The shares of Google Inc (NASDAQ:GOOGL) soared in excess of 2% yesterday closing at $532.30 with slight decline in the extended trading sessions. The search engine giant announced that its first driverless car is ready for the roads and it is likely to flaunt at the Silicon Valley streets next year. The search engine giant…
Facebook Inc (FB) Achieve New Heights With Record Share Price, Mobile Revenue Streams Continue Upward Trend
The shares of Facebook Inc (NASDAQ:FB) reached an all time high of $81.45 yesterday with nearly 2% improvement in share prices. It is excellent news for the social network considering the recent increase in its photo-sharing platform’s valuation by Citigroup Inc (NYSE:C) reaching $35 billion. The social network has registered an outstanding 49% increase in…
Alibaba Group Holding Ltd (BABA)’s Former Employees-Turned-Millionaires Are Ready To Rival Silicon Valley With More Chinese Startups
Alibaba Group Holding Ltd (NYSE:BABA) did rival a lot of American online retailers and technology companies with its record initial public offering and continuous stream of products to outmatch its US peers. Now, the former employees of the Chinese online retailer are taking the fight to the Silicon Valley startups by starting businesses in China’s…
BlackBerry Ltd (BBRY) And Boeing Co (BA) Join Hands To Develop A Secure Phone With Self-Destroy Feature
The Canadian mobile technology company, BlackBerry Ltd (NASDAQ:BBRY), has collaborated with the largest jet manufacturer of the world, Boeing Co (NYSE:BA), to create a cell phone with self-destruction capabilities. The device is known as Boeing Black and it can self-destroy in case of any tampering or similar threats. This partnership is aimed to take mobile…
Apple Inc. (AAPL)’s CEO Contributes in Gay Rights Movement With Hearty Donations
After writing about his sexual preferences in a magazine essay in October, Apple Inc. (NASDAQ:AAPL)’s CEO has made a hearty contribution towards the gay rights movement carried forward by the Human Rights Campaign. The CEO of iPhone maker company is among one of the most popular business leaders to support the movement for gay rights.…
General Motors Company (GM) Among Other Leading Manufacturers To Cut Car Sales In Russia Amid Falling Ruble Value
The falling value of Ruble is having its worst impact on the auto manufacturing industry and General Motors Company (NYSE:GM) among other leading auto companies are cutting car deliveries in the country. The auto company has raised its car prices and halted sales in Russia to cope up with increasing losses. There are dual factors…
Boeing Co (BA) Ready To Create Record Commercial Aircraft Deliveries In 2015
After announcing an increase in share repurchase fund and 25% increase in dividends, Boeing Co (NYSE:BA) is all set to make another record in 2015. The world’s biggest airplane manufacturer is ready to deliver up to 754 commercial jets in 2015. According to the recent forecast from the U.S. Aerospace Industries Association, the jet manufacturer’s…
FedEx Corporation (FDX)’s Shares Fall Post Weaker Quarterly Results Despite Lower Fuel Prices
The shares of FedEx Corporation (NYSE:FDX) fell nearly five percent after the company announced lower-than-expected second quarter 2015 financial results. FedEx Freight and FedEx Ground were the two units losing out on market expectations. The courier service company announced its second quarter 2015 financial results with consolidated revenues of $11.9 billion along with operating income…
BlackBerry Ltd (BBRY) Retreats To Its Keyboard Design With “Classic” Smartphone
The Canadian phone manufacturer, BlackBerry Ltd (NASDAQ:BBRY), is digging up its arsenal to compete against the increasing competition from touchscreen peers including Apple Inc. (NASDAQ:AAPL). With the launch of latest BlackBerry “Classic,” the smartphone manufacturer is returning to its area of expertise instead of competing directly with its touch screen rivals. The new device, Classic,…
International Business Machines Corp. (IBM) Cloud Services Have A Magnificent Year, Plans Expansion In Primary Global Markets
With its shares trading near its 52-week low, International Business Machines Corp. (NYSE:IBM) is still having an excellent year with its cloud services. The technology company announced expansion of its cloud service centers by nearly 25% touching 40 cloud centers throughout the globe. IBM would have 49 cloud facilities around the world including three new…