war

DOJ sues AT&T to block acquisition of Time Warner

DOJ sues AT&T to block acquisition of Time Warner

The U.S. Department of Justice sued AT&T Inc. (NYSE: T) to block its acquisition of Time Warner Inc. (NYSE: TWX) saying that the $108 billion acquisition would lessen competition resulting in higher prices for millions of paying subscribers.Acco..

Apple Possibly Dropping Qualcomm Components

Apple Possibly Dropping Qualcomm Components

Apple Inc. (NASDAQ: AAPL) announced plans to possibly drop chips for iPhones and iPads supplied by Qualcomm Inc. that might take in effect in fall of 2018. This plan followed a change in supply arrangements where QUALCOMM, Inc.(NASDAQ: QCOM) ha..

Amazon Hit with Restrictions on Whole Food Locations from Retailers

Amazon Hit with Restrictions on Whole Food Locations from Retailers

Recently, Target has had a strong disagreement with sharing the same location leases with Whole Foods due to worries of competition with Amazon.com, Inc. (NASDAQ: AMZN) San Francisco’s City Center mall was about to lease a retail space for Who..

Snap’s Investment in Spectacles backfires

Snap’s Investment in Spectacles backfires

Snap Inc. (NYSE: SNAP) overestimated the amount of sales for the Spectacles. Now, the company is backed up with over hundreds of thousands of unsold Spectacles just sitting in a warehouse waiting to be bought, first reported by The Information...

Blackstone Tops on Third-Quarter Earnings

Blackstone Tops on Third-Quarter Earnings

On Thursday, Blackstone (NYSE:BX), which is one of the world’s leading investment firms, announced its financial results for the third quarter of 2017, with earnings and revenue both beating estimates.According to the company, for the third qu..

Adobe Shares Jump on Strong 2018 Profit Forecast

Adobe Shares Jump on Strong 2018 Profit Forecast

Adobe Systems Incorporated (NASDAQ: ADBE) shares jumped over 10 percent on Thursday after the company provided better-than-expected 2018 profit forecast.The California-based company estimates earning per share for its fiscal year 2018 will be $5.50,..

Google Launches New Hardware Devices

Google Launches New Hardware Devices

On Wednesday, Alphabet Inc (NASDAQ: GOOGL) revealed the second generation of their Pixel smartphone as well as new voice enabled home speakers to boost their hardware business as they compete with rivals like Apple Inc. (NASDAQ: AAPL) and Amazon.com..