China’s richest eye Xiaomi IPO despite Shanghai index slump
As smartphone giant Xiaomi Corp readies itself for a mammoth IPO in Hong Kong, China’s billionaires are circling for a…
Why semiconductor stocks tumbled today?
Trade war tensions battered the US stock market today. Dow, S&P 500 and Nasdaq indexes were down 1.33%, 1.37% and…
Busy days ahead for the virtual space as cloud migration gathers steam
The leading cloud service providers have one thing in common – in most cases cloud is not their core business,…
Campbell rallies on rumored deal with Kraft
Reports have emerged that Kraft Heinz (KHC) is interested in buying Campbell Soup (CPB), sending Campbell shares soaring 10% during…
General Electric close to selling the industrial engine unit
The much-delayed sale of General Electric’s (GE) industrial gas engines unit is close to being finalized. Divesting the unit, which…
Trade war forces Harley-Davidson to shift production from the US
Thanks to the brewing trade war between the US and its allies, numerous automobile companies having customers around the globe…
Incoming Intel CEO has a plate full of problems to solve
Intel Corp. (INTC) is facing a shakeup after the unexpected exit of its CEO Brian Krzanich over non-fraternization policy violations.…
AT&T buys AppNexus, will compete with Facebook and Google in digital ad space
Only a few days after getting the court’s green signal for the Time Warner deal, AT&T (T) has inked an…
BGR leaks reveal budget iPhone X with upgraded LCD screen
Apple initiated its major design overhaul with the iPhone X in 2017. While the iPhone 8 and 8 Plus were…