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Tesla Inc. (NASDAQ:TSLA) Trademarks “Cybertruck” Ahead of Its Launch

Tesla Inc. (NASDAQ:TSLA) has trademarked the names “Cybertruck” and “Cybrtrk” ahead of the launch of its new electric pickup truck. The company documented the names with the US patent and Trademark Office along with its logo. Tesla trademarks name of its electric pickup truck The company files the trademark on November 6 before the unveiling […]

Alphabet Inc (NASDAQ:GOOGL)’s Acquisition Of Fitbit Helps To Delve Into Healthcare Market: Google To Compete With Apple Inc. (NASDAQ:AAPL)

Alphabet Inc (NASDAQ:GOOGL) acquired Fitbit for $2.1 billion to fulfill its ambition of ambient computing. With this takeover, the search giant would bring together hardware, software and AI to develop innovative wearables.  Google will also get a technical edge to compete with Apple’s Watch. The deal also helps Google to penetrate the healthcare market. What […]

Amazon.com, Inc (NASDAQ:AMZN) To Challenge The Microsoft Corporation (NASDAQ:MSFT) Contract Win

Microsoft Corporation (NASDAQ:MSFT) is still in a victory mood following a decision by Pentagon to award it the JEDI cloud contract. This happens to be a $10 billion contract but there are concerns that this victory might be short-lived. That is because Amazon.com, Inc (NASDAQ:AMZN) isn’t taking matters on a light note. A close outlook […]

Encana Corp (NYSE:ECA) Moves Headquarters To The US And Changes Name To Ovintiv Inc

Encana Corp (NYSE:ECA) is planning to move its headquarters to the US citing an unfavorable business climate in Canada. The company plans to protect the interests of its investors. Though it’s Chief Executive Officer, Doug Suttles denied the move is on the backdrop of government’s hostility to the oil and gas industry, the founder, Gwyn […]

FCC Officially Approvals The Merger Between Sprint Corp (NYSE:S) And T-Mobile Us Inc (NASDAQ:TMUS)

The Federal Communications Commission formally approved T-Mobile Us Inc (NASDAQ:TMUS) acquisition of Sprint Corp (NYSE:S). This merger is valued at $126 billion. Despite consistent opposition from consumer advocacy groups and attorney generals, this is a big win for both companies. It is believed that this merger will bring significant transformation to the US wireless industry. […]

AT&T Inc. (NYSE:T) To Make A Settlement Of $60 Million For Misleading Users About Their Unlimited Data Plans

AT&T Inc. (NYSE:T) is to pay a sum of $60 million after allegations of charging its customers for ‘unlimited’ data plans but reducing the speeds for these plans. The Federal Trade Commission announced that ATT&T allegedly reduced theses data speeds when the users used too much data. This act by the company started in 2011 […]

Facebook, Inc (NASDAQ:FB) Reports Improper Access Of User Data By 100 App Developers

Facebook, Inc (NASDAQ:FB) reported that 100 App Developers might have had access to the user’s data amidst their Group system lockdown last year. The social media giant claims that after the close-down, some app developers might have retained data about the group members. Facebook reported that 11 of the 100 developers accessed the member data […]

Michael Garland To Head The Combined CPPIB And Pattern Energy Group Inc (NASDAQ:PEGI)

Pattern Energy Group Inc (NASDAQ:PEGI) reported that the company has finalized a deal under which Canada Pension Plan Investment Board will buy it. It is an all-cash agreement valued at around $6.1 billion, including debt. Pattern Energy management team will lead the new firm. Yieldco making comeback Pattern Energy is the latest yieldco to finalize […]

Ford Motor Company (NYSE:F) To Could Shut An Engine Plant In Michigan Post $400 Million KC Area Investment

Ford Motor Company (NYSE:F) will invest $400 million in its KC Assembly Plant under the tentative labor deal with the United Auto Workers. The deal comprises $6 billion in product commitments, which the United Auto Workers believes will result in a minimum of 8,500 secured or jobs. Closure of engine plant in Michigan Ford Motor […]

Bank of America Corp (NYSE:BAC) An Exceptional Place To Work Employees

Bank of America Corp (NYSE:BAC) will be changing its current minimum hourly wage of $17 to $20 by 2020, a deviation from its earlier plan of implementing this change in 2021. The bank will also extend special compensation awards to around 95% of its international workforce. Focus on sustainable growth In April 2019, Bank of […]