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KaiOS sets stage for feature phone vs smartphone clash

At a point of time when even some of the top business executives are criticizing the ill-effects of increased penetration…

Guess who is a Google Cloud customer – Apple!

Yes, you heard that right! Apple is indeed a Google Cloud customer. Many would recall that, back in 2016, there…

Survival of rebel stock exchange in peril after patent infringement suit

The rivalry between Nasdaq and IEX Group, the controversial startup stock exchange rolled out some years ago by a former…

Bill Gates on cryptocurrency, Hyperloop and some more

When the world’s second richest man has something to say, you may want to listen.  Microsoft co-founder Bill Gates shared…

P&G trimmed $200 million in digital ad costs last year

Procter & Gamble (PG), the world’s biggest marketer, last year raised a few eyebrows after it highlighted how broken and…

Verizon, Straight Path pay massive FCC fine

Verizon and Straight Path Communications paid a $614.3 million fine to the Federal Communications Commission (FCC). The FCC had accused…

Foot Locker Q4 2017 earnings snapshot

Athletic footwear and apparel retailer Foot Locker (FL) reported a loss of $49 million in the fourth quarter. The company's…

J. C. Penney Company, Inc. Q4 2017 earnings snapshot

J. C. Penney today reported earnings for its holiday quarter, reflecting marginal gains in sales, impacted by lower promotional activity…

Sinclair inches closer to Tribune deal

The much debated Sinclair-Tribune deal is now inching closer to its final stage. According to the latest update, the takeover…

Old Navy keeps Gap Inc. afloat

Gap Inc. reported an 8% increase in total sales for its fourth quarter of 2017 while its same-store sales beat…