admin

AT&T Inc. (NYSE:T) Divests Central Media Enterprises Media Ltd To PPF Group NV For A Cash Of $1.1 Billion

AT&T Inc. (NYSE:T) is sitting on a debt pile of $166 billion at the beginning of 2019. The company initiated several measures to clear part of the debt. It has announced the sale of Central European Media Enterprises Ltd. of Warner Group to PPF Group NV, an investment firm based in the Czech Republic. The […]

Microsoft Corporation (NASDAQ:MSFT) Is Proud To Become An Integral Partner In The Cloud Strategy Of Pentagon On Winning $10 Billion JEDI

Microsoft Corporation (NASDAQ:MSFT) broke the silence after winning a prestigious $10 billion JEDI contract from Pentagon. The deal is valid for ten years. It is a beginning for the company to become a proprietary source for defense contracts. Microsoft is pleased to win this defense contract in fierce competition, outshining Amazon. Its shares rose to […]

Rep. Ocasio Attacks CEO Of Facebook, Inc. (NASDAQ:FB) For Allowing Misleading Political Ads: Facebook Removes A Stunt Ad

Facebook, Inc. (NASDAQ:FB) taken down an ad of a political group that falsely claims the support of Lindsay Graham, a Republican senator, for democrats proposed Green New Deal. According to a communiqué from Facebook, the ad qualifies for truth checking because it comes from a political group and not from a politician. It exhibits the […]

Tesla Inc (NASDAQ:TSLA) Begins Selling Model 3 With Autopilot In China: Tesla Races To Reach Annual Production Of 500,000 Vehicles

Tesla Inc (NASDAQ:TSLA) started selling Model 3 vehicle with an autopilot function in China from Friday. The autopilot equipped model 3 is priced at $50,310. It has discontinued the sale of Model 3 without autopilot ($46,389), the cheapest model, on its website in the country. Shares edged higher on improved quarterly profits The shares of […]

Ford Motor Company (NYSE:F) Could Agree To Pay Higher Bonuses and Wages In The Upcoming Negotiations With UAW

Ford Motor Company (NYSE:F) would sit with UAW officials across the table for negotiations and could end up paying more bonuses and wages. The United Auto Workers (UAW) is asking for a pie of the fat profits recorded by the automakers Fiat Chrysler and General Motors Co. UAW settles issues with General Motors After ending […]

Microsoft Corporation (NASDAQ:MSFT) Wins $10 Billion Joint Enterprise Defense Infrastructure Project From Pentagon

Microsoft Corporation (NASDAQ:MSFT) has outpaced Amazon to win the $10 billion Joint Enterprise Defense Infrastructure (JEDI) Project from Pentagon. Donald Trump, the US president, and other rivals criticized the competitive bid of Amazon. Who bids on the JEDI Project? Tech giants such as IBM, Oracle, Microsoft, and Amazon have submitted their competitive bids to win […]

Amazon.com, Inc. (NASDAQ:AMZN) Cares For Its Employees: Amazon Takesover A Startup – Health Navigator For Employee Healthcare

Amazon.com, Inc. (NASDAQ:AMZN) has announced the takeover of a second startup – Health Navigator for its employees’ healthcare. The platform of Health Navigator is established for integration into health services such as medical call centers and telemedicine. It helps to standardize the work process with patients. Health Navigator platform has the natural language tools to […]

FDA finds Asbestos in Johnson & Johnson (NYSE:JNJ) Baby Powder Days After CEO’s Deposition

Early this month Johnson & Johnson (NYSE:JNJ) CEO Alex Gorsky said that the company’s iconic baby powder and talc did not have asbestos. Grosky was testifying in a deposition on October 3 in a case in which an Indian college retired professor claimed that the powder caused cancer. FDA finds asbestos contamination in Johnson & […]

Amazon.com, Inc. (NASDAQ:AMZN) ‘s Jeff Bezos Teams Up With Draper, Northrop Gruman, And Lockheed Martin To Work On Moon Lander

Amazon.com, Inc. (NASDAQ:AMZN) ‘s Jeff Bezos has formed a team space venture ‘Blue Origin’ and teamed up with Draper, Northrop Gruman, and Lockheed Martin to work on Lunar Lander. The team will bid for Artemis of NASA to carry astronauts from the earth to Moon and bring them back from Moon’s surface. Bids for Artemis Jeff, […]

Amazon.com, Inc. (NASDAQ:AMZN) Strikes A Deal With Health Mart, GNC, And State Stores To Expand Counter Pick Up Network In The US

Amazon.com, Inc. (NASDAQ:AMZN) has signed deals with GNC, Health Mart and State Stores to expand the Counter Pick Up network to more locations across the US. The company introduced Counter service in 100 Rite Stores in the US in June 2019 after the initial launch in Europe in May this year. Amazon is planning to […]