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London Strips Operating License from Uber

London Strips Operating License from Uber

On Friday, Uber was dealt a huge blow by authorities in London, when the ride-hailing company was stripped of its operating license... 
Google Sued for Gender Pay Discrimination

Google Sued for Gender Pay Discrimination

Google, which already is being investigated by federal authorities over its alleged pay practices, was sued by three of its former... 
Evacuated Employees in Florida Threatened by Pizza Hut

Evacuated Employees in Florida Threatened by Pizza Hut

Massive destruction and large-scale evacuation in Florida was caused by Hurricane Irma over the weekend and into Monday. Before the... 
Main Airport in Miami Has No Timetable for Reopening

Main Airport in Miami Has No Timetable for Reopening

R The largest airport in Florida has started to pick up the pieces following the wrath of Hurricane Irma on Saturday and Sunday, but... 
Google Hiring Chinese AI Talent but Remains Blocked

Google Hiring Chinese AI Talent but Remains Blocked

The core search service of Google has been blocked for more the seven years in China, but it is not stopping the Internet behemoth... 
McDonald’s Workers in Britain Strike

McDonald’s Workers in Britain Strike

McDonald’s is facing its first employee strike since the burger chain opened during 1974 in the UK, along with protests by both the... 
Renault-Nissan Setting Up Electric Car Venture in China

Renault-Nissan Setting Up Electric Car Venture in China

Renault and partner Nissan Motor will soon be building electric cars with Dongfeng Motor in China under a new joint venture, as automakers... 
GE Makes Shifts in Strategy and Financial Targets

GE Makes Shifts in Strategy and Financial Targets

General Electric wants its business of industrial software to reduce costs and increase profits in 2018 under new CEO John Flannery.... 
Jay Y. Lee Samsung Heir Given Jail Sentence of Five Years

Jay Y. Lee Samsung Heir Given Jail Sentence of Five Years

Samsung Group heir Jay Y. Lee a billionaire was handed a jail sentence of five years on Friday for bribery. Following a trial of over... 
FTC Clears Purchase by Amazon of Whole Foods Market

FTC Clears Purchase by Amazon of Whole Foods Market

On Wednesday, the Federal Trade Commission gave its okay to the purchase by Amazon.com of Whole Foods Market. The deal valued the specialty... 
Harley-Davidson Unveiling Development Project That is Biggest Ever

Harley-Davidson Unveiling Development Project That is Biggest Ever

Harley-Davidson Inc. unveiled its largest every product development project that included eight cruisier-motorcycle redesigns for 2018,... 
McDonald’s to Shutter 169 Locations in India

McDonald’s to Shutter 169 Locations in India

Fast-food behemoth McDonald’s announced on Monday that it was planning to shutter all of its 169 restaurants in the eastern and northern... 
Sempra Out Bids Berkshire for Oncor

Sempra Out Bids Berkshire for Oncor

Sempra Energy the owner of utilities based in the U.S. agreed to acquire Oncor Electric Delivery Co, the power distributor based in... 
Accounting Rule Change Will Impact How Amazon Recognizes Gadget Sales

Accounting Rule Change Will Impact How Amazon Recognizes Gadget Sales

Amazon has revealed that a new accounting rule which is supposed to become applicable in 2018 will change the gross sales amount of... 
More Than Half Of U.S. Subscribers To Be Subscribed To Amazon Prime

More Than Half Of U.S. Subscribers To Be Subscribed To Amazon Prime

Predictions from Cowen and Co. indicate that over 50% of households in the United States will be subscribers of Amazon Prime before... 
Twitter And Amazon Streaming Sports Using Different Strategies

Twitter And Amazon Streaming Sports Using Different Strategies

Amazon and Twitter are employing different strategies in how they stream sports. According to a Bloomberg report Twitter is focusing... 
Facebook’s Answer To Snapchat, Lifestage, Shut Down

Facebook’s Answer To Snapchat, Lifestage, Shut Down

Facebook has confirmed that is has shuttered its Lifestage app which was aimed at high school students. The Lifestyle app was launched... 
Time Inc Sets $400 Million Savings Target

Time Inc Sets $400 Million Savings Target

Time Inc is the parent company of not only Time magazine, but also Entertainment Weekly, People, and Fortune magazines. On Tuesday,... 
Starz Claims AT&T’s Acquisition Of Time Warner Would Harm Independent Channels

Starz Claims AT&T’s Acquisition Of Time Warner Would Harm Independent Channels

Starz, a premium movie channel, has criticized the plan by AT&T to acquire Time Warner saying this would result in the telecoms... 
Shell To Eliminate Jobs In Its Dutch Operations

Shell To Eliminate Jobs In Its Dutch Operations

Image with Shell Reports indicate that Royal Dutch Shell will eliminate over 400 employment positions. The job cuts, which will be... 
Walmart And Amazon Increasingly Turn To Hydrogen-Powered Forklifts

Walmart And Amazon Increasingly Turn To Hydrogen-Powered Forklifts

Amazon and Walmart have both turned to using forklifts that are powered by hydrogen fuel cells. The two retail giants are employing... 
Amazon Leads In Leveraging Robots In The Retail Sector

Amazon Leads In Leveraging Robots In The Retail Sector

As competition intensifies in the retail space part of Amazon’s strategy of reducing costs involves replacing human labor with robots.... 
Visa Forges Partnership With Marqeta To Drive Innovation

Visa Forges Partnership With Marqeta To Drive Innovation

Marqeta and Visa have formed a global partnership aimed at driving innovations in consumer and commercial payments. In order to support... 
Fullscreen Media And AT&T In Influencer Event Partnership

Fullscreen Media And AT&T In Influencer Event Partnership

Fullscreen Media has revealed that AT&T’s thx2att will be sponsoring a nationwide influencer event series which will include... 
AT&T Bracing For Next-Generation Applications With Edge Computing

AT&T Bracing For Next-Generation Applications With Edge Computing

To enhance the potential of robotic manufacturing, virtual reality, augmented reality and autonomous cars, AT&T has embarked on... 
General Electric To Unveil Biggest Laser-Based Metal 3D Printer

General Electric To Unveil Biggest Laser-Based Metal 3D Printer

During the Paris Airshow held in June, General Electric revealed that it was building what has been described as the biggest laser-based... 
Management Structure To Change After AT&T And Time Warner Merge

Management Structure To Change After AT&T And Time Warner Merge

Telecommunications giant AT&T is planning to have the management of media and telecommunications operations split once its acquisition... 
Groups Write To AG Voicing Opposition To At&T And Time Warner Merger

Groups Write To AG Voicing Opposition To At&T And Time Warner Merger

Consumer groups have written to the attorney general of the United States, Jeff Sessions, asking him to block the plan by AT&T... 
Former Goldman Sachs And Intuit Executive Named Twitter CFO

Former Goldman Sachs And Intuit Executive Named Twitter CFO

Ned Segal has been hired as the chief financial officer of Twitter. Before the hiring of Segal, Anthony Noto was the acting chief financial... 
Monogram Accepts Greystar Growth and Income Fund LP $3 Billion Acquisition Bid

Monogram Accepts Greystar Growth and Income Fund LP $3 Billion Acquisition Bid

Greystar Growth and Income Fund LP has reached an agreement for the acquisition of Monogram Residential Trust for $3 billion. The newly... 
NVIDIA Ranked The Smartest Company In The World By MIT

NVIDIA Ranked The Smartest Company In The World By MIT

NVIDIA claimed the top spot in this year’s MIT smartest companies list, thanks to its big bets in Artificial intelligence and deep... 
Waymo Accuses Uber Of Cover-Up

Waymo Accuses Uber Of Cover-Up

After Uber laid out its defense, Waymo now alleges that the latest claims by the ride-hailing firm constitute a cover-up. In a statement... 
Search For Next CEO Of Uber Currently Underway

Search For Next CEO Of Uber Currently Underway

Following the resignation of Travis Kalanick as the chief executive officer of Uber, the search for his replacement has begun. The... 
Kushner Received Deutsche Bank Loan Just Prior To Presidential Election

Kushner Received Deutsche Bank Loan Just Prior To Presidential Election

Reports indicate that the real estate firm associated with Jared Kushner finalized a loan deal of approximately $285 million with Deutsche... 
Snap Inc Introduces New Social Map Feature In Wake Of Acquisition

Snap Inc Introduces New Social Map Feature In Wake Of Acquisition

Snap Map, the newest feature on Snapchat, is based on the disappearing message company’s latest acquisition, Zenly, a social mapping... 
South Korea Shutters Oldest Nuclear Reactor As It Seeks Alternatives

South Korea Shutters Oldest Nuclear Reactor As It Seeks Alternatives

The new president of South Korea, Moon Jae-in, has announced that the Asian country will no longer put up new plants for producing... 
Will Nestle Sell Off US Confectionary Division?

Will Nestle Sell Off US Confectionary Division?

Nestle may be the world’s largest food and beverage company in the world—a title they have held for many years—but that might... 
Amazon To Re-Introduce Its Own Smartphones Two Years After Flop

Amazon To Re-Introduce Its Own Smartphones Two Years After Flop

Reports indicate that Amazon is planning on re-introducing its own brand of smartphones after having exited the niche in 2015 when... 
Harley-Davidson To Recall Motorbikes Over Possible Oil Spill

Harley-Davidson To Recall Motorbikes Over Possible Oil Spill

Motorcycle manufacturer Harley-Davidson has announced that it is recalling approximately 57,000 motorbikes globally due to the risk... 
Microsoft Co-Founder Launches The World’s Biggest Plane

Microsoft Co-Founder Launches The World’s Biggest Plane

A firm associated with the co-founder of Microsoft, Paul Allen, has launched the largest plane in the world. Named Stratolaunch the... 
Supply Hitches Causes Production Disruption At BMW

Supply Hitches Causes Production Disruption At BMW

BMW AG has revealed that it will be demanding compensation from its parts supplier, Robert Bosch GmbH, following production stoppages... 
Blackstone and Public Investment Fund of Saudi Arabia to Launch New $40 Billion Infrastructure Investment

Blackstone and Public Investment Fund of Saudi Arabia to Launch New $40 Billion Infrastructure Investment

Over the weekend, Blackstone and the Public Investment Fund of Saudi Arabia signed a new memorandum of understanding which outlined... 
Microsoft To Open Its First Data Centers In Africa In Cape Town And Johannesburg

Microsoft To Open Its First Data Centers In Africa In Cape Town And Johannesburg

Microsoft has announced that it is planning to build data centers in Cape Town and Johannesburg, South Africa by next year. The Redmond,... 
Ford To Lay Off Salaried Employees To Contain Costs

Ford To Lay Off Salaried Employees To Contain Costs

Reports indicate that Ford Motor Company is planning on cutting the number of salaried employees around the world by 10%. Some of the... 
Amazon Responds To Skype and FaceTime With Echo Show Unveiling

Amazon Responds To Skype and FaceTime With Echo Show Unveiling

Amazon might have found an easy and exciting way of getting people to enjoy landlines once more, the technology having been on its... 
Austrian Court Orders Facebook To Take Down Insulting Postings

Austrian Court Orders Facebook To Take Down Insulting Postings

A court in Austria has ruled that Facebook must take down postings that constitute hate speech. This was in a case that had been brought... 
Microsoft Working On Surface Phone That Will Stand Out From Current Offerings

Microsoft Working On Surface Phone That Will Stand Out From Current Offerings

Reports indicate that Microsoft is looking to launch a new smartphone in the near future. This was disclosed in a podcast featuring... 
Imagination To Sell Off Business As Apple Prepares To Walk Away

Imagination To Sell Off Business As Apple Prepares To Walk Away

The long-time supplier of the graphic chip designs that are used in the iPhone has indicated that it is selling off parts of its business... 
AB InBev Showing Signs of Recovery, Not Everyone Is Happy

AB InBev Showing Signs of Recovery, Not Everyone Is Happy

Anheuser-Busch InBev (AB InBev) has reported better-than-expected profit growth, citing new signs of a turnaround in Brazil, where... 
McDonald’s Announces New Customizable Craft Burgers

McDonald’s Announces New Customizable Craft Burgers

The fast food sector of the food and beverage industry has been struggling the past decade or so. That’s because, of course,...