Communications
Comcast Enters Bid to Purchase Sky News
American communications company Comcast Corporation (NASDAQ:CMCSA) announced on Wednesday that they will be offering a bid to purchase the UK-based communications and entertainment company, Sky PLC (LSE:SKY.L)… Comcast announced that they have put in a ... [Read]
Online Media
Snapchat Stocks Tumbling Up to -8% As Firm Announces New Layout and Spectacles
Snapchat stocks (NYSE:SNAP) are tumbling to around -8% today after the firm released a series of announcements including a new redesign of its user interface. It follows a previous revamp which Snapchat began rolling out late ... [Read]
Communications
Verizon Communications Beats Q1 Estimates
The US-based company Verizon Communications (NYSE:VZ) released its 2018 first quarter financial results and it beat estimates. Total consolidated revenue and total wireless revenue both went up during the first quarter. The company’s consolidated revenue went ... [Read]
Tech
Spotify Adds More Benefits to its Free Service – Users Will Love It; Investors Don’t
Music streaming service Spotify (NYSE:SPOT) has today announced an update to the Spotify free version of its service that will allow mobile users to access more songs on-demand. Currently, Spotify is available in two forms; ... [Read]
Tech
Sanmina Corp. Releases Better Than Expected Q2 Results – Shares Jump
Shares of the California-based electronic manufacturing company Sanmina Corporation (NASDAQ:SANM) jumped on Monday after the company released its second-quarter financial earnings report. According to the company’s CEO Bob Eulau, “results for the second quarter were ... [Read]
Retail
Hasbro Releases Q1 Results, Blames Toys ‘R’ Us Bankruptcy
American toy making company Hasbro Gaming (NASDAQ:HAS) announced its 2018 first quarter financial results Monday morning. The overall results were disappointing, with net revenue decreasing 16%, or USD $133.4 million, to a total of $716.3 ... [Read]
Retail
Mattel CEO to Leave Company After Only a Year in the Postion
Mattel Inc. (NASDAQ:MAT) has recently announced that Mattel CEO Margo Georgiadis will be leaving the company after only a year in the position. Georgiadis, who was appointed CEO in February 2017, will be stepping down from ... [Read]
Retail
Apple Debuts Daisy, the iPhone Recycling Robot
Apple Inc. (NASDAQ:AAPL) has revealed its iPhone recycling robot – Daisy, after announcing the company’s new Earth Day recycling program. Daisy, who was made from the recycled parts of another Apple robot named Liam, is ... [Read]
Autos
Tesla to Increase Model 3 Production Again – Aims for 6,000/Week
Tesla’s Model 3 Production is to be increased again. Electric automotive company Tesla Inc. (NASDAQ:TSLA) is planning for an increase of approximately 6,000 new Model 3 cars per week. According to an article from the ... [Read]
Communications
American Companies Banned from Selling to Chinese Phone Maker ZTE
The US Department of Commerce released a statement today banning American companies from selling to the Chinese phone manufacturer Zhongxing Telecommunications Equipment (ZTE) Corporation for seven years. The announcement comes after ZTE Corp. pleaded guilty ... [Read]