Business

LA Entrepreneurs Don Ressler and Adam Goldenberg Are Reinventing How We Think About Technology and Fashion

Techstyle Fashion Group, which includes a number of membership-based clothing, beauty or accessory companies, was founded by Don Ressler and Adam Goldenberg, two guys who once knew very little about fashion. What they always did possess was a strong drive to succeed and the keen awareness of what consumers are seeking.

Warren Buffett talks about Wells Fargo and IBM

Warren Buffett talks about Wells Fargo and IBM

Billionaire investor Warren Buffett’s Berkshire Hathaway has sold its holding in technology major IBM. Buffett’s decision to reduce his exposure to IBM has led to quick decline in valuations of the technology major. Buffett cited major competition in technology sector as a challenge for IBM in future. At the end of year 2016, Berkshire Hathaway owned 81 million shares of IBM and the company has sold nearly 35 percent of its holding during year 2017.

U.S. airlines reviewing ‘overbooking’ policies after United Airlines fiasco

U.S. airlines reviewing ‘overbooking’ policies after United Airlines fiasco

The severe criticism against the rough removal of a United Airlines passenger to make room on a crowded flight has prompted some American airlines to renounce the practice, while others have started offering richer incentives for giving up seats.

Automobile Sales Register Sharp Decline in India after Currency Demonetisation

Automobile Sales Register Sharp Decline in India after Currency Demonetisation

Indian automobile sector registered lowest growth in sales during December 2016, since the time Society of Indian Automobile Manufacturers (SIAM) started keeping record for combined automobile sales in the country. The impact on automobile sector is due to self-inflicted currency shortage in India. Indian government announced currency demonetization on November 8 and the government wasn’t prepared to deal with massive demand for new currency.

Cyanogen fails to pick up against Android and announces closure

Cyanogen fails to pick up against Android and announces closure

Cyanogen operating system for smartphones will no longer be developed by the company as it has finally decided to end its services by the end of 2016. Cyanogen has been in the news for facing financial and management issues. The company was aiming to provide a better smartphone operating system compared to Google’s Android. However, Cyanogen has not been able to get the acceptance that the company management was expecting.

Amazon will deliver till midnight on Christmas Eve

Amazon will deliver till midnight on Christmas Eve

Amazon will deliver gifts for holiday shoppers till Christmas Eve midnight. The company said that its team is working extra hours to deliver smiles and gifts to its valuable customers. The service of quick delivery for last minute shoppers will be available only for Amazon Prime Now customers. Amazon Prime Now costs $99 per year and offers special discount and free delivery on many items to customers.

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