Despite adding more subscribers to its paid platform during the holiday season than had been expected by the markets, its shares dipped after Netflix Inc. released its earnings for fourth quarter.    There was a drop of about 3 per cent in immediately after the announcement of the...

The ethical sourcing of minerals in the supply of the global mineral industry would be ensured by the use of blockchain technology to be put in place by a consortium of companies led by IBM and includes Ford Motor, Huayou Cobalt, LG Chem, and RCS Global.   The concept of “blood diamonds” and...

A series of scandals that dented the image of one of the largest banks of the US which potentially resulted in a decline in deposits and loans at Wells Fargo as the bank announced a drop in its profit in the last three months of 2018 on Tuesday.   A year-on-year drop of 1 per cent in its...

With the aim of saving billions of dollars, top global car makers Volkswagen AG and Ford Motor Co are entering into a partnership to develop commercial vans and pickups and would also jointly conduct projects for the development of technologies for electric and self-driving technology. The two...

The board of Google parent Alphabet Inc has been slapped with two law suits by shareholders accusing the company of being directly involved in attempts of covering up of sexual misconduct claims that were pressed against two former executives in within the last five years.   There have been...

After soft sale and demand for iPhones forced US tech giant Apple to recently announce a very rare revenues and profit warning for the fourth quarter, a number of Chinese electronics retailers including Suning – backed by Alibaba, and JD.com, have decided to cut down the prices of iPhones this...

Chances of the US department store operator Sears Holdings Corp  being able to escape liquidation became rosier after a revised roughly $5 billion takeover bid for the company was presented by the Chairman of the company Eddie Lampert, according to a report in the news agency Reuters.  ...

According to the announcement made by Venezuelan President Nicolas Maduro recently an agreement worth 400-million-U.S. dollar was signed between Venezuelan state-owned oil company PDVSA and French company Maurel & Prom. Under the agreement, both the companies would jointly work to ramp up...

According to media reports quoting sources, this year another $2 billion would be invested in shared working space app WeWork from Japan’s SoftBank Group. With the injection of this new investment, the total investments by the Japanese conglomerate SoftBank into the   office space...

Following on the heels of South Korean tech giant Samsung announcing massive drop in fourth quarter earnings and about a week after its first profit warning for the fourth quarter issued by US teach giant Apple Inc., another South Korean electronic gadgets giant - LG Electronics Inc said on Tuesday...

In a rare collaborative move, Apple has agreed to allow its iTunes services to be plated played on Samsung televisions which are sold from 2018 onwards.   This is being seen by many to be a rare exception to the long-standing policy of the iPhone maker of not allowing its software to be put...