Robinhood Stock Trading App Now Valued at $1.3 billion
7 years ago
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Robinhood, the no fee stock trading app for Android and iPhone, recently completed a round of fundraising that will enable it to compete with brokerage firms that charge up to $10 per trade. According to TechCrunch.com, [..]
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Airbus Announces Flying Car Prototype By End of 2017
7 years ago
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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 [..]
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Google Plans to Run on 100% Renewable Energy in 2017
7 years ago
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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. [..]
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Samsung Under Pressure to Split the Company
7 years ago
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2016 has been a bad year for Samsung. First it was recalling of the Samsung Galaxy 7 and then there were the 2.8 million washing machines. Political scandals have also caused the company’s offices in Seoul to be [..]
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Despite Gloomy Outlook, Twitter Beats Earnings Expectation
7 years ago
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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 [..]
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Illinois State Freezes Wells Fargo Out of $30 billion of investment Funds
8 years ago
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The Treasurer of Illinois, Michael Frerichs, has suspended annual investment activity of $30 billion with Wells Fargo for a period not less than a year following the recent claims of 2 million phony accounts. During the [..]
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Google Gives Big Cash Infusion to Airbnb
8 years ago
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Airbnb is doing something big and Google wants in. Airbnb managed to raise $555 million of the expected $850 million funding round with Alphabet Inc. leading the deal. The company values $30 billion and with the [..]
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Unilever in Talks to Acquire Jessica Alba’s Honest Co
8 years ago
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According to The Wallstreet Journal, Unilever is planning to acquire Alba Jessica’s Honest Company, which specializes in household goods. The proposed deal is likely to cost Unilever a whopping $1 billion, which is [..]
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Jay-Z’s Tidal Losses $28.4 Million; Apple Says It Will Not Buy Streaming Service
Hip-hop sensation Jay-Z’s streaming service Tidal, has reportedly made huge losses of up to $28 million last year. This is according to Billboard.com. Billboard goes on to say that since Jay-Z bought Tidal in [..]
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Twitter to Share Revenues with Video Creators
Twitter announced that it will now pay video creators for sharing on their platform. The company is trying to compete with the bigger video showing social media platforms like YouTube and Facebook. It is a generous [..]
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