electronics

Best Buy Shares Fall on Disappointing Long-term Forecast

Best Buy Shares Fall on Disappointing Long-term Forecast

Best Buy Co Inc. (NYSE: BBY) shares fell 8 percent on Tuesday after the company forecast the fiscal 2021 earnings below analysts’ estimates. The consumer electronics company released its financial targets for fiscal 2021 on Tuesday. Revenue is..

Samsung Looking into Autonomous Driving

Samsung Looking into Autonomous Driving

Samsung Electronics Co Ltd has announced plans to diving into autonomous driving after their recent $8 billion acquisition of Harman. Well known for their audio speakers, Harman’s 65% of sales derives from their automotive business, on bo..

Autoliv Splitting into 2 Listed Companies

Autoliv Splitting into 2 Listed Companies

On Thursday, Autoliv Inc. (NYSE: ALV) announced that they will be splitting into 2 companies with one that is focused on high tech safety gear to expand growth towards self driving vehicles which boosted shares. The company is most well known for th..

Sony Reported Strong Q1 Earnings

Sony Reported Strong Q1 Earnings

This week, Sony Corp (NYSE: SNE), the Japanese electronics and entertainment giant, reported its financial results for the first quarter ended June 30, 2017.According to the company, operating profits for the first quarter increased to $1.43 billion..

Paypal Announced partnership with Samsung Pay and Visa

Paypal Announced partnership with Samsung Pay and Visa

PayPal Holdings, Inc. (NASDAQ: PYPL), one of the world’s largest Internet payment companies, has announced a big move to expand its digital payment system as they will be partnering with Samsung Electronics. Samsung users will now be able to u..

E-Commerce TaoBao Bidding on Debt

E-Commerce TaoBao Bidding on Debt

China’s biggest e-commerce platform TaoBao is used by millions of Chinese consumers to purchase a range of everything from food to electronics and markets more than 1 billion yuan of assets a day. Owned by e-retailing giant Alibaba Group Holdi..

Best Buy slips After Amazon launched their own “Geek Squad”

Best Buy slips After Amazon launched their own “Geek Squad”

Monkey see, monkey do is the name of the tech game. As one tech software comes out and revolutionizes the industry, all other similar tech platforms follow suit. So why should we expect anything different from tech retailers?Amazon, Inc (NASDAQ: AMZ..