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Instagram Stories has double the number of users than Snapchat

The battle between Instagram and Snapchat has just got more tense. Instagram has stated that it currently has double the…

Guess which is the fastest-growing smartphone market… (Hint: Not China!)

Over the past few years, we have witnessed a rampant expansion of the smartphone market throughout the world, almost reaching…

Tesla’s information chief Gary Clark steps down

Tesla’s (TSLA) Chief Information Officer Gary Clark is leaving the company as part of its restructuring plan to achieve profitability…

Constellation Brands stock dips on Q1 earnings miss

Beer-maker Constellation Brands (STZ) reported an earnings miss, in spite of beating sales expectations for the first quarter of fiscal…

A timely gesture from Twitter brings accountability to political advertising

It’s an irony that most social media users consider online commercials as a distraction, though advertisements are the primary revenue…

Nike pops on earnings and revenue beat; North America returns to growth

Global sneaker giant Nike (NKE) reported above consensus earnings and revenue numbers for the fourth quarter, surpassing the management’s expectation…

Coffee Bean & Tea Leaf plans to open 100 stores in New York

It’s been hardly a week since Starbucks (SBUX) announced that it’s planning to close 150 under-performing stores across the US…

Amazon launches delivery partner program for small business owners

Amazon (AMZN) has launched a local delivery partner program for new entrepreneurs and small business owners, in a move to…

Chipotle changes its strategy with store closures and a new menu

Chipotle Mexican Grill (CMG) is all set to make some much-needed strategic changes. These include store closures, a menu revamp…

ZeniMax lawsuit: No ban on Oculus devices, fine on Facebook halved

In a breather to Facebook (FB), the court has rejected a video game company’s plea to ban the sale of…