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Home Depot Inc (NYSE:HD) Reports Loss Of $1.4 Million Because Of Shoplifting: Home Depot Expects A Drop Of 14% In Profits In 2020

Home Depot Inc (NYSE:HD) reported a loss of $1.4 million because of thefts caused by opioid abuse. According to Home Depot, the retail space is losing a lot because of the abuse of fentanyl and heroin in the US. The loss resulting from the opioid crisis and fraud amounts to $50.6 billion in 2019. $15.5 […]

Apple Inc (NASDAQ:AAPL) Sets Out To Unveil Six Different iPhone 12 Models By 2020

Apple Inc (NASDAQ:AAPL) intends to unveil about six different iPhone 12 models by the time 2020 arrives. Market dynamics tend to be shifting quite fast and that is impacting customer-decision making significantly. Leading manufacturers such as Apple are expanding their businesses quite fast and that is even clear from today’s announcement. A close outlook The […]

Uber (NYSE:UBER) CEO Says The Company Could Soon Offer Retail Delivery Services

Uber Technologies (NYSE:UBER) CEO Dara Khosrowshahi has indicated that the ride-hailing company has a similar model as that of e-commerce giant Amazon (NASDAQ:AMZN). Khosrowshahi indicated that Uber can offer more than just booking rides. Uber CEO wants to transform transport marketplace The CEO said that the company is fundamentally distinct from other companies because it […]

Google (NASDAQ:GOOGL) Criticised Regarding Dismissal Of Four Employees Trying To Unionise

Google (NASDAQ:GOOGL) dismissed four employees on Monday for alleged breach of data security policies. However, there are allegations that the tech company took action against the employee because they were trying to unionize staff. Google fires four employees for violation of data security policies The firing of the four employees that have called the “Thanksgiving […]

Intel Corporation (NASDAQ:INTC) Introduces Ponte Vecchio And Enters GPU Space: Intel Launches oneAPI, A Programming Interface For Developers

Intel Corporation (NASDAQ:INTC) has entered the GPU space with the launch of Ponte Vecchio on Sunday night. The company has designed and developed a GPU to handle simulation workloads, HPC modeling, and AI training. Intel will produce the new GPU using its next-generation 7-nm process. Launch of Ponte Vecchio in 2021 During an earnings conference […]

AT&T Inc. (NYSE:T) Offers Free Shows: Oz To Game Of Thrones To Premium Mobile Customers To Counter Competition From Sprint And Verizon

Armed with TV Shows and classic movies amassed through the takeover of Time Warner, AT&T Inc. (NYSE:T) offers popular shows that include ‘the sex and city, ‘oz’, and ‘Game of Thrones’ to its mobile customers. The main aim of this move is to counter the streaming services of rivals such as Sprint, T-Mobile, and Verizon. […]

Alphabet Inc (NASDAQ:GOOGL) Leaps Into the Wearable Industry By Buying Fitbit Inc (NYSE:FIT) For $2.1 Billion

Alphabet Inc (NASDAQ:GOOGL), the tech giant that helped make it fun to sit around surfing the web, is leaping into the fitness-tracker market by buying Fitbit Inc (NYSE:FIT) for about $2.1 billion. This deal will put the California-based Corporation in direct competition with Samsung and Apple Inc. (NASDAQ:AAPL) in the highly competitive market for smartwatches […]

Facebook, Inc. Common Stock (NASDAQ:FB) Agrees to Pay Fine To UK Regulator for its Role in Cambridge Analytica Scandal

Facebook, Inc. Common Stock (NASDAQ:FB) announced recently that it has finally resolved to pay a fine of about $643,000 to the U.K.’s data protection watchdog for its alleged involvement in the Cambridge Analytica scandal. The U.K. Information Commission Office (ICO) issued the fine to the social media company in October 2018 after it was reported […]

What Should You Know About LYFT Inc’s (NASDAQ:LYFT) Jobs Access Program?

LYFT Inc’s (NASDAQ:LYFT) Jobs Access Program is a unique initiative that intends to solve short-term transportation problems for job seekers. The program allows people get free transportation for job interviews and training programs, and also free rides to work in the initial three weeks of employment. Lyft’s ongoing partnerships with transit agencies and cities form […]

Alphabet Inc (NASDAQ:GOOGL) ‘s Google Introduces Machine Powered Language Processing – BERT To Provide Better Search Results

Alphabet Inc (NASDAQ:GOOGL) ‘s Google has come up with a new search method – BERT (Bidirectional Encoder Representations From Transformers) to provide meaningful search results. Starting today, Google uses machine powered language processing to show better results in understanding the context of the search query. How BERT works? Google has been using natural language processing […]

Libra Association Launched By Facebook, Inc. (NASDAQ:FB) Elects A Five Member Board Of Directors On Its First Meeting

Despite the exit of prominent payment processors, Libra Association launched by Facebook, Inc. (NASDAQ:FB) conducted its first meeting on Monday in Geneva. It has the support of 21 members that include Venture Capital Firms, Vodafone, Spotify, Lyft, and Uber. Facebook moves ahead with creating Libra Shrugging off the criticism from US politicians and regulators and […]

Apple Inc (NASDAQ:AAPL) Pushed To Explain Why It Send Safari Data To Tencent

Apple Inc (NASDAQ:AAPL) recently had a difficult time explaining accusations that it had been engaging in shady deals with Tencent. Apple has always put itself forward as a company that takes the privacy of users with seriousness. However, reports indicate that the business giant has been sending the IP addresses of users to Chinese conglomerate […]

Investors Prefer Roku Inc. (NASDAQ:ROKU) Over Netflix Inc. (NASDAQ:NFLX) Says TD Ameritrade’s Kinahan

Risk sentiment among investors has been softening recently and people are taking it off the table. While speaking to CNBC’s “Closing Bells” team, TD Ameritrade market strategist JJ Kinahan gave an insight into the stocks they covered in September. He said there is a risk but people are not taking enough risk and they are […]

The Entry Of Apple Inc. (NASDAQ:AAPL) And Facebook, Inc. (NASDAQ:FB) Into Finance Forces Big Banks To Seek The Help Of Young Rivals

With the entry of tech giants – Apple Inc. (NASDAQ:AAPL), and Facebook, Inc. (NASDAQ:FB) into the finance industry, the big banks are teaming up with younger rivals to stay afloat. To move in tandem with the changing times, several big banks are either buying start-up competitors outright or teaming up with them. It helps them […]

Amazon.com, Inc. (NASDAQ:AMZN) Steps Up Efforts To Reduce Climate Impact And Places An Order On Rivian For 100,000 Electric Trucks

To reduce the impact on climate, Amazon.com, Inc. (NASDAQ:AMZN) is gearing up and announced plans to purchase 100,000 electric trucks from Rivian, a Michigan based firm. The ordered vehicles are of emission-free category. It plans to become carbon-neutral by the year 2040. This commitment is ten years earlier than United Nations Paris Agreement. Climate Pledge […]

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