MILAN/DUBAI (Reuters) – BlackRock Inc (BLK.N) has dropped out of the race to become an investor in Abu Dhabi National Oil Co’s (ADNOC) natural gas pipeline assets, two sources familiar with the matter said. That leaves Italian infrastructure firm Snam (SRG.MI) and Global Infrastructure Partners among at least six remaining bidders, they said. BlackRock, along […]
Archives for March 2020
Digital Innovation: Start by Wooing Your Own Workplace
IT executives can drive successful outcomes for companies looking to expand on their internal technologies by adopting a product management mentality. Digital initiatives have long followed a simple playbook: An IT initiative is launched, employees are told to adopt the new digital widget, and then everyone sits back and awaits the happy expected outcome. Unfortunately, […]
Covid-19: As cities go for lockdown, Zoom has become the video calling app of choice
On Sunday afternoon, Eleanor Dolan celebrated her 17th birthday in Minnesota with 20 of her closest friends. They listened to pop music and traded jokes. When the group broke out into “Happy Birthday to You,” Eleanor pulled a slice of cookie cheesecake close in front of her and pretended to blow out the toothpick she […]
How Azure Machine Learning service powers suggested replies in Outlook
Microsoft 365 applications are so commonplace that it’s easy to overlook some of the amazing capabilities that are enabled with breakthrough technologies, including artificial intelligence (AI). Microsoft Outlook is an email client that helps you work efficiently with email, calendar, contacts, tasks, and more in a single place. To help users be more productive and […]
SoftBank to raise $41 billion to expand share buyback, cut debt
SoftBank Group said on Monday it is selling or monetising up to 4.5 trillion yen ($41 billion) in assets to buy back 2 trillion yen of its shares and reduce debt, sending its stock soaring to its biggest daily gain in nearly 12 years. The share buyback will be in addition to the up to […]
Coronavirus outbreak: Uber, Ola suspend services in Delhi till March 31
Services of Ola and Uber will not be available in Delhi till March 31 amid the lockdown announced by the Delhi government to contain the spread of coronavirus infection. The state government on Sunday said the city will be in lockdown from March 23 to 31, under which no public transport, including private buses, taxis […]
Telcos want streaming firms to cut load
Phone companies have sought the joint intervention of the telecom department and the home ministry to coax over-the-top (OTT) video streaming services to expedite steps to ease pressure on telco networks amid a surge in video consumption as vast swathes of the workforce work from home amid the Covid-19 outbreak. These services include Netflix, Amazon […]
SC to conduct hearings via video conferencing from today
The Supreme Court will formally begin on Monday tackling its work through video-conferencing in a bid to further limit human interface and the spread of Covid-19 in the court. A full court meeting has also been called by the CJI to discuss further measures to prevent the spread of the corona virus. In a first, […]
State curbs choke ecommerce supplies
Illustration: Rahul Awasthi Ecommerce operators were forced to cancel or reschedule lakhs of orders for essential goods such as food, groceries and medicines across several cities on Sunday as local authorities and the police ordered them to shut warehouses, blocked trucks carrying supplies and dissuaded delivery agents from moving around on the streets. The action […]
Regulators clear way for certain loan modifications amid pandemic
Borrowers concerned about meeting loan obligations amid the disruption caused by the coronavirus pandemic got some relief Sunday from a host of regulators who pledged jointly to clear the way for critical loan modifications. A statement issued by several federal and state banking regulators spelled out agreement to ease certain restrictions that borrowers might normally […]