Markets

FDA passes enzalutamide (Xtandi®) For Treatment Of An Advanced Cancer

The US Food and Drug Administration (FDA) has approved a product known as enzalutamide (Xtandi®) to be used in a new way. The body, after an in-depth review says that it is ideal for handling a condition called prostate cancer (mHSPC). A close outlook Sometime back, the company gave its approval to the product for […]

Coca-Cola (NYSE:KO) Unveils A New Subscription Service

Coca-Cola (NYSE:KO) is one of the few companies that have their products known almost everywhere around the globe. There are millions, if not billions of people globally, who would recognize the company’s brand at a glance. This might serve as an explanation as to why people flocked to subscribe to the company’s latest subscription service. […]

Netflix Inc (NASDAQ:NFLX) Commands 67.1 Million Subscribers In The US And Canada: Records A Growth Of 40% In EMEA And Strongest In Asia-Pacific

Netflix Inc (NASDAQ:NFLX) has finally disclosed the subscriber count region by region worldwide. It commands a subscriber base of 67.1 million in the US and Canada. The popular streaming service has around 47.4 million subscribers in Europe, Middle East, and Africa. The third-largest market in Latin America Netflix holds a subscriber base of 29.4 million […]

Zomato Plans To Acquire Uber Technologies Inc (NYSE:UBER)’s UberEats’ India Business: Uber To Invest Up To $200 Million In Zomato

Uber Technologies Inc (NYSE:UBER) plans to divest UberEat’s India business to the local player – Zomato. It is part of the cost-cutting measure of Uber worldwide. The India business of UberEat’s is valued at $400 million. Uber eyes a stake in Zomato and plans to invest up to $200 million in the eleven-year-old company. The […]

IBM (NYSE:IBM) Reduces The Timeline To Implement AI Models To Six Weeks: IBM Implemented AI Models At 115 Companies

IBM (NYSE:IBM) is helping the companies to establish AI Models at a faster pace than it has previously envisioned. The time to rollout the AI models is now reduced to six weeks from 12 weeks. Its clients’ list includes Sprint, Experian, Lufthansa, Harley Davidson, Siemens, and Carrefour. One of the beauties of this rollout is […]

UAW Approves Labour agreement With Fiat Chrysler Automobiles (NYSE:FCAU)

Fiat Chrysler Automobiles (NYSE:FCAU) has ratified a labor agreement with United Auto Workers members in Detroit. This brings an end to protracted negotiations that have lasted almost five months and approving a new four-year deal. UAW closes negotiations with Fiat Chrysler Fiat Chrysler is the last of the three carmakers to finalize negotiations with the […]

Craig Menear Of Home Depot Inc (NYSE:HD) Blames Opioid Crisis For The Theft Of Merchandise Worth Several Million Dollars

Chief Executive Officer of Home Depot Inc (NYSE:HD), Craig Menear, said theft of merchandise amounting to several million dollars is because of a rise in the opioid crisis. In a chat with the analysts of Wall Street, he said the goods stolen the stores are dumped in the private warehouses. It is called an organized […]

Amazon.com, Inc. (NASDAQ:AMZN) Escalates Fight With President Donald Trump Over The Interference In $10 Billion JEDI Contract

Amazon.com, Inc. (NASDAQ:AMZN) has filed an appeal in the Federal Court in the US in November 2019 to probe wrongdoings in awarding $10 billion JEDI contract to Microsoft Corporation (NASDAQ:MSFT). The defense department has awarded the contract to Microsoft on October 25, 2019. Ellen Lord, the Under Secretary of Defense (Acquisition and sustainment), said the […]

Walmart (NYSE:WMT) Partners With Nuro To Pilot Autonomous Grocery Deliveries in Houston

Walmart (NYSE:WMT) has indicated that it will pilot grocery delivery in Houston using autonomous vehicles as from next year. Walmart to use driverless vehicles in making deliveries The company has partnered with the robotics company Nuro for the pilot program. Nuro uses autonomous vehicles to make deliveries to customers. In the test program, Nuro driverless […]

Microsoft Corporation (NASDAQ:MSFT) Reveals Plans To Terminate Wunderlist

Microsoft Corporation (NASDAQ:MSFT) has finally given its word regarding the fate of Wunderlist. This happens to be an application that simplifies matters for users a huge deal. It makes it possible for users to manage their tasks at any place provided they have their smartwatch, tablet, computer or Smartphone. It has been having some additional […]

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