Walt Disney reported profits for the first quarter of 2018 riding on the runaway success of Black Panther which helped the company to offset the setbacks in the its TV business.   The company reported a 9% increase in revenues at $14.5 billion and 23% increase in profits up to $2.9 billion...

Chipmaker Qualcomm plans to close its server business, reports Bloomberg referring to sources familiar with the company's plans. At the moment, the company reflects on whether to close the unit in question or try to sell it. Qualcomm's refusal to conquer the server segment can be explained by the...

The fear that a slowing global smartphone market would impact the global chipmakers in recent months have made investors jittery. However, there is apparent buoyancy in the memory chip industry once against because of demand for more video content from consumers.   Despite the slowdown in...

Following the mass shooting that took place at a high school in Parkland, Florida on February 14 in which 17 people were killed, the firearms-related business in the United States has become an eyesore for much of corporate America who have severed links with them. However, the void is being...

After Appel Inc. reported better-than-expected earnings report earlier this week, a new research report brought in further good news for the investors of the company as the report claimed that in the first quarter of 2018, the best-selling smartphone model was the iPhone X.   According to a...

The Chinese manufacturer of smartphones Xiaomi has applied for an initial public offering of its shares on the Hong Kong Stock Exchange. The former start-up, created just eight years ago by Chinese ex-employees of Google and Motorola, can attract up to $ 10 billion on the exchange, and investors...

Walmsley progressively moves on her promise of reshaping GSK’s portfolio in a strategic overhaul of the company whereby focusing on oncology. Last month, the GlaxoSmithKline’s C.E.O Emma Walmsley, delivering on her promise of trimming the company’s portfolio reported about parting with “its rare...

The watchdogs will keep an eye on how the tech giants treat smaller companies. The giants of the tech sectors, including Amazon, Google and Apple, will deal with rules for the first time which will regulate their “commercial relations” with smaller companies. This move under the law has been...

A fall in consumer spending have worried restaurant chains in the United States and a counter strategy of promoting cheap fast-food saw a surge in such deals during the first quarter.   It has been since 2002 that the “value” offers have been part of the U.S. fast-food industry, after...