Airbus Announces Flying Car Prototype By End of 2017
Road congestion is set to become a thing of the past if recent pronouncements by Airbus Group are anything to go by.
According to Reuters, Airbus Group CEO Tom Enders has announced that the company intends to have a [..]
Apple Cuts Tim Cook’s Pay By 15% for Missing Sales Goals. Here’s How Much He Makes Now
Apple has cut its CEO, Tim Cook’s salary by 15 percent following a decline in its annual sales. The iPhone maker penalized Tim Cook for the company missing its target which led to its first revenue slump in 15 years.
Uber Loses $ 800 Million in the 3rd Quarter, But Revenue Is Up
Even though Uber Technologies Incorporated exited from the Chinese market, its financial losses remain mind-boggling. Are you aware that the company has lost at least $2.2 billion in the first 9 months of the Financial Year [..]
Google Plans to Run on 100% Renewable Energy in 2017
Google has announced that their global operations will be powered by 100% renewable energy by next year, 2017. This setup includes all the data centers around the world and the offices intended for over 60,000 staff members. [..]
Starbucks CEO, Howard Schultz, Stepping Down
Starbucks CEO and Chairman Howard Schultz- the expansion-oriented, espresso fanatic from Seattle who transformed the fortunes of a local coffee house into a world-famous brand with $21 billion in sales and over 25,000 [..]
AI Judge Correctly Predicts 80% of Court Case Results
A team of legal professionals and computer scientists recently managed to create an AI (Artificial Intelligence) with the ability to correctly predict the outcome of 80% of the cases decided by the European court of human [..]
Despite Gloomy Outlook, Twitter Beats Earnings Expectation
Despite a gloomy outlook and the announcement that Twitter would cut 9% of its workforce and close Vine its video streaming service, the company beat earnings expectations in its third quarter results.
With Wall St [..]
Netflix CEO Says He Has No Opposition to At&T-Time Warner Deal
Monday night, at the Wall Street Journal‘s WSDLive conference, Netflix CEO Reed Hastings said he had no objection to the deal of AT&T purchasing Time Warner if AT&T respected the tenets of net [..]