X

Meet the new Goldman Sachs chief: DJ D-Sol

Along with its quarterly earnings report, banking giant Goldman Sachs (GS) today announced the appointment of its new CEO David…

Booking Holdings invests $500 million in Didi Chuxing

Didi Chuxing has quite a few plans going on. The Chinese ride-hailing firm secured an investment of $500 million from…

IBM seeks $167 million in settlement from Groupon

IT giant IBM (IBM) and coupon site Groupon (GRPN) have been at war over patents since 2016. IBM had accused…

Microsoft earnings preview: Expect thunderstorms out of the cloud

Microsoft (MSFT) is set to report its fourth quarter and full-year 2018 results on Thursday after the closing bell. The…

United Parcel Service starts testing smart lock technology

United Parcel Service (UPS) has reportedly started testing smart lock technology in New York City’s apartment buildings that let multiple…

Motorola bags 5-year US Army contract capped at $495 million

The US Army awarded Motorola Solutions (MSI) a five-year IDIQ contract capped at $495 million to upgrade its global mission-critical…

Deal Alert: Walmart, Microsoft find a common enemy in Amazon

Less than a week after striking a crucial deal with data-warehousing start-up Snowflake Computing to offer the latter’s service on…

Farnborough 2018: Boeing and Airbus land orders worth billions

The 2018 Farnborough Airshow, a biennial aviation display underway outside of London, has seen top airplane-makers Airbus and The Boeing…

FCC raises concerns over Sinclair-Tribune transaction

The ambitious merger between the most diversified local TV station operators, Sinclair (SBGI) and Tribune Media (TRCO) is in jeopardy…

Earnings Preview: Low valuation makes eBay stock a safe investment

For most e-commerce companies, business growth depends a lot on their ability to fight against Amazon (AMZN) effectively, and eBay…