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.
Sectors
Trinity to resume shipping guardrails amid safety concerns
Trinity Industries Inc stated that it would resume selling guardrail products, called ET-Plus Systems, despite the study over the products safety. The company has been accused of making guardrails that can malfunction and impale drivers.
Huawei overtakes Xiaomi as China's biggest smartphone maker
Huawei Technologies Co. dislodges Xiaomi Corp. from its position as the biggest smartphone maker in China. The company sold 27.4 million devices in the quarter ended September 30, according to reports citing data from research firms. That's up 81% from the previous year.
Blackberry’s first Android phone Is now available for pre-order
Blackberry is officially taking pre-order for the Blackberry Priv, the company's first Android-based smartphone. Blackberry Priv was first announced last month. The phone features a touchscreen, slide-out keyboard, and Blackberry's security software.
The Obamacare Website Healthcare.gov is Getting Important Updates
Healthcare.gov opens for windows shopping starting on Sunday. The updates allow the health care consumers to see the cost and benefits of insurance plans for 2016.
Latest News
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, 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.
Google-owned YouTube will enter the subscription streaming market next week, launching the new YouTube Red, an ad-free video and music streaming service with a monthly fee of $99.9, and $12.99 monthly for iOS users.
Twitter CEO Jack Dorsey said he wants to "reset" the company's fraught relationship with its developers during their annual developers conference in San Francisco Thursday.
After nearly 16 years in the making, Dyson's robot vacuum cleaner is finally getting a release date in Japan with a price tag of ¥149,040 or USD1,200.
General Motors pre-tax profit for the third quarter has increased by 37 percent or $3.1 billion thanks to a strong truck and SUV sales in North America and improved performance in China.
Numerous possible class-action proceeding have been filed in Michigan against the German automaker Volkswagen due to emission scandals. US regulators are coming up with more questions of the car behemoth.
The measures by Barack Obama-led US government to keep more pressure on lawmakers to bring Puerto Rico out of the economy crisis are facing strong resistance from Republicans. The US Treasury has listed out proposals, for which it sought the support of Congress to enact them to help the US territory Puerto Rico Island in dealing with the ongoing financial crisis.
Augmented reality company Magic Leap has always been tight-lipped on the advanced technology it has been cooking in the lab, but on October 20 it released a teaser video on just how incredibly unbelievable its capabilities are.
