1. Consumer products giant Hindustan Unilever (HUL) is selling the heritage bread brand 'Modern' to private equity investor Everstone as part of a strategy to narrow the focus of its business.
2. With a variety of malicious software, tailor-made to victimise high profile targets now emerging, the Cyber Crime cell of the Hyderabad police have begun issuing notices to star hotels, asking them to beef up their cyber security feature.
3. Samsung Electronics is preparing to cut 10% of its headquarters staff, according to Bloomberg. The move follows various missteps in key markets, including smartphones, that have seen an incredible $44 billion wiped off the company's valuation. The headcount, as of June 30, sat at 98,999.That would imply Samsung is letting go of nearly 10,000 people.
4. In an investigation involving guns and drugs, the justice department obtained a court order this summer demanding that Apple turn over, in real time, text messages between suspects using iPhones. Apple's response: Its iMessage system was encrypted and the company could not comply.
