Eric Schmidt will be stepping down as the executive chairman of Alphabet’s board of directors and transitioning to technical advisor, the company announced. He will continue to serve on the company’s board. Schmidt first joined Google as CEO in 2001, back when the company…

Apple is being sued after it admitted to slowing down older iPhone models to keep them running longer.  On Wednesday, the U.S. technology giant said that it has algorithms in place to help keep an iPhone running at optimal performance if there is an older…

The US has ruled that Canada’s Bombardier received government subsidies and sold C-Series jets below cost in the US, a step likely to lead to steep tariffs. The US Commerce Department investigated the aerospace firm’s US sales after a petition from rival…

Rolling Stone magazine is getting a new majority owner. Media investor Jay Penske said his firm Penske Media was purchasing a 51% stake in the publication from New York-based Wenner Media. The 50 year old magazine is best known for covering music…

Boeing and Bombardier exchanged verbal passes up the US plane maker that the Canadian company receives enormous sponsorships. The two sides showed up before the US International Trade Commission (ITC) in the most recent round of their severe line. Boeing accused Bombardier…

Amazon is a wrecking ball. It has bankrupted bookstores, crippled clothing stores, shaken the grocery industry and turned strip malls into ghost towns. It does all this while barely turning a profit. Wall Street would punish almost any other company that operated…

American tech major Microsoft will be focusing more on the government and the small business segment to grow its India revenues, a top official has said. “The SMB (Small and Medium Businesses) segment and the segments around digital India (and) government would…