Amazon, And Apple Among Nearly 30 Firms Hit By China Chip Attack

The company first discovered the chips in Supermicro servers in May 2015 and informed the Federal Bureau of Investigation about it. Apple planned on using these servers from Supermicro for its iCloud services. Bloomberg's piece is titled "The Big ... More..

by | Published 19 days ago
Petrol, diesel cheaper by Rs 5 in Maharashtra and Gujarat
by | Thursday, October 04, 2018

Petrol, diesel cheaper by Rs 5 in Maharashtra and Gujarat

The prices of petrol and diesel will become cheaper immediately by Rs 2.50 per litre, with the Modi government on Thursday announcing a small cut in central taxes on fuel. "As you know, brent oil has crossed $8...More..

NAFTA deal could be imminent
by | Thursday, October 04, 2018

NAFTA deal could be imminent

A spokesman for Jim Carr, Canada's new minister for global trade diversification, said nothing that Canada agreed to in the USMCA would hamper the ability to pursue trade a trade agreement with China. That's 12...More..

Oil dips below four-year highs; U.S. inventory build expected
by | Wednesday, October 03, 2018

Oil dips below four-year highs; U.S. inventory build expected

USA oil prices hit their highest level since November 2014 on Tuesday and Brent crude was also near a four-year. WTI has risen around 18% since mid-August. With sanctions due to resume on November 4, the sharp ...More..

Tesco launches new discount brand ‘Jack’s’
by | Wednesday, October 03, 2018

Tesco launches new discount brand ‘Jack’s’

Tesco says Jack's will bring customers great-tasting food at the lowest possible prices. The fledgling chain is named after Sir Jack Cohen, the Londoner who founded Tesco in 1919 and whose motto to "pile it h...More..

Amazon raising minimum wage for U.S. workers to $15 per hour
by | Tuesday, October 02, 2018

Amazon raising minimum wage for U.S. workers to $15 per hour

The move came as hundreds of fast-food workers allied with Fight for 15 demonstrated in MI. The company has named 20 cities as finalists , including Atlanta, Chicago and Washington, D.C. But the company isn't ...More..

Elon Musk To Step Down As Chairman But Remain CEO
by | Tuesday, October 02, 2018

Elon Musk To Step Down As Chairman But Remain CEO

The Securities and Exchange Commission asks Musk to remain the CEO of Tesla but only if he steps down from the position of Chairman for three years . A more assertive board could provide the kind of tigh...More..

Donald Trump says new trade deal is 'most important ever'
by | Tuesday, October 02, 2018

Donald Trump says new trade deal is 'most important ever'

President Trump, however, says he is not hopeful the next deal will be approved by Congress in the next year, saying 2020 election politics could hold up passage. That's a victory for US dairy farmers, but co...More..

by | Tuesday, October 02, 2018

Amazon to raise minimum wage to $15 for US employees

The new minimum wage will take effect November 1 and apply to all full-time, part-time, seasonal and temporary employees, including those hired by agencies. It appears that the company is also eliminating incen...More..

With NAFTA sorted, focus shifts to aluminum and steel tariffs
by | Tuesday, October 02, 2018

With NAFTA sorted, focus shifts to aluminum and steel tariffs

President Donald Trump reportedly accepted the new deal while Canadian Prime Minister Justin Trudeau held a late-night meeting with his Cabinet in Ottawa. In Canada, the signing of the deal will take place ...More..

Facebook Sued in California Over Hack of 50 Million Accounts
by | Monday, October 01, 2018

Facebook Sued in California Over Hack of 50 Million Accounts

Mr Zuckerberg also wrote a post on his Facebook account regarding the matter. It has not revealed whether other services which people use their Facebook log-ins for - such as Tinder and Spotify - have also ...More..

California net neutrality bill signed by Jerry Brown
by | Monday, October 01, 2018

California net neutrality bill signed by Jerry Brown

Advocates of net neutrality hope California's law will push Congress to enact national rules or encourage other states to create their own. The Trump administration filed a lawsuit against the state of Cali...More..

Tesla shares jump after Musk settles with SEC
by | Monday, October 01, 2018

Tesla shares jump after Musk settles with SEC

Neither responded to requests for comment. Investors anxious that heralded a long-drawn out fight with the regulator that would see Tesla lose its talismanic leader, undermine its ability to raise capital a...More..

SEC Lawsuit Against Musk Wiped $7.3 Billion From Tesla’s Market Value
by | Monday, October 01, 2018

SEC Lawsuit Against Musk Wiped $7.3 Billion From Tesla’s Market Value

Musk will stay on as company CEO but will relinquish his role as company chair for at least three years as part of the agreement, which is still subject to court approval. The company has recently been struggli...More..

Krispy Kreme is giving out FREE coffee tomorrow across Canada
by | Sunday, September 30, 2018

Krispy Kreme is giving out FREE coffee tomorrow across Canada

After receiving the coffee, customers had the opportunity to take a picture and post it on Facebook with #ScootersCoffeeDay to be eligible to win prizes. Through September 29, Bruegger's Bagels will serve a...More..

Federal Reserve hikes rates for third time this year
by | Sunday, September 30, 2018

Federal Reserve hikes rates for third time this year

South Korea's Kospi, which reopened after a national holiday, added 0.7 percent to 2,355.43. "Under the current set of economic circumstances, the Fed seems to want to get the fed funds rate to 3 percent...More..

SEC Suing Elon Musk for Fraud
by | Sunday, September 30, 2018

SEC Suing Elon Musk for Fraud

That brief tweet was enough to send the stock soaring - up by almost 11 percent by the end of the day. Musk has denounced the lawsuit as " unjustified action ", dismissing the allegations and saying t...More..

Amazon 4-Star, a general merchandise store, opens Thursday
by | Sunday, September 30, 2018

Amazon 4-Star, a general merchandise store, opens Thursday

A section called Trending Around NYC showcases products popular in the city. The average rating for all items in Amazon 4-star is 4.4, and most items have hundreds or thousands of online star-ratings and re...More..

Justin Trudeau says Canadians are tough negotiators
by | Sunday, September 30, 2018

Justin Trudeau says Canadians are tough negotiators

US President Donald Trump has been pushing for a complete overhaul of the 25-year-old continental trade deal, which he says has been a "rip-off" for the United States. Sources say Mexico is fine with the Trud...More..

BMW i3 Range Upgraded to 153 Miles
by | Sunday, September 30, 2018

BMW i3 Range Upgraded to 153 Miles

BMW says the REX version with range-extender two-cylinder gasoline motor will also have its range extended by a similar amount but is not yet rated. It will be the second time the automaker has upgraded the ...More..

Tesla without Musk at the wheel? Quite likely
by | Sunday, September 30, 2018

Tesla without Musk at the wheel? Quite likely

In a statement to CNBC , Musk called the allegations "unjustified". But Tesla devotees believe he is a visionary and vital to the company's future. Musk has blamed short-sellers, investors betting on a c...More..

2.2 billon Facebook users must log out, re-login, say cyber experts
by | Sunday, September 30, 2018

2.2 billon Facebook users must log out, re-login, say cyber experts

Facebook security team discovered the security issue on September 25, and it has now fixed the vulnerability and informed the law enforcement. CEO Mark Zuckerberg explained that the company's investigation...More..

by | Friday, September 28, 2018

Price of oil could reach $100/barrel by late 2018 or early 2019

This week, following the lack of action by OPEC which didn't announce any plans for further boosting supply, WTI Crude prices have trended higher and broken above $72 a barrel. On September 20, Trump tweeted:...More..

Tesla constructing own auto transporters to help conveyances: Musk
by | Friday, September 28, 2018

Tesla constructing own auto transporters to help conveyances: Musk

Chief Executive Officer Elon Musk was at the company's delivery hub in Fremont, California, on Saturday, according to a customer's tweet, while many longtime Tesla owners are heeding his call to volunteer at lo...More..

by | Friday, September 28, 2018

PM defends negotiators after Trump slams Canada

But the president wasn't done. But the U.S. leader criticised Canada's trade negotiators and cast doubt on the chances of reaching an agreement on a rewrite of the North American Free Trade Agreement (Nafta ...More..

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