Alphabet stocks fell by at least 7 per cent after the US tech giant announced a sharp drop in its ad revenue growth. The fall has been blamed on an algorithm in YouTube which caused lower engagement and consequent lower growth in revenues on the site, said Alphabet’s CFO Ruth Porat. “While YouTube clicks continue…
According to a report published by TechCrunch, German auto maker Daimler plans to stop selling its all-electric smart fortwo cars in the U.S. and Canada and introduce it in China. This decision was taken by the company after the small car failed to leave a mark in the North American market. TechCrunch has reported that…
The global chip market which apparently has softened considerably, after years of booming growth, hit the first-quarter net profits of South Korean electronic giant Samsung Electronics hard. The biggest smartphone and memory chip maker of the world reported a slump in profits for the most recent quarter. The company reported a 56.9 per cent year-on-year…
Tesla’s offer is a dream come true for those aspiring to live a healthy fossil-fuel free lifestyle. Tesla’s solar roof generates solar energy without the need for traditional rooftop panels. On Tuesday, as per a report from the New York Times, Tesla Inc plans on reducing the price of its solar panels and related equipment…
While software vulnerabilities are a common occurrence and Huawei was quick to patch them, what the Chinese telecom equipment maker keeps side stepping is the fact that it cannot avoid being a vehicle for Chinese intelligence since it has to comply to China’s 2017 cybersecurity law. On Tuesday, Europe’s biggest telecom group Vodafone stated, it…
Apple’s own guidance for the second quarter is that its sales would be down year-on-year and it is widely expected to announce this when its reports its second quarter performance soon. All through the year, there has been in the negative headlines. For example, a drop in iPhone sales in China forced the company on…
With the aim of loosing dependency on western aircraft manufacturers and because it is set to soon become the largest aviation market in the world, China has been striving to develop its own plane manufacturing industry for the past decade. However there has been criticism of the aircrafts created by Commercial Aircraft Corporation of China…
The rival companies of Starbucks are aiming for making short term gains through concessions while the US based company is making and implementing strategies aimed to make long term gains that would help it to achieve sustainability, said the company’s CEO Kevin Johnson. “Some of those competitors are competing through heavy, heavy discounts that we…
Germany wants to be in the race for emerging space market and is preparing draft new laws and measures to attract private investment. The space market is expected to be worth about $1 trillion a year by the 2040s and countries like the United States and China and even tiny Luxembourg are making their mark…
Jaguar Land Rover cars will have built-in smart wallets through which drivers can earn IOTA coins. On Monday, Britain’s biggest auto manufacturer, Jaguar Land Rover stated, it is testing a software that allows drivers of its cars to earn the IOTA cryptocurrency as a reward for sharing data. Jaguar Land Rover is developing a “smart…
business-gurus.com 