car-sharing section is now ready for a highly personalized, easy-to-use mobility service, which it plans to provide through its fleet of Chevrolet Spark and Tahoe.
Google’s Financial Documents Marked ‘Attorney’s Eyes Only’ Leaked By Oracle Attorney
Oracle has been accusing Google for violating copyright law through using Java operating system in Android for long five years. The search engine provider has failed in its earlier bid to derail the case in the US Supreme Court and lawsuit proceeding has resumed in a North Carolina District Court. The database maker’s attorney has placed to Google’s financials to claim a margin from Google’s earnings since its introduction of Androids.