Business News
Facebook says UK data was not shared; appeals fine in Cambridge Analytica case
The infamous Cambridge Analytica data-breach case took a new turn this week after Facebook (FB) defended the charges leveled by…
Data security slip-up casts shadow over Amazon’s holiday sales
The social media was abuzz with messages shared by Amazon (AMZN) customers about the exposure of their personal information on…
Retail sector may be heading to a dry holiday season
The run-up to the holiday season has never been so disappointing for the retail industry, with lackluster financial performance and…
Micron remains a hot pick amid deepening bearish sentiment
Tuesday was a bad day for chip stocks, when some of the key developments in the sector had a negative…
Medtronic stock gains on strong Q2 results, guidance
Aided by the impressive performance of its key business segments, medical device maker Medtronic (MDT) reported a 6% increase in…
Strong B2B sales boost Analog Devices Q4 results; stock gains
Earnings and revenues of chipmaker Analog Devices (ADI) climbed to a record high and exceeded forecast in the fourth quarter,…
Apple stock selloff after production cut shows iPhone buzz is fading
The Apple (AAPL) management has probably got carried away by the success of iPhone, and nowadays the launch events are coming…
Urban Outfitters Q3 results beat amidst strong comp sales; stock spikes
Specialty retailer Urban Outfitters (URBN) Monday said its earnings increased sharply in the third quarter, helped by broad-based comparable sales…
GE takes ‘power’ rejig to next level with new leadership team
General Electric (GE), the troubled industrial giant that has long been on a restructuring spree, seems to be trying new…
BlackBerry’s cybersecurity push to get a fillip from Cylance buyout
BlackBerry (BB) is currently going through a crucial phase of its transition from a device-maker to a software services provider,…
Goldman Sachs defends 1MDB fraud charges, passes buck to ‘rogue’ staff
Giving a new twist to the controversy surrounding its involvement in the infamous 1Malaysia Development Berhad scandal, Goldman Sachs (GS)…
Nvidia stock falls on Q3 revenue miss, weak guidance
Earnings of semiconductor giant Nvidia Corp. (NVDA) surged and topped estimates in the third quarter of 2019 when all the…
Haunted by wildfire lawsuits, PG&E faces fresh trouble after California fire
Rarely do businesses get so severely rattled by accidents as Pacific Gas and Electric Company (PCG) did after the California…
Microsoft is on a mission to make AI accessible to all
It seems artificial intelligence is the latest fad for Microsoft (MSFT), with most of the company's expansion initiatives this year centered…
Cisco stock gains after Q1 results beat on broad-based growth
Another impressive performance by its key business segments pushed up Cisco’s (CSCO) revenues in the first quarter, defying the challenges…
Faster networks come with bigger challenges as 5G era sets in
Discussions about the telecom sector are incomplete these days with no reference to the fifth-generation (5G) wireless network. The general…
Tilray stock falls after Q3 loss widens despite revenue growth
Tilray, Inc. (TLRY) reported a net loss for the third quarter, hurt by higher operating costs. Analysts had forecast a wider…
Talent acquisition, accessibility key benefits when Amazon moves into dual HQ2
One of the famous quotes by Amazon (AMZN) chief Jeff Bezos goes like this: What’s dangerous is not to evolve.…
With iPhone hype reaching its peak, Apple needs a reality check
The changing order trends at Apple’s (AAPL) component suppliers often trigger speculations about the health of the tech giant’s product…
Snap content head quits amid turnaround efforts
A lot has been happening at Snap (SNAP) these days, at a time when the social media app is struggling…