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Apple to setup new base in Texas worth $1bn
Company - Dec 14, 2018
Apple has surprised everyone with a fresh announcement to construct a new base in Austin, Texas, which will require an investment of £790m or $1bn.
Two Tesco directors cleared in 2014 accounting scandal
Company - Dec 11, 2018
Two former directors of Tesco Plc were given a clear sheet from criminal fraud charges imposed in the 2014 accounting scandal that led to the refurbishment of the U.K. grocer’s supplier relation
Deutsche Bank headquarters stormed amidst money laundering scam
Company - Dec 03, 2018
On Thursday, tax investigators and around 170 police officers raided Deutsche Bank’s headquarters in Frankfurt, Germany, to investigate a probable money laundering cheat associated with the Pana
Airbnb penalized in West Bank settlements
Company - Nov 27, 2018
Airbnb, a popular holiday homes rental firm, has been sued by a prominent law firm situated in Jerusalem due to its delisting of settlements concerning West Bank.
Tesla records impressive profit with Musk calling the quarter to be ‘historic’
Company - Oct 25, 2018
The popular electric car-maker has registered a record $311.5m (£241m) during the third quarter till 30 September; CEO Elon Musk stays optimistic about the fourth quarter.
Barclays profit soar with strengthened trading performance
Company - Oct 25, 2018
Profits at Barclays rush higher in the third quarter due to positive investment banking and retail divisions; Jes Staley seems optimistic about the future.
Uber agrees to settle $148 million to settle data breach cover-up with U.S. states
Company - Sep 27, 2018
Uber Technologies Inc. approves to pay $148 million for its inability to disclose a huge data breach which occurred in 2016; this is one of the biggest embarrassments tagged with the ride-hailing firm
No-deal Brexit causing heavy cost concerns for Honda
Company - Sep 21, 2018
According to Ian Howells, senior vice president at Honda Europe, the company would be impacted with a cost of tens of millions of pounds due to no-deal Brexit.
Amazon investigates claims highlighting staff getting bribed
Company - Sep 19, 2018
The e-commerce giant, Amazon, is investigating claims that point out its employees have taken bribes under a give-and-take format to leak confidential company data.
Coca Cola agrees sponsorship deal with Premier League
Company - Sep 17, 2018
Coca-Cola, the global drinks giant has approved its biggest UK sponsorship contract by linking itself with the Premier League as the seventh commercial partner.
Volkswagen investors initiate €9bn diesel scandal court case
Company - Sep 14, 2018
Volkswagen undergoes a court trial in Germany over a vast diesel scandal that has brought the investors to hunt the carmaker for about €9.2bn (£8.2bn) in damages.
Rolls-Royce profits knockout by engine failure
Company - Aug 03, 2018
Rolls-Royce has been struck by a charge worth £554m to compensate costs linked to engine faults for its Trent 1000.
Google returns in China with censored search engine
Company - Aug 02, 2018
As per reports, Google is planning to develop a new version of its search engine that would abide by the censorship laws in China.
Facebook's shares fall as growth chart doesn’t satisfy investors
Company - Jul 27, 2018
On Wednesday, social media giant Facebook has experienced a significant drop in shares ranging to 20% since user growth couldn’t meet investor expectations.
Sky expected to gain profits as the ownership tussle extends
Company - Jul 26, 2018
The pan-European satellite, Sky, is at the centre of an ownership battle and has managed to attract new subscribers leading to enhanced profits.
Google penalized a whopping $6.8 billion by EU concerning Android mobile system
Company - Jul 19, 2018
The regulators at European Commission have charged Google with a record antitrust fine worth $6.8 billion for using its Android mobile operating system to crush out competitors.
Boeing Proposed an Amazing Aircraft deal with Brazil's Embraer
Company - Jul 06, 2018
Boeing Co. bump into a deal for a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer SA under a new $4.75 billion joint venture, the firms confirmed on Thursday.
HTC executes almost 1,500 job cuts from its global workforce
Company - Jul 05, 2018
Taiwanese smartphone-maker, HTC, cuts 1,500 jobs in a move called as “realignment of resources”.
A Privacy Setting Bug in Facebook Application affects 14 million users
Company - Jun 08, 2018
On Thursday, the world’s Largest Social Media Company Facebook has revealed that it had again failed to keep the information private of millions of user’s.
Warren Buffett Investment Plan of $3 Billion in Uber Technologies Inc. Failed
Company - May 31, 2018
Non-Tech Investor Warren Buffett has been in talks these days because he had planned to invest $3 billion in Uber Technologies Inc. earlier this year, but the talks failed following disagreements over