Bird unveils custom new e-scooter with all day rentals
Just days after Uber Technologies’ venture into the Jump electric scooter sharing program, Bird unveiled its new custom designed Bird...
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Chinese hardware hack – the damage is done
The hack by a Chinese group on the hardware used by American technology companies has soured things up for both...
Search firm Elastic joins IPO spree; stock doubles on debut day
Open source search engine Elastic is the latest to debut in the American stock markets, joining the many tech firms...
This time, Toyota to recall over 2 million vehicles
Toyota announced Friday that it is recalling about 2.43 million vehicles globally due to a software glitch, which could result...
America’s largest mattress company files for bankruptcy protection
Mattress Firm, the biggest retailer of beds in the US, on Friday filed for Chapter 11 bankruptcy protection in a...
Costco Q4 sales beat; stock falls amid warning of ‘weakness’ in financial reporting
Higher sales, both in stores and online, pushed up Costco’s (COST) fourth-quarter earnings, which came in line with Wall Street...
Uber launches bike-sharing programs
After a disastrous attempt with autonomous driving technology, Uber Technologies launched electric scooter sharing with the recent purchase of Jump....
Toyota and SoftBank – one more partnership in the self-driving vehicle space
Japan’s two top companies SoftBank and Toyota are planning to form an alliance named Monet which stands for mobility network....
The world’s first production flying car will go on sale soon
Flying cars will soon be a reality as Terrafugia Transition inched closer to its debut. The automaker has started taking...
International Speedway tops Q3 estimates and narrows outlook; shares drop
International Speedway Corporation (ISCA) topped market estimates on revenues and profits for the third quarter of 2018. Despite the beat,...
Constellation Brands brews earnings beat in Q2
Constellation Brands Inc. (STZ) topped market estimates on sales and earnings for the second quarter of 2019. Shares were up...
Barnes & Noble surges above 20%; board to explore sale
Barnes & Noble (BKS) announced today that the board is exploring options after it has got inquiries from various firms...
Cloud analytics drove Cloudera and Hortonworks to merge
Cloudera Inc. (CLDR) and Hortonworks Inc. (HDP) have agreed to combine themselves in an all-stock merger of equals. The combined...
Amazon ‘stealing’ eBay sellers?
While expanding its reach to new markets across the world, Amazon (AMZN) also evolved as the preferred selling platform for...
Honda and General Motors join hands to build a new self-driving vehicle
General Motors (GM) and its subsidiary Cruise reported that they have a formed a partnership with Honda Motors (HMC) to...
Homebuilding, CalAtlantic merger boost Lennar’s Q3 results
Real estate firm Lennar Corp. (LEN) reported an increase in third-quarter earnings as strong homebuilding operations and contributions from the...
JCPenney appoints Jill Soltau as CEO
JCPenney (JCP) announced today that Jill Soltau will be the new CEO effective October 15, 2018. Solatu comes with more...
Renault unveils cheaper all-electric crossover
French automaker Renault has unveiled a new and cheaper all-electric crossover, the Renault K-ZE, as well as three autonomous electric...
Tesla reports Q3 vehicle production and delivery numbers
Tesla (TSLA) delivered 83,500 vehicles and produced 80,142 vehicles during the third quarter ended September 30, 2018, the company announced...
PepsiCo tops Q3 revenue and earnings estimates; updates outlook
PepsiCo Inc. (PEP) beat market estimates on revenue and earnings for the third quarter of 2018. Despite the positive results,...
Pfizer’s long-time CEO Ian Read to hand over reins to Albert Bourla
There were announcements from two giant companies in different sectors about the change in their CEOs Monday morning; pharma giant...