systems

Ex-Uber CEO Launching Real Estate Startup

Ex-Uber CEO Launching Real Estate Startup

Former Uber Technologies Inc. Chief Executive Officer and Founder, Travis Kalanick announced via Twitter Inc. (NYSE: TWTR) that he will investing $150 million to take a stake in City Storage Systems. Once the transaction closes, Kalanick will become..

Microsoft pauses AMD Processor Updates on Errors

Microsoft pauses AMD Processor Updates on Errors

Microsoft Corp. (NASDAQ: MSFT) paused patches to prevent Meltdown and Spectre security threats for computer running on Advanced Micro Devices, Inc. (NASDAQ: AMD) processor chips after receiving many complaints about display errors or freezes.In Micr..

Google and Cisco team up for new Cloud solution

Google and Cisco team up for new Cloud solution

Cisco Systems Inc. (NASDAQ: CSCO) and Alphabet’s (NASDAQ: GOOGL) Google Cloud division announced on Wednesday that two companies will now team up to build more efficient hybrid cloud solutions. The cloud will be managed and secured along facil..

Lockheed Martin shares slip on Q3 miss

Lockheed Martin shares slip on Q3 miss

Lockheed Martin Corp’s (NYSE: LMT), the Pentagon’s biggest defense supplier, shares slipped on Tuesday after missing estimates in both revenue and profit. Shares were down over 3 percent by midday on Tuesday.The aerospace and defense con..

Adobe Shares Fall After Earnings

Adobe Shares Fall After Earnings

Adobe Systems Incorporated (NASDAQ: ADBE) on Tuesday reported fiscal third quarter earnings that beat analysts’ estimate. But its shares are traded lower as four quarter guidance just matches estimates.The software maker said revenue rose 26 p..

Northrop Grumman Corporation Acquires Orbital ATK for $9.2 Billion

Northrop Grumman Corporation Acquires Orbital ATK for $9.2 Billion

Northrop Grumman Corporation (NYSE: NOC) has announced the acquisition of the aerospace and defense systems company, Orbital ATK, Inc. (NYSE: OA) for $9.2 billion. Shares of Orbital ATK up about 20% after the announcement. According to a definitive ..

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..