Consent from users have to be sought by website companies before they transfer data to Facebook’s servers in the United States  in case they make use of Facebook's "like" button in an embedded form on their websites, ruled the top court of the European Union.   The ruling is in line...

Increasing competition and slack demand in the European air travel industry has resulted in a drop in the earnings of Lufthansa in the second quarter. The airline also issued a warning for the entire airline industry which it said would face challenging times for the rest of 2019.   There...

A host of personal information which included the names and addresses of about 100 million individuals in the United States and 6 million people in Canada were hacked and decamped with by a hacker, announced Capital One Financial Corp on Monday. Reports said that the alleged hacker has already been...

Amazon.com Inc is contemplating getting into the online food delivery business in India by this year, claimed reports citing information from sources who has knowledge of the developments. The foray of Amazon into the online food delivery business in India would mean an increase in competition in a...

The its new Mac Pro from Apple is being manufactured in China and not in the United States and this apparently is the reason that has prompted US president Donald Trump to rule against the American tech giant with respect to exemption from trade tariffs.   Trump tweeted on Friday that no...

A string of innovations implemented at stores of McDonald’s Corp such as upgraded stores and new promotions, such as the 2 for $5 Mix and Match deal, helped the company to attract more customers during the second quarter which in turn helped the largest burger chain of the world to beat quarterly...

Twitter beat analysts’ estimates on revenues in the second quarter which came in at $841 million on the over all, marketing a year on year growth of 18 per cent. The company reported EPS and net income at $1.43 and $1.1 billion respectively, which the company attributed to a “significant income tax...

The quarterly performance of Google parent Alphabet apparently eased concerns among investors about the increasing challenges for Google’s advertising business which saw the shares of the United States based tech giant rise by 8 per cent.   The second-quarter revenue and earnings of the...

Amazon.com Inc issued a profit warning for the current quarter while reporting a first in two years miss of profits for the most recently ended June quarter. The company cited its rapid and aggressive investment in its one-day delivery policy to increase sale growth to be one of the factors for the...

The second largest auto maker of Japan Nissan Motor Corp announced axing of about 12.500 jobs as well as plans for reduction of the number of model by at least 10 per cent in its efforts to stage a turnaround of fortunes. True to reports earlier, the company reported a drop in its quarterly profits...

A recent filing with the United States the Securities and Exchange Commission by the US electric car maker Tesla has shown that the company lost $408 million in the second quarter of 2019 despite it being able to deliver a record number of cars in the history of the company.   While being...