Fall In Share Price Apple shares dropped by 6% on Friday. The fallpushed the market cap of the company lesser than the $1 trillion benchmark it crosse…
Business
Tesla Plans to Invest as High as $6 Billion In China Over the Next 2 Fiscal Years
Increased Production Tesla has made known its plan to expend between $2.5 billion and $3 billion on capital investments annually within the next 2 fis…
McDonald’s to Invest Heavily in South Africa
Proposed Investment McDonald’s Corp. is reportedly set to invest in South Africa the sum of $205 million which is equivalent to 3 billion rand. The in…
Apple Announces Intention to Change The Perception of Investors About the Company
Change Of Metrics Now that iPhone sales have reportedly reached a peak, Apple is having a rethink about the metrics it uses in measuring the profitabi…
Snapchat’s Shares Plummeted Due to The Decline of Active Users
Last Friday, Snapchat’s shares plummeted down to 14% after the CEO published a report showing how the prestigious social media platform lost an …
UPS Unveils E-Bikes In Seattle as it Prepares to Take Package Delivery to a Whole New Level
Urban Delivery Experiment United Parcel Service is set to launch an urban delivery experiment in Seattle. According to the company, the test will invo…
Audi’s E-Tron Challenges Tesla Over Being The Best Electric Car
With advanced technology taking over the world, tech companies continue to find ways to stay significant and stand out among other companies by trying…
Ferrari Hasn’t Won Any Formula One Championship In A While, But Its Impact Remains Unchanged
Major Asset Even though it has been close to one decade since the last time Ferrari won any Formula One Driver’s Championship, that has not stopped th…
Amazon Loses Its Spot as The Second Most Valuable American Company
Microsoft Reclaims Spot Good news for Microsoft as it reclaimed the spot of the second most valuable American company this past Friday. Its good fortu…
Analyst Warns that Snap Could Soon Go Private if Keeps Losing App Users
Snapchat is losing its user base quickly and it could soon end with the parent company, Snap, going private, according to a research firm on Wall Stre…