Cambridge Analytica succumbs to data scandal; files for bankruptcy
There are many examples of thriving businesses getting embroiled in scandals that ultimately spoil their financial prospects, but rarely well-established…
Fox News appoints Suzanne Scott as its first female CEO
Suzanne Scott has been named Chief Executive Officer of Fox News and Fox Business Network. Scott, who was in charge…
The world’s first ‘holographic smartphone’ is coming to AT&T, Verizon
The much awaited — and profoundly mysterious — Google (GOOGL) Android offering of the year, the Red Hydrogen One, is…
Head of flying taxi program Jeff Holden is the latest to leave Uber
The deepening chaos at Uber, both in operations and governance, gives the impression that the company is struggling to cope…
Amgen stock increases as its new migraine treatment won FDA approval
People who experience frequent migraine headaches may soon find relief with the help of a new drug ‘Aimovig’ that won…
Costco’s rival BJ’s Wholesale Club to reenter public market
The membership-based warehouse operator BJ Wholesale Club, which competes with the likes of Costco (COST) and Sam’s Club, is all…
PayPal agrees to buy iZettle for $2.2 billion in the biggest acquisition till date
PayPal Holdings Inc. (PYPL) agreed to buy European payments services provider iZettle for $2.2 billion. The deal, which is expected…
Elon Musk offers LA residents $1 per ride in underground tunnels
As usual, Tesla (TSLA) CEO Elon Musk did not disappoint those who were eagerly waiting for his comments at the…