FCC fines AT&T $5.25 million over major outages in 2017
When an unplanned downtime occurs, every second counts, as it can have a grave impact on the business. Unfortunately, for...
KB Home stock rebounds after Q2 earnings beat
Benefitting from the strong demand for residential properties and higher prices, revenues of KB Home (KBH) rose sharply in the...
Instagram Stories has double the number of users than Snapchat
The battle between Instagram and Snapchat has just got more tense. Instagram has stated that it currently has double the...
Guess which is the fastest-growing smartphone market… (Hint: Not China!)
Over the past few years, we have witnessed a rampant expansion of the smartphone market throughout the world, almost reaching...
Tesla’s information chief Gary Clark steps down
Tesla’s (TSLA) Chief Information Officer Gary Clark is leaving the company as part of its restructuring plan to achieve profitability...
Constellation Brands stock dips on Q1 earnings miss
Beer-maker Constellation Brands (STZ) reported an earnings miss, in spite of beating sales expectations for the first quarter of fiscal...
A timely gesture from Twitter brings accountability to political advertising
It’s an irony that most social media users consider online commercials as a distraction, though advertisements are the primary revenue...
Nike pops on earnings and revenue beat; North America returns to growth
Global sneaker giant Nike (NKE) reported above consensus earnings and revenue numbers for the fourth quarter, surpassing the management’s expectation...
Coffee Bean & Tea Leaf plans to open 100 stores in New York
It’s been hardly a week since Starbucks (SBUX) announced that it’s planning to close 150 under-performing stores across the US...
Amazon launches delivery partner program for small business owners
Amazon (AMZN) has launched a local delivery partner program for new entrepreneurs and small business owners, in a move to...
Chipotle changes its strategy with store closures and a new menu
Chipotle Mexican Grill (CMG) is all set to make some much-needed strategic changes. These include store closures, a menu revamp...
ZeniMax lawsuit: No ban on Oculus devices, fine on Facebook halved
In a breather to Facebook (FB), the court has rejected a video game company’s plea to ban the sale of...
Google’s internal message boards are not ‘free-for-all’ anymore
The tech world is passing through a crucial phase of policy changes aimed at streamlining internal activities and enhancing customer...
Kroger customers, your grocery delivery is coming in robo-cars
The automation fad is catching up fast in the retail sector where the leading players keep on innovating to fight...
A glance at the Sprint-T-Mobile merger and what comes with it
T-Mobile (TMUS) and Sprint (S) want to merge and they are trying to convince the authorities that they are doing...
Starbucks CFO announces retirement
Starbucks Corporation (SBUX) announced the retirement of its Executive Vice President and Chief Financial Officer, Scott Maw, effective November 30,...
Amazon swallows online pharmacy PillPack; gives a bitter pill to other drug store firms
Amazon (AMZN) inked a merger agreement with online pharmacy PillPack for an undisclosed amount. This deal, which is expected to...
Amgen posts top-line results for Remicade alternative in Phase 3 trial
Amgen (AMGN) announced positive top-line results from the phase 3 trial of its biosimilar candidate ABP 710. The drug is...
Brighthouse Financial stock loses shine as it hits all-time low
Shares of Brighthouse Financial (BHF), which spun-off from Metlife (MET) in 2017, touched an all-time low of $40.22 on Wednesday...
Accenture beats earnings estimates as revenue jumps 16%
Professional services company Accenture (ACN) reported Q3 earnings that topped analysts estimates. During the quarter, the company reported earnings of...
Walgreens Boots Alliance sales jump in third quarter
Walgreens Boots Alliance (WBA) reported sales of $34.3 billion for the third quarter of 2018, an increase of 14% from...