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September 6th, 2018 Health technology company Theranos based in California that was once known as a high flying blood-testing start-up accused of cheating and betraying its investors is reportedly shutting down. It is being stated that the company was not able to sell itself and is now looking to pay unsecured creditors its remaining cash of about $5...
USA

September 3rd, 2018 The top spy catcher of the United States has announced that Chinese intelligence agencies are using fake LinkedIn accounts for the purpose of recruiting Americans with access to government and commercial secrets. They have stated that the company should shut them down. The U.S. counter-intelligence chief, William Evanina has accused...
USA

August 30th, 2018 With the tough fight among the social media giants including Facebook, Instagram, Snapchat etc, it has always been the primary motive of these companies to target the teenagers as most of the user base of the social media platforms comes from the teens. Though Instagram and Facebook have been prevailing in the market since a long...
USA

August 16th, 2018 It was a few months ago that the technology giant Google announced the release of its new subscription program known as Google One. This program has been designed to get more storage on Google Drive and various other perks. The subscription program has now been rolled out and over the last few weeks, Google gradually rolled existing...
USA

August 2nd, 2018 Elon Musk, the well-known entrepreneur who is the CEO of Tesla has announced that his electric car company won’t be raising cash by selling stock. Along with this he also stated that the investment in the new factory to be set up in China is expectedly to be done through a local debt from the bank. Provided that Tesla is burning...
USA

July 26th, 2018 Gilead Sciences, the leading biopharmaceutical company of America has announced that John Milligan, the president and chief executive officer of the company will step down after serving the company for 28 long years. Milligan will remain in his present position by the end of the year while the company's board conducts a search for his...
USA

June 19th, 2018 While the US-China Trade battle is heating over every day, President Donald Trump on Monday has threatened to impose tariffs on an additional $200 bn of Chinese goods amidst growing conflicts. The White House has said that if China is found going against its promise to retaliate against US tariffs announced last week, US will impose...
USA

June 15th, 2018 The American business magnate Elon Musk on Thursday claimed that a high-speed transportation system will move people between downtown Chicago and O'Hare International Airport at speeds of up to 150 mph could be operational in about three years. The basic aim of the project is to reduce travel time to less than minutes. Elon Musk...
USA

June 7th, 2018 Norges Bank Investment Management (NBIM), world's largest sovereign wealth fund on Wednesday said that it had backed an initiative to wrest the role of chairman away from Tesla Chief Executive Elon Musk. The proposal which represented the strongest challenge yet to Musk’s grip on the Silicon Valley car company got defeated Tesla’s...
USA

June 5th, 2018 The American Multinational Retail Corporation Walmart Inc. has announced to sell the majority of its stake that is 80% stake in its Brazilian business operations to a private equity company Advent International Corp. decreasing its existence in countries where it is battling and struggling for profitability. Walmart is a US-based...
USA

June 4th, 2018 The Google employees have lately discovered that the most popular multinational technology company will withdraw from a contract to assist the military in making use of Artificial Intelligence (AI) to examine drone videos, followed with a disapproval by the workers. On Friday, An executive from Google's cloud team proclaimed and told...
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