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A Proposed House Bill 1592 Seeks To Block Tesla Motors Inc (NASDAQ:TSLA) From Selling Cars Directly To Customers

A Proposed House Bill 1592 Seeks To Block Tesla Motors Inc (NASDAQ:TSLA) From Selling Cars Directly To Customers

Tesla Motors Inc (NASDAQ:TSLA) the electric car manufacturer does not use dealers to get to its customers. Instead, it sells directly to them. However, there is a looming speculation that this is likely to stop within the next three years if a proposed legislation, which was discussed for hours on […]

Retailers in UK Enjoy Strong Sales on Black Friday

Retailers in UK Enjoy Strong Sales on Black Friday

Shoppers across Britain pounced on the bargains available on Black Friday late last month which gave an unexpected boost to retail, that contrasted signs earlier of a subdued beginning to the Christmas spending season. Through most of 2017 consumers have felt squeezed by increasing inflation which hits the hardest in […]

Vale SA (ADR) (NYSE:VALE) Signs $2 Billion Credit Line, Replacing 2013 Agreement

Vale SA (ADR) (NYSE:VALE) Signs $2 Billion Credit Line, Replacing 2013 Agreement

Vale SA (ADR) (NYSE:VALE), a mining company from Brazil has signed revolving $2 billion credit facility that will last for five years. The new deal will replace the five-year $2 billion credit facility that was signed in 2013. The company disclosed in its securities filing that the new credit facility […]

Alibaba Group Holding Ltd (NYSE:BABA) And Amazon.Com, Inc. (NASDAQ:AMZN) Increasingly Turning To Physical Stores

Alibaba Group Holding Ltd (NYSE:BABA) And Amazon.Com, Inc. (NASDAQ:AMZN) Increasingly Turning To Physical Stores

Despite the end of brick and mortar stores having been predicted, Alibaba Group Holding Ltd (NYSE:BABA) and Amazon.com, Inc. (NASDAQ:AMZN), who were once pure-play ecommerce firms are now opening their own physical retail centers to become some sort of hybrid retailers. In the case of Amazon, what started out as […]

Margaret Georgiadis Steps Down from Mattel CEO Post

Margaret Georgiadis Steps Down from Mattel CEO Post

Mattel Inc. said Thursday that Ynon Kreiz a member of the board and an executive in digital media would replace CEO Margaret Georgiadis, who is resigning after just 14 months in charge of the maker of Barbie dolls and Hot Wheels. Mattel, whose stock has lost close to half its […]

Alphabet Inc (NASDAQ:GOOG) Silences Messages It Dislikes, Former Reporter Asserts

Alphabet Inc (NASDAQ:GOOG) Silences Messages It Dislikes, Former Reporter Asserts

Earlier, a scholar called Barry Lynn had offered his support to an EU antitrust to fine against the search provider. In retaliation, the company resolved to eliminate the scholar from the New America think tank it funds. At the moment, a former Forbes writer has launched claims asserting that Google […]

QUALCOMM, Inc. (NASDAQ:QCOM) Signs Major Deal With Three Manufacturers In The PC Market

QUALCOMM, Inc. (NASDAQ:QCOM) Signs Major Deal With Three Manufacturers In The PC Market

QUALCOMM, Inc. (NASDAQ:QCOM) has signed deals with three major laptop manufacturers as part of its plan to push its processors into the PC market. Qualcomm signed the deal with ASUS, Lenovo and HP Inc. (NYSE:HPQ) and the contract with the three firms will allow for the production of future laptops […]

Alphabet Inc (NASDAQ:GOOG) Collaborates With Xiaomi In A Bid To Capture A Huge Market Share

Alphabet Inc (NASDAQ:GOOG) Collaborates With Xiaomi In A Bid To Capture A Huge Market Share

This provider had over numerous instances attempted to lock down the enormous Indian smartphone market with its Android One smartphone program. Google was optimistic that the Android One would succeed at impressing a lot of users by helping them obtain cheap smartphones employing latest version of Android. This was indeed […]

Baidu Inc (ADR) (NASDAQ:BIDU) To Unveil A Gadget To Serve Translation Purposes

Baidu Inc (ADR) (NASDAQ:BIDU) To Unveil A Gadget To Serve Translation Purposes

This Chinese web company and search giant has expressed its great commitment towards making it a lot much easier for all tourists to get around Japan, China and the English-speaking countries. To achieve its objective, it will soon be unveiling a new gadget. It will have the ability to listen […]

Microsoft Corporation (NASDAQ:MSFT) And KPMG Announce Global Partnership

Microsoft Corporation (NASDAQ:MSFT) And KPMG Announce Global Partnership

Microsoft Corporation (NASDAQ:MSFT) and KPMG have announced a global partnership in which KPMG’s audit practices are available on the Microsoft Azure cloud platform. The partnership between Microsoft and KPMG seeks to create a global digital solutions hub that will take advantage of Microsoft’s artificial intelligence technology and Azure cloud services. […]