After competing with four other states in the race to get the first Tesla Motors Inc (NASDAQ:TSLA)’s first Gigafactory, Nevada is finally the first state to get the battery plant. The Governor of Nevada announced incentives of $1.3 billion along with some insights into the factory plants. As per the announcement made by Brian Sandoval,…
Microsoft Corporation (MSFT) and Others Played Their Cards Ahead of Apple Inc. (AAPL)’s iPhone 6
In the race to steer some spotlight from Apple Inc. (NASDAQ:AAPL) ahead of iPhone 6 launch, all the major phone companies have announced new products in the market. The list includes Microsoft Corporation (NASDAQ:MSFT), Samsung Electronics Co Ltd (KRX:005930), Sony Corp (ADR) (NYSE:SNE), and Huwaei Technologies Co. Microsoft Corporation (NASDAQ:MSFT) launched three Smartphone ahead of…
Apple Inc. (AAPL) to Boost iCloud Security with Security Alerts for Users
After the account hacking activities last weekend, Apple Inc. (NASDAQ:AAPL) is all set to add a new security alert system for its iCloud users. The CEO of Apple, Tim Cook, gave an insight into the new security alert system under which users will receive push notifications for any major account change. This is the first…
Microsoft Corporation (MSFT) Introduced Elite Class of Lumia Smartphones
In an attempt to gain a mega-share in the Smartphone industry, Microsoft Corporation (NASDAQ:MSFT) introduced three new Smartphones in Berlin. Nokia 830 is the flagship Smartphone from Microsoft along with Nokia 730 and Nokia 735 to compete in different segments of smart devices. This is the biggest launch from Microsoft since its acquisition of Nokia…
Electrolux AB (ADR) (ELUXY) Might Close General Electric Company (GE) Acquisition Deal for $2.5 billion
After giving hints about the potential acquisition of General Electric Company (NYSE:GE), Electrolux AB (ADR) (OTCMKTS:ELUXY) has finally come up with $2.5 billion potential deal. Both the companies are said to work on the final terms of the agreement, as reported by unknown sources. Earlier, General Electric Company (NYSE:GE) confirmed that it was negotiating the…
BP plc (ADR) (BP) Might Face $18 Billion Penalties in Deepwater Horizon Explosion
Four years after the Deepwater Horizon rig explosion, BP plc (ADR) (NYSE:BP) was found guilty according to a federal judge ruling. The company might face civil penalties of $18 billion because of the resultant pollution in the Gulf of Mexico as stated under the U.S. Clean Water Act. According to Carl Barbier, U.S. District Judge…
The Home Depot, Inc. (HD) Might Have a Data Breach in All the Stores
According to a report released by security website KrebsonSecurity, The Home Depot, Inc. (NYSE:HD) might have lost customer data throughout all the stores within the United States after a potential data breach event. The founder of website, Brian krebs, even said that there is a possibility that the event might have affected all the 2,200…
Icahn Lays Off Entire Stake in Family Dollar Stores, Inc. (FDO)
According to a report from Reuters, Carl Icahn, Billionaire investor, has sold his entire stake in Family Dollar Stores, Inc. (NYSE:FDO) fetching a profit of $200 million with the deal. Icahn played a crucial role in pushing Family Dollar to sell itself after disclosing a 9.4% stake in the retailer store. As per the report,…
Intel Corporation (INTC) Comes Up with 8-Core Processor for Heavy Gamers
Intel Corporation (NASDAQ:INTC) has launched its first 8-core client processor specifically designed for gamers, content creators, and multitasking purposes. With its quad-channel memory and 16-thread performance, this processor is likely to take chip industry by surprise. The chipset is a major step in Intel’s powerful systems and the processor showcases 16 computing threads offering immense…
Image Sensing Systems, Inc. (ISNS) Shares Climbed 108% Post Ferguson’s Shooting
Image Sensing Systems, Inc. (NASDAQ:ISNS)’s shares soared as much as 108% since September 2 at $3.71 to $7.75 at the time of closing on September 3, 2014. The stocks soared after the shooting of an unarmed 18-year old black male by a white office in the Ferguson Police Department. Image Sensing Systems, Inc. (NASDAQ:ISNS) specializes…