Uber and its Chinese rival Didi to race in Australia
Uber seems to be facing an ongoing invasion of territory, or perhaps not. Didi Chuxing, the ride-hailing service giant in...
Snapchat joins privacy league with Snap Kit
Closely following its rivals, Snap (SNAP) is introducing privacy protection features into its product. The company has launched a Snap...
US retail sales beat expectations in May
US retail sales growth blew past expectations in May, primarily due to increased sales at gas stations, home centers, restaurants,...
Ford broadens clean energy push, rolls out fusion hybrid taxi
The fast-paced adoption of clean energy technology in the American automotive industry is truly a welcome gesture. And the latest...
Adobe stock plunges despite solid Q2 results
Adobe (ADBE) today reported better-than-expected second quarter results. The company’s revenue jumped 24% to $2.20 billion and earnings, on an...
VIDEO: Watch NASA astronauts take a SPACEWALK
What a brilliant time to be alive. NASA broadcasted a spacewalk LIVE earlier today. To say, it was glorious, is taking...
Elon Musk’s Boring Company wins Chicago airport train bid
Elon Musk has pulled it off once more. The Boring Company CEO has won a multi-billion dollar bid to construct...
Facebook might go from fake news to ‘no news’
The path-breaking transformation of social media platforms into news sources in recent years seems to be a trend that is...
Apple’s latest feature will be a nightmare to law enforcement agencies
Apple’s (AAPL) conviction of protecting user information just took a level up with its latest update, in a move that...
Netflix: Almost THRICE as big as it was last year!
Netflix is on a roll. The stock is two-and-half times what it was a year ago. And the latest AT&T...
Tax reform spells doom for H&R Block, stock plunges most in 30 years
The early months of the year witnessed several companies reporting unusually large quarterly profits, mostly benefitting from the tax reforms...
Fred’s Inc. reports first quarter 2018 results
Fred’s Inc. (FRED) reported a 5.8% decline in net sales to $437.1 million during the first quarter of 2018 compared...
Microsoft may team up with Walmart to outshine Amazon in checkout-free shopping
Microsoft Corp (MSFT) appears to be making an effort to take on Amazon (AMZN) in a subtle way through the...
The storm is over now, but ZTE needs to pay the price
Shares of embattled Chinese phone maker ZTE edged up on Thursday after it took the first key step towards fixing...
GM plans 20 new EVs by 2023 to fuel its clean-energy initiative
Continuing the efforts to ramp up its electric vehicle portfolio, General Motors (GM) is planning to roll out as many...
Comcast bids $65 billion for Twenty-First Century Fox
After the unconditional AT&T – Time Warner deal, CNBC’s parent company Comcast (CMCSA)/21st Century Fox (FOXA) deal was highly in...
Elon Musk increases his stake in Tesla; buys 72,500 shares
Tesla revealed in its SEC filing today that its CEO Elon Musk had bought the company’s stock for $25 million....
Dhivya Suryadevara becomes GM’s first woman CFO, succeeds Chuck Stevens
In what could be termed a rare distinction, General Motors (GM) will soon have a second woman executive in its...
Toyota makes a massive investment in Grab
Toyota Motor Corp. will make a $1 billion investment in Singapore-based cab service company Grab. The investment, which is the...
VIDEO: Microsoft Office gets a new look
Microsoft (MSFT) has finally decided to bring its “fluent” design language from Windows 10 to its most coveted app suite...
Stryker confirms that it didn’t bid for Boston Scientific
Two days after the acquisition speculation sparked in the internet, medical equipment maker Stryker (SYK) stated today in an 8-K...