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Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung plans to spend USD 22 Billion in the next three years on developing artificial intelligence, 5G, automotive electronic parts and biopharmaceuticals. This comes as part of the earlier announced USD 160 Billion investment on research, developm..

Samsung Profit Slows Down as the Galaxy S9 Doesn’t Reach its Sales Target

Samsung Profit Slows Down as the Galaxy S9 Doesn’t Reach its Sales Target

Samsung Electronics Co Ltd announced its slowest quarterly profit growth in over a year on Tuesday as its Galaxy S9 device missed its sales targets.However, the company explained in the announcement that it plans to come out with innovative technolo..

Boeing leases a 100,000 square foot space with MIT for their Boeing Aerospace & Autonomy Center in Kendall Square

Boeing leases a 100,000 square foot space with MIT for their Boeing Aerospace & Autonomy Center in Kendall Square

The Boeing Company (NASDAQ: BA) and the Massachusetts’s Institute of Technology (MIT) reached an agreement in which Boeing will lease 100,000 sq. ft. for their new Boeing Aerospace & Autonomy Center in MIT’s new mixed-use district in..

Asia Stocks Rise as Wall Street Gains

Asia Stocks Rise as Wall Street Gains

Supported by positive Wall Street earnings, Asian stocks rose on Wednesday. However, trade tensions remained in focus before a meeting of the U.S. and European Commission Presidents.According to Reuters, now that the trade spotlight is on Europe, th..

Google Partners with Digital Asset to Build Blockchain Apps

Google Partners with Digital Asset to Build Blockchain Apps

Alphabet Inc. (NASDAQ: GOOG)'s Google and financial technology startup, Digital Asset, announced on Monday a partnership to bring blockchain to Google Cloud. Google is currently increasing its use of blockchain technology to compete with Amazon...

Google, Facebook, Microsoft, and Twitter team up for Data Transfer Project

Google, Facebook, Microsoft, and Twitter team up for Data Transfer Project

Google, Facebook, Inc. (NASDAQ: FB), Twitter, Inc. (NYSE: TWTR) and Microsoft (NASDAQ: MSFT) announced today that they will be working together on a new software initiative, the Data Transfer Project, to allow you to transfer data directly betw..

Morgan Stanley Shares Surged After Better-than-Expected Results

Morgan Stanley Shares Surged After Better-than-Expected Results

On Wednesday, Morgan Stanley (NYSE: MS) reported its financial results for the second quarter of fiscal 2018. With both earnings and revenue surpassing estimates, shares of the company surged 3.3% in premarket trading today.According to the company,..