Micron stock falls despite Q3 earnings beat
Earnings of chipmaker Micron Technology (MU) increased sharply in the third quarter as higher product demand and strong execution pushed up...
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Instagram reaches 1 billion users; introduces long-form video
As expected, the photo-sharing app Instagram announced that it had reached 1 billion monthly active users. The Facebook (FB) subsidiary...
Tesla plans to build Gigafactory in Germany
During the recent annual shareholders meeting, Tesla’s chief Elon Musk spoke about the company’s plans to build Gigafactories in other...
Report suggests customers prefer lower airfares over other factors
A low-cost ticket is probably an indication that the flight might come with a few bumps. However a recent report...
Existing home sales drop unexpectedly in May hurt by price rise
Reflecting the continuing short supply in the US housing market and the resultant price rise, existing home sales dropped for...
Back-to-back thefts show digital currency is no longer safe
In the second cryptocurrency theft of the month, Seoul-based exchange Bithumb on Wednesday said about $30 million worth of digital...
Will Apple and Google top Disney’s $71-billion bid for FOX?
While Comcast looked like it was about to spoil the dream of every Marvel fan to see the Avengers teaming...
Ford mulling a partnership with Volkswagen for vehicle development
Auto majors Ford (F) and Volkswagen are exploring ways to work together, which would help both the firms to help...
[INFOGRAPHIC] The Rise of the streaming Giant: Netflix
Netflix launched its streaming services in the US in 2007. Being a pioneer in the streaming video market, the company...
FedEx shrugs off trade concerns, places $6.6-billion order for Boeing freighters
Despite being highly vulnerable to geopolitical uncertainties, the global air cargo business seems to be unperturbed by the growing trade...
Winnebago shares rise on Q3 earnings beat
Shares of the recreational vehicle manufacturer Winnebago (WGO) surged more than 10% in the pre-market trading after the company beat...
Facilities giant CBRE expands Israel operations amidst West-Bank concerns
The world’s largest commercial real estate services and investment firm (based on 2017 revenue), CBRE Group Inc (CBRE), has agreed...
Starbucks shares plunge on weak sales outlook and store closure
Late on Tuesday, Starbucks rolled out some long-term strategic initiatives to regain momentum on both the top and bottom line....
PayPal to acquire Hyperwallet
PayPal Holdings Inc. (PYPL) has agreed to acquire Hyperwallet, a firm that specializes in payouts to sellers, for $400 million....
General Electric knocked out of Dow 30 Index; replaced by Walgreens
The troubled industrial behemoth General Electric (GE) has been kicked out of the Dow Jones Industrial Average (DJIA) index effective...
Oracle reports earnings and revenue beat for Q4
Computer technology company Oracle (ORCL), whose stock has remained almost flat year-over-year with not much to cheer for the short-term...
Brace yourselves! A mega partnership coming from self-driving car companies…
Major automakers that are involved in making autonomous vehicles have formed a group named The Partnership for Transportation Innovation and...
FedEx Q4 results beat expectations amid trade tensions
Broad-based revenue growth and favorable exchange rates pushed up earnings of shipping giant FedEx (FDX) in the fourth quarter. The...
Tech giants facing backlash after collaborating with government agencies
After Google’s Project Maven, it is now Microsoft (MSFT) and Amazon (AMZN) that are facing pressure from employees, investors and...
Housing starts rebound at the fastest pace in 11 years
Construction of new residential units in the United States increased at the fastest pace in nearly 11 years and exceeded...
Amazon will now give your building a locker to receive packages!
Amazon on Tuesday launched the Hub – a locker facility that will be installed in your apartment where you can...