Sectors
Abbey Road Studios is entering the tech industry
The great Abbey Road Studios is entering into the tech industry as it wanted not only to act as a recording studio but also as a music technology incubator. The plan was revealed by the Universal Music Group in a ceremony at the Studio 2 on Wednesday night. It will assure their continued reliability amidst technology era.
Alphabet reports an increase in revenue and announces shares buyback plan
Google's parent company, Alphabet Inc recorded a better than expected revenue after its third-quarter report shows that its revenue has increased by 13 percent. The great return report, together with an announcement of buyback for its class C shares had sent the company's share price to break previous resistance to a new high.
Drop in China sales hits Hyundai's profit
Hyundai Motor Co's net profit for the third quarter ending September fell 23 percent. The steep fall in China sales coupled with aggressive global incentives impacted the South Korean automobile major's performance in a more negative way.
Motorola's new phones said to have 'shatterproof' display, 2-day battery life
Motorola, the second largest wireless carrier in the US, is expected to release new phones that have advanced features including a "shatterproof" display and a 2-day battery life.