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Month: May 2018

Xiaomi slapped with patent infringement charges by Coolpad

Xiaomi is faced with a hindrance as it moves towards its blockbuster IPO. The Mi series smartphone maker is slapped…

Dick’s Sporting Goods and gun companies part ways

Dick’s Sporting Goods (DKS) is losing allies over its new policies. Many large gun companies decided to end their association…

GameStop sinks as CEO Michael Mauler abruptly ends 3-month stint

The ongoing leadership crisis at GameStop (GME) took a new turn Friday when CEO Michael Mauler stepped down after holding…

Elon Musk’s Boring Company could offer free underground tunnel rides in few months

On Thursday, Elon Musk posted on his Instagram account about the progress of his Boring Company’s first underground tunnel in…

Gannett buys WordStream to smarten up digital marketing offerings

In an aggressive move aimed at augmenting its digital marketing solutions, USA Today parent Gannett (GCI) acquired Massachusetts-based WordStream for…

Market: Stocks to open in green after lackluster inflation data

US stocks are set to open higher after ending in the green territory on Thursday, following middling US consumer prices…

Symantec stock plunges after weak outlook

Symantec (SYMC) reported a narrower loss in the fourth quarter helped by an increase in the demand for cybersecurity-related products.…

Yelp’s Q1 revenue beat fails to impress the street

Yelp (YELP) reported its first quarter results after the bell. Revenue improved 13% to $223 million beating analyst estimates, primarily…

Dropbox beats market consensus in its maiden quarterly report

Cloud storage company Dropbox (DBX) in its maiden quarterly earnings report, topped revenue and earnings estimates for the first quarter.…

Apple’s latest OS bucks the jailbreaking trend

The Apple (AAPL) iPhone jailbreak communities have been pretty silent since February this year when Electra iOS 11 jailbreak with…