Markets

Jul12, 2018

Broadcom purchases CA Technologies

Broadcom not blowing away investors Semiconductor manufacturer Broadcom announced its acquisition of software firm CA Technologies for $19 billion. The deal will expand the horizons of a company that focuses solely on semiconductors – now, Broadcom will have access to…
Jun20, 2018

China’s stock market in shambles after tariff threats

Looming trade war troubles China China’s stock took a massive blow on Tuesday after President Trump amidst fear of a trade war with the United States. Over a thousand stocks fell by more than 10%, and the Shanghai Composite Index…
Jun20, 2018

GE kicked from Dow

GE faces the end of an era On Tuesday, the S&P Dow announced that Walgreens Boots Alliance will replace General Electric in the Dow Jones Industrial Average, marking the first time in 110 years that the company will not be…
Jun20, 2018

Bithumb most recent crypto exchange to get hacked

Crypto hacks continue Cryptocurrency rates fell as South Korean crypto exchange firm Bithumb gets hacked on Wednesday – the second firm in a month to be breached. Bithumb reported on Wednesday that hackers stole roughly 35 won ($32 million) in…
Jun20, 2018

Uber Releases Two New Projects

Waiting for your Uber driver just became a way of saving money on travel. Uber, the ridesharing company founded back in 2009, now offers a new feature which lets riders wait longer in exchange for cheaper fares. The new feature…
Jun20, 2018

SurveyMonkey Expected to go Public

After 20 years of existence, SurveyMonkey is finally going public. The survey-software company started during the dot-com era and has become the largest survey company in the world. The company helps their customers collect online survey data to people around…
Jun20, 2018

Trump threatens more tariffs against China

Trump tariffs trigger trade war This Monday, President Trump stated that he will impose a 10% tariff on $200 billion worth of Chinese goods. On Friday, the president announced that he will impose a 25% tariff on $50 billion worth…
Jun19, 2018

Ford Motor Co. Buys Michigan Central Station

Michigan Central Station is no longer abandoned after decades of vacancy. Ford Motor Company has purchased the 18-story building and executive chairman Bill Ford plans on upgrading. Bill Ford, the great-grandson of Henry Ford, issued the following statements: “I kept…
Jun18, 2018

Tesla making progress on Model 3

Slow and steady wins the race, right? Tesla announced on Saturday that it is finally producing 3,500 Model 3’s a week – a figure that comes closer to their original 2017 goal of 5,000 per week. Electrek received the news in…
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