Looking for an indicator that Amazon’s Alexa is a beloved product? This holiday season, shoppers asked Alexa to order … more Alexa devices. The company said on Tuesday that it sold “tens of millions” of devices powered by its smart voice assistant. While there are…
Royal Dutch Shell Plc said it expects recently enacted U.S. tax reform legislation to have a “favorable” impact on its operations. The change in U.S. tax legislation, which is a reduction to 21% from 35%, will affect Shell’s fourth-quarter 2017 results but added…
The past few days have been dizzying for Apple investors. But one expert told CNBC on Tuesday that he’s keeping his focus on iPhone X sales in China. “Based on reports that we have seen, there definitely is a lot of concern on how…
Infosys India’s second largest IT services company, said it received 499.98 % higher response to the proposed share buyback plan. The Bengaluru-headquartered company had in August announced a Rs 13,000 crore share buyback plan and promised to repurchase more than 113 million…
Shell has agreed to buy the energy supplier First Utility, giving the oil giant its first foothold in the UK’s household energy market. First Utility is the biggest energy supplier in the UK outside the so-called “big six”. The company supplies 825,000…
Facebook has reached a licensing agreement with a major music label that will allow users to post and share music on the social media network. The global, multi-year deal with Universal Music Group (UMG) addresses copyright issues raised by unauthorised use of…
Papa John’s says its founder John Schnatter will step down as CEO next month, about two months after he publicly criticized the NFL leadership over national anthem protests by football players. The company said Thursday that Schnatter remains chairman but be replaced as…
M&T Bank’s chairman and chief executive officer, Robert Wilmers, died on Saturday night at home after nearly 35 years leading the Buffalo, New York-based company, the bank said on Sunday. Wilmers, 83, was succeeded by Robert Brady, the bank’s lead outside director…
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…
