tech

SoftBank is Planning an IPO of $18 Billion for its Unit of Mobile Phones

SoftBank is Planning an IPO of $18 Billion for its Unit of Mobile Phones

The SoftBank Group is planning to register its business of mobile phones by raising approximately $18 billion, a spin-off which would complete the transformation of the telecoms conglomerate in Japan and make it an international technology investor...

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..

New York City Files Lawsuit Against Exxon, BP, Chevron

New York City Files Lawsuit Against Exxon, BP, Chevron

The City of New York said on Wednesday that it will be suing BP plc (NYSE: BP), Chevron Corporation (NYSE: CVX), Exxon Mobil Corporation (NYSE: XOM), and Royal Dutch Shell plc (NYSE: RDS.A) in an attempt to hold oil and gas producers responsible for..

Sears Raises $100 Million in Financing & Cut $200 Million Costs

Sears Raises $100 Million in Financing & Cut $200 Million Costs

On Wednesday, Sears Holdings Corp (NASDAQ: SHLD) announced that they have secured $100 million in new financing and will try to cut an additional $200 million in costs this year as the retailer tries to regain footing after a big sales drop during t..

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

Mary Barra, General Motors Company (NYSE: GM) Co Chief Executive, has promised investors that the company will be selling profitable electric cars by 2021. There has been no major automaker that has done this before. GM plans to achieve this by comb..

Google, Sony, Lenovo Work on Smart Speakers with Touchscreens

Google, Sony, Lenovo Work on Smart Speakers with Touchscreens

On Monday, Alphabet Inc (NASDAQ: GOOGL) has announced plans to partner with LG Electronics Inc. and Sony Corp (NYSE: SNE) to incorporate their voice controlled virtual assistant into new tablet like devices. As Google tries to challenge Amazon.com,..

Crypto Created as a Joke Breaks $2 Billion Market Cap

Crypto Created as a Joke Breaks $2 Billion Market Cap

Dogecoin, a cryptocurrency created as a joke after an internet meme, surpassed a market cap of over $2 billion on Sunday. The parody cryptocurrency has shown impressive movement since the end of November.In late November, prices were for Dogecoin we..