Xiaomi reports $1.1 billion loss before going public
Xiaomi that is gearing up for a flamboyant market debut, posted a staggering loss in the initial three months of the year. The company is…
Xiaomi that is gearing up for a flamboyant market debut, posted a staggering loss in the initial three months of the year. The company is…
Global investment firm KKR (KKR) agreed to buy Envision Healthcare Corp (EVHC) in an all-cash transaction of $9.9 billion. The is expected to close by…
Amazon (AMZN) relishes pampering its Prime members! In its latest announcement, the e-commerce giant has announced that Whole Foods Market will expand its Prime-exclusive discounts to…
Two major events are happening this week. The first is that starting today, the net neutrality rules that came into effect during the Obama administration…
Amidst ongoing allegations of brutal working conditions at Amazon (AMZN), US-based China Labor Watch has now attacked the e-commerce giant and its contract manufacturer Foxconn…
Boeing (BA) CEO Dennis Muilenburg’s statement last week at an interview that his company would be the first to reach Mars, and SpaceX CEO Elon…
Earlier we had published a story on Google’s Pentagon project facing opposition from its employees. Alphabet (GOOGL) subsidiary Google announced this week that it was…
With every passing day, Facebook (FB) is giving its users more reasons to believe their accounts are no longer secure. And, it seems there is…
McDonald’s (MCD) has decided to cut jobs as part of its corporate restructuring efforts which aims to save around $500 million of administrative expenses by…
Discount retailer Target is gearing up to fend off competition from online giants Amazon (AMZN) and Walmart (WMT) during the coming holiday season. The retailer…