German car maker Daimler has made a push recently to expand the capabilities of its automobiles by partnering with mobile technologies company Qualcomm Inc QCOM 2.39% and Chinese web services company Baidu Inc BIDU 0.63%. According to multiple reports by Reuters, owners of Daimler models, such as Mercedes-Benz, might soon have some new tech features…
In a new report, analysts as Credit Suisse took a look at real estate investment trusts (REITs) and updated their outlook for the space. Overall, analysts remain bullish on REITs and feel that many still offer a compelling valuation at current prices.
When Facebook Inc FB 1.53% announced a little more than a year ago that it had acquired Oculus VR, a leader in virtual reality technology, investors knew something big was on the way. While widespread use of virtual reality technology may still be several years in the future, Oculus and Facebook are building the foundation…
According to a new report by the New York Times, General Motors Company GM 0.82% rejected a merger proposal from Fiat Chrysler Automobiles NV (NYSE: FCAU) CEO Sergio Marchionne back in March. Machionne reportedly emailed GM CEO Mary Barra to suggest the merger, but the proposal apparently fell on deaf ears.
In a new report, analysts at Goldman Sachs discuss what they are calling the “productivity paradox” in the U.S. economy. Analysts see relatively weak production growth in the U.S. but believe that the number might not accurately portray the true contribution from information technology.
The founder of China Pacific Construction Group (CPCG), China’s largest private construction company, says that CPCG intends to go public in the United States. According to Reuters, CPCG founder Yan Jiehe prefers the regulation and transparency of U.S. markets to a domestic Chinese market listing.
As the popularity of Facebook Inc FB 0.07% continues to grow, Facebook users are spending more hours every day browsing their newsfeeds. While the climbing amount of time spent on Facebook is a good thing for the company’s advertising revenue and shareholders, many Facebook users are experiencing some negative emotional ramifications from their Facebook-ing.
Venture capital firm Fontinalis Partners recently announced a new investment in Lyft, the San Francisco-based ridesharing service provider and leader in the sharing economy movement.
According to a new report by Bloomberg, the U.S. government is in the process of weighing the evidence against General Motors Company GM 0.34% to determine if there are grounds for criminal charges relating to a faulty ignition switch that has been linked to more than 100 deaths. Citing “a person familiar with the investigation,”…
Chinese e-commerce giant Alibaba Group Holding Ltd BABA 0.65% has been widely criticized for the amount of counterfeit goods sold on its site. According to Reuters, Alibaba now has a controversial new plan to alleviate counterfeiting, but critics are skeptical.