Did Intel’s Security Breach Result in Insider Trader by the CEO?
You’ve probably heard by now about the security flaws that were discovered in Intel (NASDAQ:INTC) processors. If that wasn’t dramatic enough, Intel may already have another scandal on its hands. The CEO of the company, ... [Read]
Comcast Fires 500 Employees, Tax Cut Worthless?
Just before Christmas, Comcast (NASDAQ:CMCSA) was in a group of companies that supported the new tax cuts, stating that it would create thousands of jobs. During that same time, however, the telecommunications company let go ... [Read]
Zuckerberg Declares 2018 to be the Year to Fix Facebook; Is that Fix Going to Involve Cryptocurrencies?
CEO of Facebook (NASDAQ:FB) Mark Zuckerberg has made it his personal goal to fix Facebook this year. Facebook was put through the ringer throughout 2017. From the controversy of Russia using Facebook to meddle in ... [Read]
Tesla Stock Continues to Decline As Production for the Model 3 is Once Again Delayed
Tesla (NASDAQ:TSLA) has often struggled in the past with its production. It’s either been late in getting its models out or it hasn’t even come close to making as many as it originally said it ... [Read]
Intel Finds Major Security Flaw In Millions Of Its Processors, Stock Drops Down 3%.
A security flaw has just been discovered in virtually all Intel (NASDAQ:INTC) processors made within the last decade that will require fixes within Windows, Linux and macOS. The developing team at Intel is currently scrambling ... [Read]
Tim Hortons Slashes Worker Benefits to Compensate for Increased Minimum Wage
The minimum wage was increased in Ontario but workers aren’t celebrating. In fact, they’re threatening to quit, at least that’s the case for several Tim Hortons (private) employees who were told that their benefits and ... [Read]
Comcast Increases Its Prices to Remain Competitive – Did It Work?
Comcast Corp. (NASDAQ:CMCSA) has recently announced several price increases that will be occurring in 2018 or have already occurred in the hopes of remaining competitive with low-cost streaming services like those provided by Netflix (NASDAQ:NFLX) ... [Read]
Spotify Being Sued for $1.6 Billion Over Song Licensing – What is this Doing to the Market?
Spotify (private) has just been hit with a $1.6 billion lawsuit, filed by Wixen Music Publishing claiming that Spotify has been using thousands of its artists’ songs without the proper licensing to do so. This ... [Read]
Weatherford Sells its US Fracking Business to Schlumberger Instead of Forming Joint Venture and Investors Aren’t Happy – Stock Down 16%
Weatherford International plc (NYSE:WFT), a company involved in energy and oil, originally announced back in March of last year that it would be forming a joint venture agreement with Schlumberger Ltd. (NYSE:SLB), a company the ... [Read]
Market Movers: Wall Street Starts New Year Strong On Tech Stock Rally
The Economy Eurozone Factory Growth Reaches Record; Euro at Three-Month High Eurozone manufacturers ended 2017 growing at their fastest pace in over two decades. In addition, the euro rose to a three-month high of $1.20 ... [Read]