Home » Featured

WhatsApp: One Million in India Test Payment Service

WhatsApp: One Million in India Test Payment Service

Nearly one million people across India have been testing the payment service of WhatsApp, and the messaging service said it’s working with the government in India, the National Payments Corporation... 
China’s Ride-Hailing Giant Didi Chuxing to Launch in Australia

China’s Ride-Hailing Giant Didi Chuxing to Launch in Australia

Didi Chuxing, the leader in ride-hailing for China is continuing to expand internationally with its announcement of launching this month in Australia. The company, which acquired the China business... 
Toyota Invests $1 Billion in Ride-hailing Company Grab

Toyota Invests $1 Billion in Ride-hailing Company Grab

A big bet has been placed by Toyota on the largest Southeast Asia ride-hailing company. The automaker based in Japan is investing $1 billion into Grab, which is based in Singapore. The investment... 
Sources: KKR Nearing Agreement to Buy Envision

Sources: KKR Nearing Agreement to Buy Envision

KKR & Co. the private equity company is close to reaching an agreement to buy Envision Healthcare Corp., the U.S.-based provider of physician services for a per share price of $46, equal... 
Airlines Warning Higher Fares on the Way with Fuel Prices Rising

Airlines Warning Higher Fares on the Way with Fuel Prices Rising

Jet fuel has risen in cost by as much as 50% over the last year and airlines top executives have started to warn they might need to increase ticket prices as well as cut capacity if the cost... 
Security Breach at MyHeritage Exposes Over 92 Million Emails

Security Breach at MyHeritage Exposes Over 92 Million Emails

The family tree and genetic analysis website MyHeritage was breached in 2017 by unknown hackers, who succeeded in stealing emails and hashed passwords for all of the more than 92 million registered... 
Microsoft More Valuable by $10 Billion Than Alphabet

Microsoft More Valuable by $10 Billion Than Alphabet

When Microsoft was first passed by Google six years ago with regard to stock market capitalization, it appeared like the two companies were headed in distinctly opposite directions. However,... 
Workers at Harley-Davidson Say Closure of Plant Is a Bad Dream

Workers at Harley-Davidson Say Closure of Plant Is a Bad Dream

Worker for Harley-Davidson from across the U.S. are reeling following a new report has revealed that a plant closure as well as layoffs were planned even though the company expected to receive... 
Victoria’s Secret Planning Image Upgrade to Attract Younger Women

Victoria’s Secret Planning Image Upgrade to Attract Younger Women

Underwear, bra, lounge, sports and intimate wear maker Victoria’s Secret is attempting to attract younger women as well as entice back former clients through focusing on its core categories... 
Sony Will Acquire Stake of Mubadala in EMI Music Publishing

Sony Will Acquire Stake of Mubadala in EMI Music Publishing

A wholly owned subsidiary of Sony, Sony Corporation of America, has reached an agreement to acquire the entire stake currently held by Mubadala Investment, an Abu Dhabi consortium, of EMI Music... 
President Trump Pressured Postal Service to Double Rates for Amazon

President Trump Pressured Postal Service to Double Rates for Amazon

According to a report on Friday in The Washington Post, President Donald Trump personally pressured the U.S. Postal Service to double the rate that it charges Amazon for delivering packages. Trump... 
Tencent Sees Profit Increase of 61% Thanks to Games Business

Tencent Sees Profit Increase of 61% Thanks to Games Business

On Wednesday, Tencent reported its earnings for the first quarter that beat Wall Street expectations boosted by its hugely successful gaming business. Shares in the second most valuable Asian... 
Following Scandal Involving Cambridge Analytica 200 Apps Suspended by Facebook

Following Scandal Involving Cambridge Analytica 200 Apps Suspended by Facebook

On Monday, Facebook announced that close to 200 apps have been suspended amidst the ongoing internal investigation that was prompted as a result of the scandal involving Cambridge Analytica into... 
Obamacare Rules for Calorie Counts Take Effect

Obamacare Rules for Calorie Counts Take Effect

President Donald Trump has decided to allow one of Obamacare’s rules to remain. On Monday, the rule requiring chain restaurants to post their calorie counts went into effect. The rules are... 
China’s Xiaomi Filing for Big IPO in Hong Kong

China’s Xiaomi Filing for Big IPO in Hong Kong

Xiaomi, one of the biggest makers of smartphones in the world, has filed to become a public company in Hong Kong in what should be a massive initial public offering. The Chinese company handed... 
Twitter Teaming Up with Disney for Live Sports and More

Twitter Teaming Up with Disney for Live Sports and More

Twitter has signed over 30 deals with media publishers that include NBCUniversal and Walt Disney Co. to increase its offerings of videos with more news, sports and entertainment. NBCUniversal,... 
Stock Markets in Canada Shut Abruptly By Technical Problem

Stock Markets in Canada Shut Abruptly By Technical Problem

The stock market in Canada is the sixth largest in the world and on Friday shut down abruptly after an outage kept market participants from the main exchanges. However, officials at the exchange... 
Sales and Profits Surge at Google

Sales and Profits Surge at Google

Business at Google is very good despite worries over data privacy. Google’s parent company, Alphabet, posted a $9.4 billion profit for the first quarter of 2018, which was up from last year’s... 
ZTE: U.S. Ban Severely Impacts Survival and Hurts American Businesses

ZTE: U.S. Ban Severely Impacts Survival and Hurts American Businesses

On Friday, ZTE, based in China, said that the ban by the U.S. on exports to the technology company could threaten its survival as well as adversely affect companies in the U.S. Earlier during... 
Ban on Selling to ZTE is Big Blow to Qualcomm

Ban on Selling to ZTE is Big Blow to Qualcomm

The decision made by the U.S. to ban American businesses from selling components to ZTE Corp the China-based telecom equipment maker will hit a big target located at home as Qualcomm, a U.S.... 
Citigroup Beats Expectations for Earnings

Citigroup Beats Expectations for Earnings

On Friday, Citigroup posted quarterly revenue and earnings that beat Wall Street expectations in part thanks to lower corporate taxes as well as strong revenue generated through stock trading. Revenue... 
WeWork Buying Competitor in China Naked Hub

WeWork Buying Competitor in China Naked Hub

WeWork will buy one a competitor located in China following its release of confirmation it would buy Naked Hub. The deal has already been reported widely by media in China but now WeWork has... 
Google Appealing India Search Bias Antitrust Verdict

Google Appealing India Search Bias Antitrust Verdict

Google the online search behemoth filed an appeal against a judgement from the competition watchdog in India at the National Company Law Appellate Tribunal or NCLAT. The judgement found that... 
Best Buy Opening First New Store in U.S. in Over Seven Years

Best Buy Opening First New Store in U.S. in Over Seven Years

Best Buy will open its first new store in the United State in the last seven years. The electronics chain based in Richfield, Minnesota is opening a store of 36,000 square feet in a lifestyle... 
Jet Airways Buying 75 Boeing Jets as Passenger Demand Grows

Jet Airways Buying 75 Boeing Jets as Passenger Demand Grows

India’s Jet Airways has agreed to purchase 75 Boeing 737 MAX narrow body jets for $8.8 billion, as passenger demand increases and shows no signs of abating following years of growth. Jet Airways,... 
BMW and Daimler to Combine Businesses of Car-Sharing

BMW and Daimler to Combine Businesses of Car-Sharing

Leading luxury carmakers in Germany BMW and Daimler joined forces to grow their new services business like electric vehicle charging and car-sharing to battle with Uber in the U.S. and with Didi... 
Whole Foods Seeing More Short Visits Due to Amazon Lockers

Whole Foods Seeing More Short Visits Due to Amazon Lockers

Whole Foods stores with Amazon.com lockers installed are receiving many more shorter visits from customers, giving the organic and natural foods retailer another way of boosting sales, shows... 
Reports: Best Buy Cutting Ties with Huawei

Reports: Best Buy Cutting Ties with Huawei

Best Buy, the largest consumer electronics retailer in the U.S., will cut its ties with Huawei Technologies Co, based in China, reported one person who is familiar with this situation. This news... 
Uber Self-Driving Car Hits and Kills Pedestrian

Uber Self-Driving Car Hits and Kills Pedestrian

A self-driving car of Uber struck and killed a woman who was crossing the street on Monday in Arizona, said police. This marked the first fatality involving autonomous vehicles and a possible... 
U.S Looks into Four Hyundai-Kia Car Deaths Due to Air-Bag Failure

U.S Looks into Four Hyundai-Kia Car Deaths Due to Air-Bag Failure

In some Kia and Hyundai cars air bags have not inflated when a vehicle crashes and four people have died. The road safety agency of the U.S. wants to know the reason why this has happened. The... 
Google Banning Ads for Cryptocurrency and Initial Coin Offering

Google Banning Ads for Cryptocurrency and Initial Coin Offering

Google will soon ban any online advertising that promotes initial coin offerings and cryptocurrencies beginning in June. This is part of the company’s broader crackdown on marketing of new... 
Shares of Prada Surge Thanks to Demand in China

Shares of Prada Surge Thanks to Demand in China

Prada shares surged by 14% Monday after the maker of luxury goods based in Italy announced that it reversed its sales declines during the second six months of 2017 and was expecting to see a... 
Big Concern Saudis Have About New York Listing

Big Concern Saudis Have About New York Listing

Wall Street may be at risk of missing out on the largest all-time oil deal, as Saudi Arabia is considering where it will sell it shares from for Aramco, its behemoth oil company and London, New... 
Levi’s Introduces Laser-Made Jeans

Levi’s Introduces Laser-Made Jeans

Known more commonly as just Levi’s, Levi Strauss the jean maker, is moving towards digitalizing technology that uses lasers to make designs on jeans, a project the company has called “Project... 
Kohl’s to Host as Many as 10 Aldi Grocery Stores

Kohl’s to Host as Many as 10 Aldi Grocery Stores

If you wonder what thinking has helped fuel the return to form of Kohl’s, all you need to look at is its just announced partnership with grocer Aldi. The company, which Thursday posted its... 
Doorbell Startup Ring Acquired by Amazon

Doorbell Startup Ring Acquired by Amazon

If Amazon is successful in turning its Alexa into the operational brain of a modern smart home, Ring will be giving it its eyes. Amazon expanded its network of household, internet-connected gadgets... 
Microsoft Case Over Email Privacy to be Heard by Supreme Court

Microsoft Case Over Email Privacy to be Heard by Supreme Court

On Tuesday, Supreme Court justices will hear arguments in a case involving digital privacy that could result in broad global consequences. The court, in the case United States v. Microsoft Corp,... 
HP Inc. Beats Expectations, Raises Profit Forecast for 2018

HP Inc. Beats Expectations, Raises Profit Forecast for 2018

On Thursday, HP Inc. posted revenue and profit for the first quarter that beat expectations on Wall Street as it sold more PCs and printers, which helped the company increase its profit forecast... 
Slowing Auto Sales in U.S. Make Japan Automakers Rethink Discounts

Slowing Auto Sales in U.S. Make Japan Automakers Rethink Discounts

The second straight year of slowing growth for the auto market in the U.S. is forcing automakers from Japan to reconsider their discounts to increase market share and place more focus on increasing... 
Demo Satellites for High Speed Internet to be Launched by SpaceX

Demo Satellites for High Speed Internet to be Launched by SpaceX

SpaceX owned by Elon Musk has a goal of delivering high-speed Internet to the entire world using small satellites that could number in the thousands, and this week the plan moves closer to become... 
Sale of Chicago Stock Exchange Blocked by SEC

Sale of Chicago Stock Exchange Blocked by SEC

On Thursday, U.S. regulators killed off sale of the Chicago Stock Exchange to a China-based lead group of investors saying that a lack of background information on the buyers was a threat to... 
Under Armour Struggles in North America, But Strong Internationally

Under Armour Struggles in North America, But Strong Internationally

Kevin Plank the CEO at Under Armour said the company will focus the brand during 2018. Shares of Under Armour were given a boost from a revenue beat for the fourth quarter, but more than one... 
Reports: Amazon Paid Camera Maker $90 Million for Chip Technology

Reports: Amazon Paid Camera Maker $90 Million for Chip Technology

Sources say that Amazon.com paid as much as $90 million in the acquisition of the Blink home security camera maker late in 2017, in a bet it kept secret on the energy-efficient chips of the startup. The... 
Didi and SoftBank Targeting Japan with Push into Ride Hailing

Didi and SoftBank Targeting Japan with Push into Ride Hailing

China-based Didi Chuxing and Japanese tech giant SoftBank Group will be rolling out a new venture later this year in Japan providing ride-hailing services, amidst a worldwide battle to control... 
Overhaul of Snapchat Has Investors Convinced

Overhaul of Snapchat Has Investors Convinced

Snapchat’s owner Snap Inc. reported on Tuesday substantial growth in its users and revenue during its most recently-ended quarter, which revived hopes the social media app can survive the competition... 
Price of iPhone X in India Reaches $1,700

Price of iPhone X in India Reaches $1,700

Apple increased the price in India of its iPhones. The hike in price effective immediately arrives less than one week after the government of Prime Minister Narendra Modi said it would increase... 
Alphabet Misses on Profit as Spending Increases

Alphabet Misses on Profit as Spending Increases

Google’s parent company Alphabet Inc. came up short on forecasts for quarterly profit as a steady growth in ad sales was offset by more spending to promote consumer gadgets, cloud computing... 
Facebook Urged by Health Experts to Shutter Messenger Kids

Facebook Urged by Health Experts to Shutter Messenger Kids

Advocates of child development are urging Facebook to stop its new app Messenger Kids, which the social media giant targets children between the ages of 6 and 12. Over one dozen organizations... 
White House National Security Team May Nationalize 5G Network

White House National Security Team May Nationalize 5G Network

The national security team of the White House administration is considering its options to counter a threat of spying by China on U.S. phone calls. One of the options is the government building... 
Walmart to Battle with Amazon Selling Ebooks

Walmart to Battle with Amazon Selling Ebooks

Walmart will team up with Rakuten Kobo the e-reader maker to enter an ebooks market that is dominated by Amazon.com. At some point later this year, Walmart is going to start selling Kobo e-readers,...