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Audi CEO behind bars due to dieselgate emission scandal

Luxury carmaker Audi’s CEO Rupert Stadler was arrested on Monday due to the ongoing diesel emission scandal, which has been…

Google joins hands with Amazon’s rival in China

It’s Amazon (AMZN) on one side and the rest of the corporate world on the other. Everybody seems to be…

General Motors mulls IPO for its self-driving arm Cruise

Cruise Automation, the self-driving arm of GM (GM), is growing rapidly adding a lot of value to the Detroit automaker.…

Apple’s next business could be movies

Apple’s (AAPL) strategy for its online video services has been floundering for quite some time now. The tech giant who…

Comcast and Disney – a look at the tug of war for Fox

Now that the much-hyped AT&T-Time Warner acquisition has been completed, all eyes are on the next candidates – Comcast (CMCSA),…

Elon Musk might sell his Tesla stock to fund space travel in the future

Tesla chief Elon Musk says that in about 20 years, he plans to sell a ‘major’ stake in Tesla to…

Uber and its Chinese rival Didi to race in Australia

Uber seems to be facing an ongoing invasion of territory, or perhaps not. Didi Chuxing, the ride-hailing service giant in…

Snapchat joins privacy league with Snap Kit

Closely following its rivals, Snap (SNAP) is introducing privacy protection features into its product. The company has launched a Snap…

US retail sales beat expectations in May

US retail sales growth blew past expectations in May, primarily due to increased sales at gas stations, home centers, restaurants,…

Ford broadens clean energy push, rolls out fusion hybrid taxi

The fast-paced adoption of clean energy technology in the American automotive industry is truly a welcome gesture. And the latest…