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Walt Disney [NYSE: DIS] Cuts Ad Spending On Facebook Inc [NASDAQ: FB]

The Walt Disney Company has joined the other companies to cut its advertising spending on Facebook Inc. . Other companies like Adidas AG,...

FTC Considering Deposing Facebook’s [NASDAQ: FB] Zuckerberg And COO Sheryl Sandberg

The FTC is considering deposing Facebook's Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg as an investigation continued to look into anti-trust violations....

Alphabet Inc. [NASDAQ: GOOGL] And Temasek Plans To Invest In Tokopedia

Alphabet Inc. and Temasek Holdings Pte are in discussion regarding the $500 million-$1 billion funding in Indonesian e-commerce giant Tokopedia. Sources disclosed that...

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Wendy [NASDAQ: WEN] Strikes A Deal With Rebel Foods To Open 250 Cloud Kitchens.

Wendy’s Co. and Rebel foods have partnered to open about 250 cloud kitchens in India. These kitchens will only serve the customer with...

Tesla [NASDAQ: TSLA] Recalls 9537 SUV’s Because Of Manufacturing Issues

Tesla Inc. has released safety recall orders for more than 9500 of its vehicle in the United States. The vehicles include Model Xs...

Northrop [NYSE:NOC] awarded a deal of $4.8B for Global Hawk Aircraft

Northrop Gruman Corp. has been awarded a deal to perform development, transformation, retrofit, and sustenance activities for the Global Hawk Program. This deal...

Athene Enters Into An Agreement With Hertz To Buy Donlen Corp.

Athene Holdings ltd. entered into a deal to buy Donlen corporation from Hertz Global Holdings Inc. Hertz's fully own Donlen Corporation. The stock...

Verizon [NYSE: VZ] Announced to acquire Tracfone for $6.25 billion.

Verizon Communication Inc. declared that it penned down a deal with America Movil to purchase Tracfone for $6.25B. The companies came to terms...