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The Gillette Group headquartered in Trinidad and Tobago and founded in 1983 under the banner of Computers and Controls Ltd., has twenty - two years later, grown beyond the boundaries of Trinidad and Tobago, extending its business interests across the Caribbean region and into North America... more

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Dell to use VMware to help pay for EMC deal: sources
Fri, 09 Oct 2015 21:19:12 -0400

A company logo of Dell is seen on the cover of its laptop at a Dell outlet in Hong KongDell Inc is planning to use equity in cloud software company VMware Inc to help pay for its acquisition of EMC Corp in a deal valuing the data storage company at more than $55 billion, according to people familiar with the matter. While the bulk of its offer will be in cash, Dell also plans to pay EMC shareholders with "tracking stock" that follows the value of the 20 percent of VMware that EMC does not own, the people said on Friday. Dell, EMC and VMware did not immediately respond to requests for comment.

Twitter plans layoffs next week: Re/code
Fri, 09 Oct 2015 18:21:42 -0400

The Twitter logo is shown at its corporate headquarters in San Francisco(Reuters) - Twitter Inc is planning company-wide layoffs next week, technology news website Re/code reported on Friday, citing sources. The news comes after Jack Dorsey was appointed permanent chief executive on Monday. It is unclear how many of Twitter's staff will be laid off, but it is likely it will affect most departments, Re/code said, citing company insiders.

Japan-backed fund considering investing in Sharp: source
Sat, 10 Oct 2015 05:15:31 -0400

A man using his mobile phone walks past a logo of Sharp Corp outside an electronics shop in TokyoBy Reiji Murai TOKYO (Reuters) - A Japanese government-backed fund is considering a range of options to help turn around Sharp Corp including a direct investment, a person familiar with the matter said. A direct investment would mark a shift in thinking at the Innovation Network Corporation of Japan (INCJ), which previously only wanted to be involved in Sharp's liquid crystal display business. The source, who did not want to me named because the matter was private, said INCJ was also looking at a possible joint-investment in Sharp with Taiwan's Hon Hai Precision Industry Co in Sharp.

China publishes draft rules to regulate online car hailing services
Sat, 10 Oct 2015 05:44:09 -0400

A taxi is reflected in a window at the office of taxi-hailing service Uber Inc in Hong Kong, ChinaChina on Saturday published draft rules to regulate online car hailing businesses, a booming sector where U.S. firm Uber Technologies Inc [UBER.UL] and Chinese rival Didi Kuaidi have been aggressively competing for market share. The draft rules, published on the website of the Ministry of Transport, said they are aimed at maintaining order by strengthening supervision of online car hailing apps. Like in many other countries, the legality of car hailing services has vexed regulators in China where the authorities say drivers are operating outside the law.

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