There are doubts within the global mining company - the Rio Tinto Group, about the delivery of the promises of returns that were once given by mining robots in the face of major rivals defer similar investments. The company has recently found out that creating the world’s largest moving robots to...

While customization is no new concept in business, it is certainly the buzz word for most sectors today.

Following the shootout at a gay nightclub in Florida in which 49 people were killed and amidst fears and apprehensions that the US government would soon enact stringent gun control regulations, shares of firearm makers surged after a strong quarterly report from Smith & Wesson Holding Corp...

Due to the fall in oil prices and, consequently, of gasoline around the world, sales of SUVs, light trucks and other vehicles that consume a lot of fuel are growing. It is expected that this year SUVs and light trucks will overtake almost a third of all cars sold in China. Sales of such cars are...

Volkswagen AG, U.S. government regulators and owners of nearly 500,000 2.0 liter vehicles have been given time till June 28 by a U.S. judge to arrive at a final diesel emissions settlement between them.   In addition to a fund to promote green automotive technology and an environmental...

Twitter has acquired a stake in music service SoundCloud. This was announced by Recode, citing sources familiar with details of the transaction. SoundCloud is going to attract about $ 100 million in the new round of funding. Of these, $ 70 million will come from Twitter. SoundCloud’s business on...

From a brainwave in a tech entrepreneur’s living room to a $26.2 billion takeover target, LinkedIn’s journey took only 14 years to attain the stage where it is now.   The idea for LinkedIn was hatched from the apartment of Reid Hoffman, 48, in December 2002. This was a short time after the...

After a $140 million court judgment against it in a lawsuit brought by former professional wrestler Hulk Hogan over a sex tape, Gawker Media LLC, an online publishing pioneer, filed for Chapter 11 bankruptcy and put itself up for sale.   There were revelations that billionaire investor Peter...

Symantec, Blue Coat companies agreed to merge, which would cost $ 4.65 billion to the developer of software for personal computers. Once the deal is done, Symantec will get not only portfolio of the world leader in web-security market products, but also a new CEO, that is, Greg Clark, now head of...