Home » Business

John Deere Posts Better Than Expected Profits

John Deere Posts Better Than Expected Profits

On Friday, John Deere said that its fiscal second quarter profit and revenue both rose as well as surpassed analyst estimates. The company also said it has raised its outlook for the fiscal year in equipment sales growth outlook from... 
Alphabet Has Huge Challenges Ahead In Voice Search Technology

Alphabet Has Huge Challenges Ahead In Voice Search Technology

Alphabet is currently planning on retaining its crown as the top information provider through Google products but the company has a long way to go when it comes to voice search. Alphabet subsidiary Google is one of the major tech companies... 
Verizon Announce Acquisition of Straight Path Communications

Verizon Announce Acquisition of Straight Path Communications

Verizon Communications may already be the No 1 wireless carrier in the United States, but that is not stopping them from continuing their growth; after all, what good is being at the top if you can’t stay there? With that in... 
Sinclair is About To Sign A Deal To Acquire Tribune

Sinclair is About To Sign A Deal To Acquire Tribune

You might not know who the Sinclair broadcasting group is, but that might change as the Baltimore, MD-based company is set to control roughly one-third of all television programming in the United States. Sinclair has announced, this... 
Cisco To Acquire Technology And Talent From Data Analytics Firm

Cisco To Acquire Technology And Talent From Data Analytics Firm

Cisco has entered an agreement with Saggezza, a Chicago, Illinois-based data analytics firm which will see the former acquire both talent and technology from the latter. The terms of the deal were, however, not revealed. Saggezza was... 
Facebook Continues to Grow, but is A Massive Shift In Store To Maintain in A Constantly Changing Market?

Facebook Continues to Grow, but is A Massive Shift In Store To Maintain in A Constantly Changing Market?

It looks like the world’s biggest—and, at least for now, most powerful—social network will continue to grow its already massive audience in a time when the market is starting to get extremely competitive. Just this week,... 
District Court Issues Exxon Mobil $21 Million in Penalties for Clean Air Act Violations

District Court Issues Exxon Mobil $21 Million in Penalties for Clean Air Act Violations

On Wednesday, a federal judge ruled that ExxonMobil Corp must pay a penalty worth nearly $20 million because of pollution generated by its Baytown, TX refining and chemical plant (between 2005 and 2013). U.S. District Court Judge David... 
LVMH Buys Minority Stakes in Christian Dior in $13.1 Deal

LVMH Buys Minority Stakes in Christian Dior in $13.1 Deal

French billionaire Bernard Arnault and the LVMH Moët Hennessey Louis Vuitton luxury empire announced, on Tuesday, the completion of a minority stake purchase of Christian Dior in a buy worth more than $13 billion (USD). The seven... 
Data Price Hikes Expected In The Face Of A Deregulation By Republican-Controlled FCC

Data Price Hikes Expected In The Face Of A Deregulation By Republican-Controlled FCC

A Thursday vote by the Federal Communications Commission will now see the Business Data Services segment that is worth approximately $45 billion deregulated. Small businesses are likely to be affected by price hikes in the deregulation... 
Prices Of Tesla Model S Vehicles Changed

Prices Of Tesla Model S Vehicles Changed

Following the discontinuation of the cheapest Tesla model, the Model S 60, the electric car maker has now reduced the price of the Model S 75. The new base version of the Model S will now cost $69,500 down from $74,500. This now makes... 
Citigroup Earnings Up Over Last Year’s Numbers

Citigroup Earnings Up Over Last Year’s Numbers

Citigroup has released its latest quarterly performance report, showing that America’s fourth-largest bank (by assets held) is making definite progress towards its several-years-long effort to recover from the recent financial... 
Microsoft Acquires Cloud Startup As It Races To Catch Up With Rival

Microsoft Acquires Cloud Startup As It Races To Catch Up With Rival

In a blog post, Microsoft has announced the acquisition of Deis, a firm that concentrates on containers – a way of developing and deploying software. Terms of the deal were not disclosed in the deal that was revealed on Monday morning. In... 
AT&T To Acquire Straight Path Communications In Preparation For 5G

AT&T To Acquire Straight Path Communications In Preparation For 5G

AT&T has revealed that it is acquiring Straight Path Communications at a price of $1.25 billion in an accumulation bid for airwaves as it prepares for a 5G network. Straight Path Communications holds numerous wireless spectrum... 
Is Apple Ditching Third-Party Tech Devs and Building Everything In House?

Is Apple Ditching Third-Party Tech Devs and Building Everything In House?

Shares of the Anglo-German technology manufacturer Dialog Semiconductor fell by roughly 20 points on Tuesday morning following a warning from a financial analyst who said the company could potentially lose its contract with US tech... 
New Policy To Block Ads On YouTube Videos With Under 10,000 Views

New Policy To Block Ads On YouTube Videos With Under 10,000 Views

YouTube has announced that video channels must get views averaging over 10,000 prior to the video platform placing ads on such content. The video platform has said the move is aimed at punishing those who break the rules. YouTube’s... 
Norwegian To Offer $199 One-Way Routes From Seattle to London 4-Days A Week

Norwegian To Offer $199 One-Way Routes From Seattle to London 4-Days A Week

Norwegian Air has just announced a new route that is sure to shake things up across the Atlantic: new service from Seattle to London Heathrow for $199 one-way. The airline will offer four flights a week aboard a Boeing Dreamliner 787-9... 
Amazon To Add More Part-Time Workers As It Experiences Rapid Growth And Diversification

Amazon To Add More Part-Time Workers As It Experiences Rapid Growth And Diversification

Amazon has disclosed that it intends to employ 30,000 workers on a part-time basis in the United States in the next one year. This will include 5,000 virtual customer service agent positions that will allow employees to telecommute.... 
Co-Founder Of Twitter Is Selling A Third Of His Stake

Co-Founder Of Twitter Is Selling A Third Of His Stake

Ev Williams, Twitter’s co-founder, has disclosed that he is liquidating a third of his $630 million shareholding in the microblogging platform. The initial tranche that has already been sold off earned Wlliams $3 million after tax...