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Qualcomm Fined $1.2 Billion by European Union Over Chip Deals

Qualcomm Fined $1.2 Billion by European Union Over Chip Deals

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European Union antitrust regulators have handed down a €997 million or $1.23 billion fine to chipmaker Qualcomm, a U.S. based company. The fine, announced on Wednesday, is for ...

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Toys “R” US Shuttering a Fifth of Its Stores in U.S.

Toys “R” US Shuttering a Fifth of Its Stores in U.S.

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On Tuesday, Toys “R” Us announced that it would be shuttering close to a fifth of its U.S. stores over the upcoming months, as the chain of toy stores attempts to emerge from one ...

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Sanctions by U.S. Hurting Sales by Microsoft to Russian Companies

Sanctions by U.S. Hurting Sales by Microsoft to Russian Companies

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Two of the official distributors for Microsoft in Russia have placed restrictions on the sale of Microsoft software to over 200 companies in Russia following new sanctions imposed ...

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IBM Posts First Growth in Last 23 Quarters

IBM Posts First Growth in Last 23 Quarters

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IBM stock slipped by 4.5% after it posted earnings that were better than had been expected for its fourth quarter as well as full year 2017 late Thursday. Excluding special ...

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Volkswagen Passes Toyota Again As Largest Carmaker

Volkswagen Passes Toyota Again As Largest Carmaker

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Volkswagen AG has overtaken Toyota, its Japanese rival, as the world’s largest carmaker in 2017, according to published sales figures on Wednesday. The figures represented a big ...

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Lego Teaming Up with Internet Giant in China

Lego Teaming Up with Internet Giant in China

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Lego, the popular toymaker based in Denmark will team up with Tencent Holdings the internet giant based in China to develop jointly online games as well as the possibility of a ...

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Sam’s Club Shuttering 63 Stores

Sam’s Club Shuttering 63 Stores

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Sam’s Club will shutter 63 of its stores, with customers and some employees saying no warning was given by the company. On Thursday evening a press release was issued in which ...

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Domino’s CEO Will Step Aside in June

Domino’s CEO Will Step Aside in June

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On Tuesday, Domino’s Pizza Inc. said its CEO Patrick Doyle would leave the largest pizza delivery chain in the U.S. in June and his replacement would be Richard Allison, who is ...

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Google Deactivates YouTube App On Amazon’s Fire TV Ahead Of Schedule

Google Deactivates YouTube App On Amazon’s Fire TV Ahead Of Schedule

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Though Google had announced that the YouTube app would be removed from Fire TV beginning January 1, 2018, that action has now been take four days earlier. As a counter measure ...

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XPO Logistics Is A Hot Target For Major Retailers Like Amazon

XPO Logistics Is A Hot Target For Major Retailers Like Amazon

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With Home Depot having considered buying shipping firm XPO Logistics, reports indicate that Amazon could make a competing bid in order to maintain an edge in last-mile delivery. ...

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