Tesla Motors Inc (NASDAQ:TSLA) faces another hurdle as Iowa State bans Model S test drive. Model S is the latest electric car released by the company. The model is the Customer Report’s ideal overall automobile of 2014. Even with the car’s comfort, efficiency, and the fact that the car is extremely environmental friendly, several U.S.…
Colgate-Palmolive Company (CL) Stock Rises Amid Takeover Reports
Colgate-Palmolive Company (NYSE:CL) defied odds to rise 1.3% in the market to trade at $66.23, following reports that the company is exploring merger. This marks the company’s highest since July this year. The $60 billion company is among many other household product producers faced with stiff competition in the highly dynamic market. The idea of…
Facebook Inc (FB) Reveals More Details about Its Planned Internet Planes
Facebook Inc (NASDAQ:FB), at the 2014 Social Good Summit on Monday, revealed more information about the planned beaming of internet to the developing world. The project was first revealed in March this year. Together with Internet.org, Facebook Inc is working towards supplying the remaining 15% of the world with internet connectivity. The engineering director at…
Apple Inc. (AAPL) iOS 8 Update Removed after User Complaints
Apple Inc. (NASDAQ:AAPL) has removed the iOS 8 update that it had rolled out for iPhone iPad, and iPod touch users. The move came after several users complained that the new update causes some of the phones features not to work. There are users who complained that the update causes Touch ID feature not to…
Apple Inc. (AAPL) iOS 8 Causing Some Apps to Regularly Crash
A new report has revealed that those who’ve updated their iPhones or iPods to the new Apple Inc. (NASDAQ:AAPL) iOS 8 released last week have been experiencing frequent app crashes. The affected users have said that the crashing apps initially worked properly in the older versions of iOS. Some of the popular apps that crash…
Amazon.com, Inc. (AMZN) Testing Smart Home Gadgets amid Hardware Unit Expansion Plans
Amazon.com, Inc. (NASDAQ:AMZN) is working on a plan to enhance its Silicon Valley-based hardware unit, Lab126, by 27% within the next 5 years. At the same time, the online retailer is testing its smart home devices in the same lab. Lab126 is the unit that developed Kindle and several other consumer electronics. The company is…
Walgreen Company (WAG) Considering Part Sale of Infusion Business Valued at $1.5 Billion
Walgreen Company (NYSE:WAG), a U.S. drugstore chain, is said to be exploring the sale of majority stake of about 50% in its infusion business. The stake valued at approximately $1.5 billion. The unit that has been floated for sale, Walgreen Infusion Services, offers infusion services both at its centers and at private homes across the…
Google Inc (GOOGL) Non-Search Services Could also Face Probe by European Union
Google Inc (NASDAQ:GOOGL) could be headed for another legal battle with the European Union over claims that the tech giant is directing traffic to some of its non-search services. Speaking yesterday, the European Competition Commissioner Joaquin Almunia said that several complaints have been registered with them, and they could be setting up investigations into the…
Google Inc (GOOGL) To Construct a $773 Million Data Hub in The Netherlands
Google Inc (NASDAQ:GOOGL), the U.S. tech giant is expanding its activities in Europe. The company made an announcement Tuesday that it will build a data hub in the Dutch Provide of Groningen, The Netherlands. The center is planned to cost the company 600 million Euros ($773 million). Through a blog post, Google Inc (NASDAQ:GOOGL) said…
Alibaba Group Holding Ltd (BABA) to Develop a $163 Billion To Encourage Online Business Loans
Alibaba Group Holding Ltd (NYSE:BABA) came out of its IPO bigger and richer. The company recorded the largest IPO ever. And with that money, the Chinese online retailer is looking at bigger things ahead. Now, Alibaba Group Holding is said to be working on a plan to set up a $163 billion marketplace to encourage…