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Tesla to cut workforce by 9%; vows to keep Model-3 ramp up intact

Tesla (TSLA) has embarked on a workforce reduction as part of the restructuring program announced by CEO Elon Musk recently…

Sage shares skyrocket after FDA allows expediting development of depression drug

Shares of Sage Therapeutics (SAGE) rose nearly 6% before the bell today after the FDA allowed it to accelerate the…

Ford experiments with self-driving delivery vans in Miami

Ford (F) has time and again emphasized that it is determined to launch self-driving cars in 2021 intended for ride-hailing…

Netflix suffers first massive global outage

Binge-watchers were at the receiving end of a cruel joke yesterday as they arrived home after a hectic day’s work…

VIDEO: You can now catch fish using LIVE SONAR!!

After battling the likes of Apple Watch and Fitbit wearables, Garmin is back with what it excels in. Niche electronics.…

Xiaomi reports $1.1 billion loss before going public

Xiaomi that is gearing up for a flamboyant market debut, posted a staggering loss in the initial three months of…

Envision is a ‘Strong Buy’, says analysts after $9.9-billion acquisition offer by KKR

Global investment firm KKR (KKR) agreed to buy Envision Healthcare Corp (EVHC) in an all-cash transaction of $9.9 billion. The…

The Chinese have a good reason to hate Amazon

Amidst ongoing allegations of brutal working conditions at Amazon (AMZN), US-based China Labor Watch has now attacked the e-commerce giant…

Who will take off to Mars first – SpaceX or Boeing?

Boeing (BA) CEO Dennis Muilenburg’s statement last week at an interview that his company would be the first to reach…

Uber and Lyft may soon clash over e-scooters

Of late, there has been a crazy surge in interest surrounding electric scooters, which are often referred to as the…

Will the Terminator have your voice? This AI copies humans!

Back in 2017, a startup called Lyrebird AI tweeted an artificially engineering voice of former President Barack Obama. While this…

AMD’s launches at Computex 2018 will leave NVIDIA scrambling

For long, Advanced Micro Devices (AMD) has remained an underdog to bigger rivals in the semiconductor space. It had made…

Delta Air Lines cuts profit outlook for the quarter

Thanks to the rising jet fuel expenses, Delta Air Lines (DAL) anticipates lower earnings in the current quarter than what…

ANALYSIS: Is Twitter worth your investment?

As Twitter (TWTR) replaces Monsanto on the S&P500, the social media giant enters a new level in the stock market…

Facebook to broadcast original news shows to tackle fake news crisis

For a long time, Facebook’s (FB) credibility has been marred by allegations that it has become a spawning ground for…

ConocoPhillips in talks to sell stake in Cenovus Energy

US oil producer ConocoPhillips (COP) is working towards dumping the stake it acquired last year in Calgary-based oil company Cenovus…

Watch out Amgen! Mylan wins FDA approval for biosimilar of Neulasta

Mylan (MYL) celebrates the Food and Drug Administration's go-ahead signal for its first biosimilar infection-fighting treatment Neulasta manufactured by Amgen…

Apple could pit traditional toymakers against Activision and Electronic Arts

The gaming industry has never enjoyed a better a time, thanks to an impressive line up from companies including Activision…

Starbucks shares drop after its iconic leader Howard Schultz steps down

Amid speculations about a possible presidential candidacy, the coffee billionaire Howard Schultz bids farewell to Starbucks (SBUX) that he nurtured…

Twitter finally makes its way to the S&P 500

The struggling social media company Twitter (TWTR) will finally become a part of the S&P 500 index, effective before the…

5G PCs are coming out next year

In the latest update in the 5G world, Intel (INTC) and Sprint (S) have reportedly teamed up to take a…