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Adobe Systems stock falls despite upbeat Q3 results
Adobe Systems (ADBE) reported a 59% jump in earnings for the third quarter as the fast-paced subscription growth, specifically Digital…
A bumpy ride for GM as steering malfunction triggers more recalls
General Motors (GM) is probably paying the price for not learning from past mistakes; what else could explain the recurring…
Facebook: A look at life after the F8 conference
Back in May, Facebook (FB) announced several plans at its F8 Facebook Developers conference. The company said it would bring…
Fred’s Inc. misses Q2 revenue estimates; delivers net loss
Fred’s Inc. (FRED) missed market expectations on revenues for the second quarter of 2018. Net sales dropped 4.3% to $419.7…
Kroger stock declines 9% on Q2 revenue miss
The Kroger Co. (KR) topped analysts' expectations for Q2 earnings but slightly missed the mark on revenues. Identical-store sales, excluding…
Facebook will now use artificial intelligence to tackle offensive memes
Facebook (FB) has been investing significantly in artificial intelligence and machine learning capabilities. The company will now use these capabilities…
Tesla’s Chinese rival Nio fails to impress with IPO
Chinese carmaker NIO Inc. went public in New York today under the ticker symbol NIO but its IPO failed to…
Amazon Business: Amazon’s magic beanstalk
Amazon.com (AMZN) has a proverbial magic beanstalk in its business-to-business platform Amazon Business, which has reportedly hit over $10 billion…
Apple Event LIVE: Say hello to iPhone XS, XS Max and the cheaper iPhone XR!
Live updates from the Apple Special 'Gather Round' Event on September 12, 2018. Coverage began at 1 PM ET.…
Boeing goes the extra mile as orders for 737 soar
The outlook for the aviation industry has never been so bullish, with companies thriving on the growing travel needs of…
Yamaha and Gogoro to build battery-swapping electric scooters
Yamaha has joined hands with Gogoro on battery-swapping electric scooters. The Japanese motorcycle manufacturer has set its footprint in the…
From tech to auto, tariffs hit several companies on the head
The trade war between the US and China is heating up and with additional rounds of tariffs being declared, several…
Alibaba deepens digital footprint in Russia with local tie-ups
At a time when the online marketplace is nearing saturation in terms of innovation, Alibaba (BABA) is taking things to…
Renesas set to acquire chipmaker IDT for $6.7 billion
Japanese firm Renesas Electronics announced its plans to buy US chipmaker Integrated Device Technology (IDTI) for $6.7 billion. The $49…
Tesla Model S engulfed in fire in Poland
The Volunteer Fire Brigade of Wałbrzych, Poland, posted an image on Monday of four firefighters trying to extinguish a blaze…
Tesla looks to tackle production woes with lesser paint options
Tesla (TSLA) regained some lost ground this week, ending yet another phase of value erosion, after investors responded positively to…
Volkswagen faces $10.6 billion lawsuit from investors
German auto major Volkswagen’s (VOW) is yet again in the news due to the dieselgate scandal. The company is facing…
Uber names Rebecca Messina as its first CMO
Uber, which appointed Nelson Chai as its CFO last month, added one more top executive to its management team. The…
Top 11 Tesla Model 3 contenders
After recovering from the production delays, Tesla's (TSLA) Model 3 has once again reverted to delivery setbacks and customer service…
Snap shares drop after strategy chief decides to step down
Snap (SNAP) shares fell as much as 1.8% during pre-market trading after an SEC document revealed that its chief strategy…
Alibaba gets a new no-nonsense chief as Jack Ma looks to retire
Much a mystery to many, CEO Daniel Zhang will soon take the reins over from Alibaba founder Jack Ma. Christened…