Facebook Inc (NASDAQ:FB) has been eying the lucrative healthcare sector, but has been occupied with the development of products thought to be more urgent. Now, the social media giant is seriously working ways to join the sector by creating an online health support community, connecting its users who are suffering from specific ailments. It’s not…
JPMorgan Chase & Co. (JPM) Computers Hacked Exposing Data of 83 Million Accounts
JPMorgan Chase & Co. (NYSE:JPM) has fallen victim to what could be one of the biggest hacks in history, exposing data belonging to 76 million households and 7 million small businesses. The bank, in a revelation Thursday, indicated that the hack collected names and email addresses, but no critical information such as accounts details, passwords,…
Cree, Inc. (CREE) and Agrium Inc. (AGU) Stocks Flagged By Jim Cramer
If you are an investor, you might want to think twice before purchasing the shares of Cree, Inc. (NASDAQ:CREE) or Agrium Inc. (TSE:AGU). According to Jim Cramer of CNBC, the pre-announced earnings of Cree is a clear indication that the company isn’t doing well. Cramer said that the fact that Cree, Inc. (NASDAQ:CREE) has projected…
Tesla Motors Inc (TSLA) GigaFactory Will Uplift the Face of Nevada
Tesla Motors Inc (NASDAQ:TSLA) recently received the approval of the Nevada lawmakers and the Governor to construct a $5 billion gigafactory for the manufacture of batteries. According the company’s CEO Ellon Musk’s own words, the capacity of the company will be more than that of all the current battery production of the whole world combined.…
GoPro Inc (GPRO) Shares Tumble After 5.8 Million Shares Donated by Founders
After GoPro Inc (NASDAQ:GPRO) founders donated 5.8 million shares to start a charitable foundation, the stock slumped a whole 6.9% to close at $85.46 in New York. Nicholas Woodman, who is one of the company’s founders, evaded a post IPO lock-up selling restriction by donating the shares to Jill & Nicholas Woodman Foundation, a new…
BlackBerry Ltd (BBRY) CEO Chen Says Passport is not Meant to Kill Apple Inc. (AAPL) iPhone
BlackBerry Ltd (NASDAQ:BBRY) CEO John Chen has reiterated that the release of Blackberry Passport is not in any way an effort to compete Apple Inc. (NASDAQ:AAPL) iPhone. Instead, he said that the Passport is meant to give people, not just what they want, but exactly what they need. So here is the difference: While many…
General Motors Company (GM) Recalls 117,000 Vehicles over Chassis Control Modules Defect
General Motors Company (NYSE:GM) is recalling some new model vehicles over faulty chassis control modules that can cause the vehicles to either fail to start or stall. This, the company has said, has the potential of causing a crash. The recalled cars are from 2013 and 2014 model year. Of the 117,000 vehicles recalled, 97,540…
The New York Times Company (NYT) To Dismiss About 100 Newsroom Employees
The New York Times Company (NYSE:NYT) announced Wednesday that it will be reducing its newsroom employees by 100 to cut costs and redirect some funds to the creation of digital news products. A few other positions from the business and editorial operations will also face the cut. The company has said that it will be…
Facebook Inc (FB) COO Sheryl Sandberg Spells out the Social Media Company’s Biggest Risks
Facebook Inc (NASDAQ:FB), just like any other social media company, has several risks that demands that the company keeps on reinventing itself to avoid collapsing or losing substantially to competitors. Sheryl Sandberg was in New York for the Advertising Week where she was interviewed by Fortune about the company’s plans as they surge into the…
Twitter Inc (TWTR) Invests $10 Million on MIT Social Media Research Project
Twitter Inc (NYSE:TWTR) will avail all tweets to Massachusetts Institute of Technology research group to analyze how people use social media to share ideas and achieve shared goals. The team will then come up with a robust communication tool that can be used by people for social, civic, and political collaborations. The tool will also…