eBay cutting its global workforce by 7%, affecting 2,400 jobs
On Wednesday the online retailer eBay posted earnings ahead of expectations, however, the company said that it plans on cutting its global workforce by...
Price target on Netflix shares increased by CRT Capital and Morgan Stanley
CRT Capital analysts have increased their price target on Netflix shares from $375.00 to $425.00, now giving Netflix stock a “fair value” rating.
Other research...
Starbucks introducing wireless charging stations in London
Ten Starbucks locations in London will install Powermat wireless charge stations, allowing customers to wirelessly charge their phones and tablets.
The move is part of...
Google and Fidelity invest $1 billion in SpaceX
Google and Fidelity Investments have invested $1 billion in Elon Musk’s space venture SpaceX, giving the two companies a combined stake of nearly 10%.
The...
Netflix adds 4.33 million subscribers, shares soar by 13%
Netflix added 4.33 million subscribers in its fourth quarter, ahead of its prediction of 4 million new subscribers. It now boasts a total of...
Oracle appoints Leon Panetta to its board of directors
Leon Panetta has been unanimously elected to Oracle’s board, according to an announcement made on Monday.
Oracle, based in Redwood City, said that appointing Panetta...
Facebook is on a hiring spree, posts 1,159 job openings
Facebook has posted 1,159 job openings on its corporate site, part of the the social networking giant’s aggressive growth strategy.
According to a company filing,...
UK closes two-year-probe into HP purchase of Autonomy
Britain's Serious Fraud Office (SFO) has closed a two-year-old probe into alleged accounting issues related to Hewlett-Packard Co.’s $11-billion purchase of the British software...
Elon Musk invites students and companies to Hyperloop test track
Elon Musk, the incredibly successful South-African born CEO of Tesla Motors and SpaceX, has a handful of projects, one of which includes the development...
Apple may be launching an iPad stylus this year
Apple could launch an iPad stylus at the same time as its 12-inch iPad Pro launch, according to a report by KGI Securities.
The...