Saturday, 6 May 2017

News Digest: Netflix, Tesla listed among potential takeover targets for Apple

THE TIMES OF INDIA
Sunday, May 07, 2017
Today's Headlines

Netflix, Tesla listed among potential takeover targets for Apple
Citigroup listed seven companies as potential takeover targets for Apple Inc, including Netflix, Walt Disney and Tesla Inc, as a way to put its cash hoard of more than $250 billion to work.

Wipro receives threatening letter, beefs up security
IT major Wipro today said it has augmented security measures at all its office locations after receiving a "threatening letter from an unidentified source".

US Labour Department seeks legislative changes in salary structure for H-1B visa holders
The US Labour Department has said a legislative change is required in the four-tiered wage structure to take stronger action against firms using H-1B visas to replace their American employees with workers from countries like India.

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