Tesla cars sale fell below expectation

Tesla cars sale fell below analyst expectation and its inability to roll out the Model X as promised lead J.P. Morgan analyst to reduce its profit projection for the fourth-quarter.


Dow Jones Continues to Drop on Monday and Market Waits for The Fed Meeting This Week

U.S. stock declined sharply on Monday over concern of economic condition and oil price. The Fed is scheduled to have a meeting this week, and market anxiously wait for the next step U.S. central bank will take.

Stock Market Update: Twitter Declined, While Tyco Gained on Monday's Trade

On Monday trade's Twitter, Ford, Westrock, McDonald's and Tyco are among the highly active stocks on trade. Twitter and Westrock dropped on the closing, while McDonalds' and Tyco gained.

Wingz Received $11 Million in Series B Funding Led by Expedia

Airport ride-hailing service Wingz closed its Series B funding with $11 million on Monday. Expedia led the funding with participants from ltimeter Capital and Marc Benioff, CEO of Salesforce.com.


Latest News

Roger's walkie-talkie style voice messaging app that launched in 2015 gets a financial backing of $1 million from Social Capital. The new feature was created by ex-Spotify employees, Ricardo Vice Santos and Andreas Blixt, who have done complete justice to the phrase 'selling old wine in new bottle'. In the current scenario where voice messaging is no longer a novelty, Roger hopes to tap the market outside Asia where people are still stuck with texting, and win them with its simple, three-button structure.
The advancement of the internet in South Korea has brought some advantages as well as social issues. Internet addiction has been a concern in the country, and the government is helping to solve the issue with some programs, including rehabilitation camps.
Aramco is the largest known oil producer in the world with a daily production of 10.25 MMbpd. KSA authority has increased feedstock prices to narrow down its budgetary deficits and also increases daily production rate to cope with the soaring demands. Now it is in efforts for Aramco’s listing for IPOs. If listed, Aramco will be the world’s first corporate entity with asset value of more than $1 trillion.
The Boston Globe has endorsed Hillary Clinton in the Democratic presidential nomination. The newspaper praises Mrs. Clinton for her concern in the gun control and immigration issues. This endorsement is one of the other two endorsements she has obtained earlier.
Amazon India, an online market, announced a six-fold leap in sales to Rs1, 022 crores for the year ending March 31, 2015, but net loss climbed to Rs1, 723.6 crores during the year.
The report estimated India's economic growth to be at 7.3 percent in 2016, and the growth would increase even more in 2017. India is already one of the world's fastest-growing economy last year, benefiting from the sharp decline of oil, metals, and food price.
HMRC has been conducting multiyear investigation to unearth Google’s tax dodging events. Though denied earlier, a Google spokesperson has narrated a deal with the Britain’s tax authority to pay taxes of £130 million due for over a decade. The deal is significant since many countries around the globe are conducting scrutiny to ascertain dodged tax amounts of Google and other multinationals. Investigations in accordance with OECD guidelines may also help France to establish its claim for $1 billion as unpaid taxes.
Atari will release a new Atari game collection, which consists of 100 re-imagined classic games. The Atari Vault will also include the iconic titles, such as Tempest and Asteroids. The launch is expected to be done in Spring this year. There are some upgrades and new features added in the games that will make fans feel the classic experience in this modern time.
Four executives are reported to take a departure from the social media company as part of a major restructuring plan by the new CEO Jack Dorsey. In addition to those asked to leave, some other executives have already stepped down out of pressure.
Facebook announced its plan to open the second data center in Clonee, Ireland. By opening the Clonee center, the company is joining a list of companies like Google, Apple, Microsoft and Amazon, which operate some of the European centers in the nation.
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