Amazon.com, Inc. (NASDAQ:AMZN) has won a bidding war to land popular trio of former hosts of BBC’s popular ‘Top Gear’ automobile show featuring Jeremy Clarkson, Richard Hammond, and James May.
Amazon has announced that the trio “are reuniting to create an all-new car show, exclusively for Amazon Prime. The show will be produced by the trio’s long time executive producer Andy Wilman. On working Read more […]
AT&T Inc. (NYSE:T) has reported better-than-expected quarterly profits and added 410,000 postpaid subscribers and 331,000 prepaid subscribers. AT&T’s total wireless net additions were 2.1 million for the second quarter including 1 million connected cars. The company now has 4.8 million connected car subscribers.
AT&T reported a profit of $3.04 billion, or 58 cents a share, down Read more […]
The unexpected second quarter profits from online retail giant Amazon.com, Inc. (NASDAQ:AMZN) have pushed Amazon’s stock prices up and made its founder and CEO, Jeff Bezos, more wealthy than before.
Mr. Bezos’ wealth now surpasses that of Oracle founder and flamboyant billionaire Larry Ellison’s as Mr. Bezos takes up the fifth spot in the ‘world’s richest person’ stakes.
The leader of the pack Read more […]
It’s rare to find Earth-twins and also rare for Amazon to report profits. Today was a day when both happened.
NASA announced more exoplanets to add to the ever-growing catalog that the Kepler Space Observatory has discovered — including the most Earth-like exoplanet it has ever discovered — and Amazon announced a surprising large 2Q2015 profit and huge rise in revenue of its clouding computing Read more […]
Apple came out with strong 3Q2015 results as expected. The Cupertino giant reported revenue of $49.6 billion for the 3Q2015 with a net profit of $10.7 billion, or $1.85 per share.
Apple’s guidance for 3Q2015 from its last earnings release was for revenue between $46 billion and $48 billion.
Apple’s 3Q2015 revenue of $49.6 billion compares to the 3Q2014 revenue of $37.4 billion (up 32.5%) Read more […]
On the eve of its third quarter results, news comes of Apple hiring another top auto industry executive — this time from Fiat Chrysler Automobiles (FCA).
This continue’s Apple’s continuing R&D investment into what is known as Project Titan — plans to presumably develop a self-driving electric vehicle (EV).
Apple’s hiring of Doug Betts, a Senior Vice President of Global Quality at FCA means Read more […]