Month: August 2018
5G smartphone is here, but 5G isn’t
Lenovo-owned Motorola has launched what it claims to be the first 5G smartphone. Moto Z3 along with the magnetic 5G…
GE employee steals confidential files, hides them in a picture of sunset
General Electric Company (GE) received a rude shock after one of its employees was arrested for stealing confidential information. Chinese-American…
Why $1 trillion is just a pit stop for Apple
When a decade ago PetroChina hit the magic number of $1 trillion, management and shareholders raved. However, the celebration was…
Job growth slows in July; Unemployment rate near historic low
A day after the Federal Reserve sounded caution on the rising inflationary pressure, there is some encouraging news from the…
Oil price: Uncertainties rife in the long-term
Oil prices saw an initial drop before steadying on Friday while long-term factors point to further pressures in the market.…
Groupon shares fall as Q2 results miss analysts estimate
Shares of Groupon (GRPN) fell 7% during the pre-market trading after the company reported second-quarter results as it missed analysts…
Kraft Heinz stock jumps as Q2 results beat street view
An uptick in overseas sales pushed up Kraft Heinz’ (KHC) adjusted earnings in the second quarter, which also came in…
CBS stock fumbles despite solid Q2 results
Just a couple of days after the CBS board ordered an investigation against the CEO Les Moonves, the company reported…
Google seems to be sitting on an ethical seesaw
Alphabet Inc. (GOOGL) unit Google is looking to re-enter China and reportedly has plans to launch a search engine in…