Following the release of its latest financial earnings, shares in streaming giant Netflix skyrocketed by 13% in pre-market trading on Wednesday. This outcome is in stark contrast to the earnings shortfall suffered by Netflix on Tuesday evening.
The online streaming service outperformed the majority of market estimates in its latest...
The Warren Buffet-led conglomerate Berkshire Hathaway has decided to decrease the sum of its investments in Apple Inc, opting to instead reinvest some capital in companies from the drug, telecom, and oil industries during the latest financial quarter. Berkshire Hathaway's latest initiative became apparent in the company's filings with...
Self-driving tech startup Nuro announced on Wednesday that it will be launching an autonomous driving delivery service for 7-Eleven in California, the first of its kind in the state. The service will make use of Toyota Priuses that have been converted into autonomous vehicles while safety drivers will remain...
Apple has entered discussions with Google over the prospect of building Google's Gemini artificial intelligence engine into the iPhone. According to a report from Bloomberg, negotiations are centered on licensing Gemini for certain features that are set to come to the iPhone's software as well as the branding of...
With Beijing tightening its oversight on some of China's biggest tech firms, Xiaomi has made a bid to market a dollar bond deal to international investors. The tech firm is looking to raise $1 billion from this effort, which would include a rare green bond tranche.
Prior to beginning...
Eric Yuan, founder and CEO of Zoom Video Communications Inc., has experienced a $5.1 billion decline in his net worth following Pfizer Inc.’s announcement on Monday that its Coronavirus vaccine has prevented over 90% of infections during clinical trials.
While airlines, oil corporations, and tourism operators enjoyed surges in stock...
After engaging in a round of Series E funding, fitness tracker startup Whoop raised a grand total of $100 million, the company reported on Wednesday. The startup venture is now estimated to have a worth of $1.2 billion.
In addition to receiving the backing of venture capital firm IVP and...
Over a dozen U.S. regulators have made allegations against Apple Inc, stating that the tech giant misled customers over information regarding the iPhone’s battery power, as well as software updates that hamper the smartphone’s performance. As a result, Apple has agreed to a settlement worth $113 million, valid in...
When it comes to the giant corporations of today, the stakes get higher and higher. We're not talking millions, and we're not talking billions—we're talking trillions.
There are two companies that are expected to reach a value of $2 trillion sometime soon, and they're Microsoft and Amazon.
Last week, Microsoft's shares...