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Netflix And Verizon Trade Barbs On Streaming Delays (NASDAQ:NFLX) (NYSE:VZ)

Netflix And Verizon Trade Barbs On Streaming Delays (NASDAQ:NFLX) (NYSE:VZ)

People streaming shows on Netflix may have noticed a message on the screen from the company blaming Verizon for slowing down their streaming speed. Journalist Yuri Victor, who noticed the on-screen message as he began to stream a television show, posted a screen shot of the Netflix message on Twitter. […]

Xiaomi Misses Sales Target for 2018 But Sells 70 Million Smartphones

Xiaomi Misses Sales Target for 2018 But Sells 70 Million Smartphones

On Friday, Xiaomi the China-based smartphone maker announced that it had shipped more than 70 million smartphones during 2018. Although a very high number, it was short of the company’s ambitious target of 80 million. Growing competition and a high dependence on the market in China were factors that might […]

Apple Pay Release Off To A Rocky Start (NASDAQ:AAPL)

Apple Pay Release Off To A Rocky Start (NASDAQ:AAPL)

Since the release of Apple Pay, there have been several news stories about the rocky rollout of the service. Several companies that initially said they would accept payments through the service backtracked and now say they will no longer accept Apple Pay payments. Apple Pay is also facing competition from […]

GM Purchases Ride-Hailing Sidecar’s Assets

GM Purchases Ride-Hailing Sidecar’s Assets

General Motors has increased its expertise in the ride-sharing/hailing arena. The Detroit-based automaker hired some employees and purchased the assets of recently shuttered Sidecar Technologies, a ride-sharing/hailing company that closed last month. According to a company statement, GM has hired employees of Sidecar to integrate them into the urban mobility […]

China Automotive Systems (CAAS) Issues Earnings Results

China Automotive Systems (CAAS) Issues Earnings Results

China Automotive Systems (NASDAQ:CAAS) announced its earnings results on Friday. The auto parts company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02, MarketWatch Earnings reports. The company had revenue of $112.08 million for the quarter, compared to analyst estimates of $118.29 million. China […]