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Comcast concedes defeat to Disney, withdraws bid for Fox

Comcast announced that it was dropping its $66 billion bid for Twenty-First Century Fox, clearing the path for Disney to take over the lucrative entertainment assets. Comcast will now focus on acquiring a stake in European broadcaster Sky. Jul 20, 2018
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Ola expands Australian services with Adelaide

The Indian app-based taxi service has announced operations in its sixth Australian city on Thursday. Riders in Adelaide will be offered discounted services as Ola begins services in the city. Jul 19, 2018
Director General of the World Trade Organization Roberto Azevedo Play

The WTO is under threat, will they step up?

A new report by the Bertelsmann Foundation says that the credibility of the WTO is under threat, and the organisation could face closure if more countries vacate its Appellate body. Jul 18, 2018
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AI boom in India leads to drop in hiring at software firms

Nasscom predicts a fall in hiring, especially of laterals in the software industry this year as automation continues to grow into a staple of sorts at larger firms. Campus recruitments are expected to remain flat due to the increase in the number of SMEs and start-ups. Jul 18, 2018