Snapcash will face judgment day soon
Snap (SNAP) is reportedly ending Snapcash, its mobile payment service, by August 30 after struggling in the crowded peer-to-peer payment...
Technology
Alphabet stock gains as Q2 earnings surge past estimates
A further spike in ad sales lifted Google parent Alphabet’s (GOOG, GOOGL) earnings in the second quarter, when the company...
Atos seeks to broaden US footprint with Syntel acquisition
French IT firm Atos SE announced plans to acquire the US IT services provider Syntel Inc. (SYNT) for $3.4 billion....
Desperate for profits, Musk turns to suppliers for refund
In almost 15 years of its existence, Tesla (TSLA) has never made a profit. But despite its liquidity woes, the...
Survival of the fittest: Amazon vs 15 companies
Amazon’s (AMZN) 36-hour Prime Day sales this week has turned the company into a cash cow as the stock is...
Verizon Q2 Earnings: what to watch on July 24?
Telecom major Verizon (VZ) is scheduled to announce its second-quarter earnings before the bell on Tuesday, July 24. This will...
Facebook ‘unfriends’ data sharing partner over privacy concerns
The ghost of Cambridge Analytica scandal seems to be still haunting Facebook (FB), which is currently holding an investigation into...
Tesla hides large number of Model 3 cars in a parking lot
Few Tesla (TSLA) lovers have spotted the electric car maker hiding Model 3 cars in an industrial area surrounding parking...
AT&T earnings preview: Will Q2 results exceed expectations?
AT&T (T) is scheduled to announce its June quarter earnings results on July 24 after the market close. Most of...
New round of tariffs could put pressure on Apple Watch and Fitbit
The new set of tariffs proposed on $200 billion of Chinese imports is likely to hit several gadgets such as...
General Electric posts adjusted EPS of $0.19 for Q2; beats estimates
Industrial conglomerate General Electric (GE) reported its second-quarter earnings before the bell today. The company reported a beat on revenue...
Unshaken by Android fines, Alphabet stands tall ahead of earnings
Though Google parent Alphabet (GOOG, GOOGL) has long been ramping up its non-core businesses, programmatic advertising and mobile search continue...
Comcast lets go of Fox; wants to pursue Sky
Comcast Corporation (CMCSA) decided to abandon its pursuit of 21st Century Fox (FOX), finally putting to rest all the speculations...
LIVE BLOG: Microsoft Q4 2018 earnings call
During the after-market hours, Microsoft stock is up 3.3% at 7:30 PM ET The company sees accelerating enterprise deployment of...
Microsoft missive on new Xbox hardware keeps everyone guessing
It’s been a long time since Microsoft (MSFT) provided updates on the Xbox hardware. Already excited over the company’s impressive...
Microsoft stock rises on upbeat Q4 earnings
Microsoft (MSFT) reported better-than-expected results for the fourth quarter 2018. Non-GAAP earnings of $1.13 per share on revenue of $30.08...
Move over, Apple! Amazon might be the first trillion-dollar company
Amazon.com Inc. (AMZN) is catching up fast with Apple Inc. (AAPL) in the race to reach $1 trillion in market...
In-line outlook, cloud revenue push IBM shares up after Q2 results
Earnings of technology conglomerate IBM (IBM) rose 3% in the second quarter, as strong cloud revenue lifted the top line....
Walmart plans launch of video streaming service to compete with Netflix
Walmart Inc. (WMT) is planning to launch its own video streaming service to compete with streaming giant Netflix Inc. (NFLX)...
EU regulators ask Google to pay $5-billion fine for Android abuse
The ongoing crackdown against technology firms by various regulatory agencies, amidst concerns of data security and monopolization, indicates the tech...
Texas Instruments CEO Brian Crutcher quits over violation of code of conduct
Texas Instruments (TXN) reported that its CEO Brian Crutcher has resigned on the grounds of violating company’s code of conduct....