Alibaba Group Holding Ltd (NYSE:BABA), the Chinese retail and e-commerce giant has announced that it has bought Daraz, the leading online retailer in Pakistani. The move is part of the company’s wide program of spreading its footprints in the growing consumer market in South Asia. Started in 2012 by Rocket...
Comcast Corporation (NASDAQ:CMCSA) and Walt Disney Co (NYSE:DIS) are engaged in a supremacy battle. This battle is being fought at the doorsteps of Sky. Both companies are trying to outdo each other in trying to purchase Sky which runs pay-TV services in the United Kingdom and markets and Italy...
Several markets are rising. However, some markets are doing better than other and have gained massive gains in the last one year. Many stocks like Chipotle Mexican Grill, Inc. (NYSE:CMG), Tripadvisor Inc Common Stock (NASDAQ:TRIP) and Netflix, Inc. (NASDAQ:NFLX) are currently trading 20% above their 200-day moving average. However,...
iQIYI, Inc (NASDAQ:IQ)’s self-developed Digital Rights Management (DRM) system has been approved by ChinaDRM Lab, the most prestigious DRM organization in China. iQIYI, Inc is an innovative leader in online entertainment services in China. The approval of the DRM system by ChinaDRM Lab, which is the first for a local...
Blink Charging Co (NASDAQ:BLNK) has launched its vehicle charging services to Miami. Blink Charging Co, which owns, operates and provides electric vehicle (EV) charging services, is the current provider of EV charging services in the City of Miami Beach. The company has announced that it is installing several new...
Verizon Communications Inc. (NYSE:VZ) has launched a new startup that will offer users with unlimited low-cost services. Users in the US will be able to access unlimited message, data and talk minutes for a monthly fee of juts $40. This is almost half of the average mobile phone bill...
Facebook, Inc. Common Stock (NASDAQ:FB) is very serious about developing and launching its own digital currency. This was said by Alex Heath from Cheddar. This is not the first time that reports of Facebook launching its own cryptocurrency, dubbed ‘Facecoin’ are coming to surface. However, this time round, such...
Apple Inc. (NASDAQ:AAPL) has partnered with aluminum producers Rio Tinto plc ADR Common Stock (NYSE:RIO) and Alcoa Corp (NYSE:AA) in a partnership that is aimed at getting rid of greenhouse gases emitted during aluminum smelting. The company announced that the new revolutionary technology was jointly by the three companies and is...
For over quite some time Jon Friedman has remained to be the man behind most of the Microsoft Corporation (NASDAQ:MSFT) notorious product failures, including the KIN phone, ultra mobile PCs, the SPOT watches from 2004 not forgetting the unreleased Courier device. Quick reflection It was in the course of this week that Microsoft’s...
Marathon Petroleum Corp (NYSE:MPC) has announced that it is taking over its main competitor Andeavor in a $23.3 billion deal. If completed, this will be the biggest deal for an oil refinery and will lead to the creation of U.S’s largest independent fuel maker. The deal, which will be paid...