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Netflix now leads download traffic, beats torrents and PlayStation downloads

Video takes up 58% of the total downstream volume of the internet today. And the slice of Netflix (NFLX) in…

Top Facebook investors ask for Mark Zuckerberg’s removal as chairman

Facebook’s (FB) major investors are asking for the removal of CEO Mark Zuckerberg as chairman of the board. The group…

Audi agrees to pay $926 million fine in dieselgate scandal

Three years after the emission cheating scandal rocked the auto industry, Volkswagen subsidiary Audi has now agreed to settle a…

Video Viewing – Here’s one more to the Facebook lawsuit list

Social media giant Facebook Inc. (FB) is marred litigations this year. Let’s take a look at some of the lawsuits…

Fresh hope for GE Power after Trump lobbies for major deal with Iraq

Despite the deteriorating financial health and operational challenges, General Electrical (GE) has remained buoyant about its turnaround strategy and issued…

All key comments from Netflix Q3 earnings conference call

Netflix (NFLX) on Tuesday posted yet another blowout quarterly figures, sending its stock up 10% during aftermarket trading. The streaming…

Here’s what American youngsters want in their smartphones

Smartphones have now become part of us. From an accessory, it has morphed to a necessity for some, and a…

Northern Trust stock falls on weak Q3 results

Northern Trust Corporation (NTRS) reported a 26% jump in earnings for the third quarter helped by higher net interest income,…

Abbott posts strong Q3 results, narrows full year outlook

Pharmaceutical giant Abbott Laboratories (ABT) delivered a 12% increase in third-quarter revenue to $7.7 billion, helped by a 43% increase…

Winnebago stock jumps 8% after strong Q4 results

Recreational vehicles maker Winnebago (WGO) reported strong earnings and revenue growth for the fourth quarter, supported by higher demand for…