December 14, 2017 10:55 am
According to a statement by Alphabets Google on Wednesday, an artificial intelligence research center is being established in China, despite that the tech companys products still remain inaccessible in the country. The center is expected to be the first of its kind on the Asian continent and is to be operated by a small team […]
Read moreDecember 14, 2017 8:29 am
Apple Incs (AAPL) Advanced Manufacturing Fund reportedly invested as much as $390 million in Face ID supplier Finisar, which recently initiated production quantity shipping of its vertical-cavity surface-emitting lasers, or VCSELs. Apple shares closed higher for the fourth time in the past nine trading sessions on Wednesday. The stock edged up 0.33% ($0.57) to $172.27, […]
Read moreDecember 13, 2017 10:52 am
Comcast Corporation (CMCSA) was reported to have dropped its bid for the majority of assets of Twenty-First Century Fox Inc, thus, leaving Walt Disney Co in pole position for the deal estimated at more than $40 billion. Comcast shares closed higher for a third consecutive trading session on Tuesday. It has also been the sharpest […]
Read moreDecember 13, 2017 8:47 am
According to a statement by Twitter Inc (TWTR) on Tuesday, the addition of two buttons will make it easier for users to view and add new tweets on the same topic to already existing ones. This way Twitter users who stitch tweets together, an activity known as thread making, will no longer have to respond […]
Read moreDecember 12, 2017 10:38 am
Ford Motor Company (F) said it sold a total of 118 000 vehicles in China in November, or 8% fewer compared to November a year ago. At the same time, year-to-date sales were estimated to over 1 056 000 vehicles, or 6% fewer compared to the same period of 2016. Ford shares closed lower for […]
Read moreDecember 12, 2017 8:49 am
Verizon Communications Inc (VZ) intends to sign a five-year deal with the National Football League estimated at about $2.25 billion in order to provide streaming services to users via NFLs Yahoo and go90 platforms as well as its mobile app. Verizon shares closed higher for a second consecutive trading session on Monday. It has also […]
Read moreDecember 11, 2017 10:52 am
After a 98-year association with the New York Stock Exchange, PepsiCo Inc (PEP) reportedly intends to move its listing to tech-heavy NASDAQ. PepsiCo shares closed lower for a second consecutive trading session on Friday. The stock edged down 0.14% ($0.16) to $116.57, after touching an intraday low at $115.90, or a price level not seen […]
Read moreDecember 11, 2017 8:53 am
According to a source with knowledge of the matter, Apple Inc (AAPL) is currently in negotiations regarding the possible acquisition of music identification software provider Shazam Entertainment Ltd. A report by TechCrunch revealed that the tech giant could pay $400 million for Shazam, while a deal might emerge as early as this week. Apple shares […]
Read moreDecember 8, 2017 11:14 am
According to a report by the Australian Taxation Office on Thursday, Exxon Mobil Corporation (XOM) did not pay any tax in the country during fiscal year 2016, regardless of the billions of dollars in income from operations on Australian soil it had reported. Exxon Mobil shares closed higher for the sixth time in the past […]
Read moreDecember 8, 2017 9:00 am
Ford Motor Company (F) is expected to initiate tests of its latest self-driving vehicle technology in 2018 in at least one city. On the other hand, Fords plan to initiate commercial production until 2021 has not been changed, the auto maker said in a statement on Thursday. Ford shares closed higher for the third time […]
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