Alphabet’s drone, balloon units fly out to become independent entities
Over the years, Google parent Alphabet (GOOG, GOOGL) has been successful in perfecting most of its seemingly whacky ideas through...
Technology
Fox raises bid for Sky to $32.5 billion; Wall St eager for Comcast’s response
21st Century Fox (FOX) has increased its bid for Sky plc (SKY) to $32.5 billion. Fox’s price is at a...
Amazon’s Prime Day sales in jeopardy as European workers plan massive boycott
Only a few days ahead of Amazon’s (AMZN) marquee event, the Prime Day, various European workers’ unions as well as...
Mercury Systems stock looks bullish in the long run
The recovery of Mercury Systems (MRCY) from the April-end slump seems to have slowed down after a 16% jump. Shares...
Facebook escapes $2 billion penalty for now, slapped smaller fine
The Cambridge Analytica scandal came biting once again as Facebook (FB) was slapped with a fine of £500,000 ($662,900) by...
VOXX International Q1 loss narrows on lower expenses
Audio equipment maker VOXX International (VOXX) Tuesday said its net loss narrowed slightly in the first quarter, helped mainly by...
Simulations Plus revenue jumps 27% for Q3
Drug discovery and development software developer Simulations Plus (SLP) reported upbeat results in its third quarter with revenue climbing 26.7% to...
Forget the hype: 6 headwinds to Netflix’s growth that you neglected
Netflix (NFLX) stock has been trading at a yearly high after a June-end report stated that the cable-killer could see...
Uber invests in e-scooter startup Lime
For commuters, electric scooters are emerging as the need of the hour. Increased demand in e-bikes has led to a...
Xiaomi makes a stellar rebound after a dud debut
First days can be tough – ask Xiaomi. After a sloppy debut on Monday, the Chinese smartphone maker made a...
Electronic Arts is a good buy ahead of Battlefield 5 launch
On June 11 at the Electronic Entertainment Expo 2018 held at Los Angeles Convention Center, Electronic Arts (EA) announced that...
Apple App Store turns 10
Apple’s (AAPL) App Store is turning 10 on July 10. The App Store, which was launched in 2008 with 500...
Groupon may soon find a deal for itself
Shares of embattled daily-deals website Groupon (GRPN) surged on Monday after the company announced that it is looking for a...
HBO faces ‘Game of Changes’ under AT&T
Warner Media subsidiary HBO will be facing tough changes under the new leadership of AT&T (T). John Stankey, head of...
Microsoft might unveil cheaper Surface model this week
A fierce competition is going on in the tablet market. In order to compete with Apple (AAPL) and Google (GOOGL),...
BREAKING: Twitter stocks are tanking today. Here is why
Twitter (TWTR) is likely heading towards its worst single-day decline, losing as much as 8.4% of its value in the...
Xiaomi’s Hong Kong debut fails to impress
Chinese smartphone company Xiaomi made a disappointing debut in Hong Kong on Monday, after it opened below its IPO price...
Smart speaker maker Sonos is the latest tech firm to go public
Wall Street has been witnessing a rush of companies filing to go public, encouraged by the favorable IPO market and...
Comcast could again make a move for Fox, but will Disney let go?
Wall Street has a feeling that Comcast (CMCSA) is not done with 21st Century Fox (FOX). Analysts believe there is...
Amazon looks to ‘cash in’ on Toy R Us demise during holiday season
When Toys R Us was on the verge of bankruptcy a few months ago, the iconic toy seller had blamed...
Apple snubs Intel as supplier of 5G modems for 2020 iPhones
It appears that Apple’s (AAPL) decade-long partnership with Intel (INTC) is on the verge of collapse. The iPhone maker is...