apple to setup new base in texas worth dollar 1 bn

Apple to setup new base in Texas worth $1bn

Company Mohit Shah - 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 accounting scandal

Two Tesco directors cleared in 2014 accounting scandal

Company Mohit Shah - 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

Deutsche Bank headquarters stormed amidst money laundering scam

Company Mohit Shah - 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

Airbnb penalized in West Bank settlements

Company Mohit Shah - 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

Tesla records impressive profit with Musk calling the quarter to be ‘historic’

Company Mohit Shah - 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

Barclays profit soar with strengthened trading performance

Company Mohit Shah - 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 dollar 148 million to settle data breach cover up with us states

Uber agrees to settle $148 million to settle data breach cover-up with U.S. states

Company Mohit Shah - 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

No-deal Brexit causing heavy cost concerns for Honda

Company Mohit Shah - 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

Amazon investigates claims highlighting staff getting bribed

Company Mohit Shah - 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

Coca Cola agrees sponsorship deal with Premier League

Company Mohit Shah - 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 euro 9bn diesel scandal court case

Volkswagen investors initiate €9bn diesel scandal court case

Company Mohit Shah - 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 failures

Rolls-Royce profits knockout by engine failure

Company Mohit Shah - 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

Google returns in China with censored search engine

Company Mohit Shah - 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 shares fall as growth chart doesnt satisfy investors

Facebook's shares fall as growth chart doesn’t satisfy investors

Company Mohit Shah - 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

Sky expected to gain profits as the ownership tussle extends

Company Mohit Shah - 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 dollar 68 billion by eu concerning android mobile system

Google penalized a whopping $6.8 billion by EU concerning Android mobile system

Company Mohit Shah - 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 brazils embraer

Boeing Proposed an Amazing Aircraft deal with Brazil's Embraer

Company Mohit Shah - 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 1500 job cuts from its global workforce

HTC executes almost 1,500 job cuts from its global workforce

Company Mohit Shah - 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 affects 14 million users

A Privacy Setting Bug in Facebook Application affects 14 million users

Company Mohit Shah - 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

Warren Buffett Investment Plan of $3 Billion in Uber Technologies Inc. Failed

Company Mohit Shah - 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

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