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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…
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.…
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),…
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…
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…
Netflix: Almost THRICE as big as it was last year!
Netflix is on a roll. The stock is two-and-half times what it was a year ago. And the latest AT&T…
GM plans 20 new EVs by 2023 to fuel its clean-energy initiative
Continuing the efforts to ramp up its electric vehicle portfolio, General Motors (GM) is planning to roll out as many…
Comcast bids $65 billion for Twenty-First Century Fox
After the unconditional AT&T - Time Warner deal, CNBC's parent company Comcast (CMCSA)/21st Century Fox (FOXA) deal was highly in…
Elon Musk increases his stake in Tesla; buys 72,500 shares
Tesla revealed in its SEC filing today that its CEO Elon Musk had bought the company's stock for $25 million.…
Dhivya Suryadevara becomes GM’s first woman CFO, succeeds Chuck Stevens
In what could be termed a rare distinction, General Motors (GM) will soon have a second woman executive in its…
Stryker confirms that it didn’t bid for Boston Scientific
Two days after the acquisition speculation sparked in the internet, medical equipment maker Stryker (SYK) stated today in an 8-K…
E3 2018: Gamers, SONY just decided your investment plans for the year!
The E3 conference is here with yet another bang, and SONY (SNE) is back to rob you off of your…
Instagram goes down for many users
It was just yesterday streaming service giant Netflix (NFLX) suffered an outage for several hours. Today’s outage turned out to…
Tesla to cut workforce by 9%; vows to keep Model-3 ramp up intact
Tesla (TSLA) has embarked on a workforce reduction as part of the restructuring program announced by CEO Elon Musk recently…
KeyBanc projects 50% jump in Tesla’s Model 3 deliveries
Tesla seems to be seeing the light at the end of the tunnel if reports are to be believed from…
Alzheimer’s patients get a fresh jolt as Lilly ends clinical trial prematurely
Despite the continuing research and clinical studies, Alzheimer’s disease remains a hard nut to crack, but the real challenge facing…
Netflix suffers first massive global outage
Binge-watchers were at the receiving end of a cruel joke yesterday as they arrived home after a hectic day’s work…
Dave & Buster’s stock jumps 15% on earnings beat; CEO to retire
After a rugged 2017, entertainment and restaurant business operator Dave & Buster’s (PLAY) reported a beat on the consensus estimates…
VIDEO: You can now catch fish using LIVE SONAR!!
After battling the likes of Apple Watch and Fitbit wearables, Garmin is back with what it excels in. Niche electronics.…
The Chinese have a good reason to hate Amazon
Amidst ongoing allegations of brutal working conditions at Amazon (AMZN), US-based China Labor Watch has now attacked the e-commerce giant…
Who will take off to Mars first – SpaceX or Boeing?
Boeing (BA) CEO Dennis Muilenburg’s statement last week at an interview that his company would be the first to reach…