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American Airlines Group, Inc. (NASDAQ:AAL) Files Lawsuit against Gogo, Inc. (NASDAQ:GOGO) for Slow Inflight Connectivity

American Airlines Group, Inc. (NASDAQ:AAL) Files Lawsuit against Gogo, Inc. (NASDAQ:GOGO) for Slow Inflight Connectivity

On Friday, American Airlines Group, Inc. (NASDAQ:AAL) filed a lawsuit asking a judge in a Texas court to permit the company to yield from its current contract with Gogo, Inc. (NASDAQ:GOGO), an inflight WiFi provider. Gogo’s stock dropped 27% on Tuesday following the news, closing the session at $10.08. The […]

Lockheed Martin Corporation (NYSE:LMT) To Split IT Unit In A $1.8 Billion Deal

Lockheed Martin Corporation (NYSE:LMT) To Split IT Unit In A $1.8 Billion Deal

Driven by the desire to concentrate on its core business of aerospace and defense solutions, Lockheed Martin Corporation (NYSE:LMT) is dropping a unit. Towards that end, Lockheed will drop down its IT services business to Leidos Holdings Inc (NYSE:SAI). The deal would see Lockheed receive $1.8 billion in upfront payment […]

American International Group Inc (NYSE:AIG) Avoids Icahn’s Idea In Restructuring Move

American International Group Inc (NYSE:AIG) Avoids Icahn’s Idea In Restructuring Move

American International Group Inc (NYSE:AIG) has decided to restructure, but not in the format that activist investor Carl Icahn recommended. In the announced restructuring plan, AIG will spin off and partially sell two of its businesses and reorganize its remaining operations in a way that paves way to take them […]

Sprint Corporation (NYSE:S) Downplays Service Disruption During Upgrade

Sprint Corporation (NYSE:S) Downplays Service Disruption During Upgrade

Sprint Corporation (NYSE:S) has dismissed reports claiming that its customers could face severe service disruptions during the scheduled network upgrade. The U.S. No. 4 carrier is in the process of improving its network quality through a mix of strategies that include deployment of small cells. Sprint Corporation (NYSE:S) is dreaming […]

Ford Motor Company (NYSE:F)’s Chief Gets Seat On IBM Board

Ford Motor Company (NYSE:F)’s Chief Gets Seat On IBM Board

Ford Motor Company (NYSE:F)’s CEO, Mark Fields, has been elected to the board of the International Business Machines Corp. (NYSE:IBM), a development that is being praised by leaders and observers in and outside the two companies. The move comes at a time when Ford has appeared to court technology in […]

American Express (AXP)’s Global Executive Confirmed As Twitter Inc (NYSE:TWTR)’s CMO

American Express (AXP)’s Global Executive Confirmed As Twitter Inc (NYSE:TWTR)’s CMO

Twitter Inc (NYSE:TWTR) has tapped a global executive from American Express Company (NYSE:AXP) to be its new chief marketing officer (CMO). The confirmation of Leslie Berland as Twitter’s new CMO comes in the wake of executive outflows from the microblogging company. It is believed Berland could help Twitter enhance its […]

Will Apple Inc. (NASDAQ:AAPL) Introduce ARM Processors In Its Macs In 2016?

Will Apple Inc. (NASDAQ:AAPL) Introduce ARM Processors In Its Macs In 2016?

Though many in the industry have been dismissive of the concept of ARM-powered Macs earlier, there has been considerable speculation that Apple Inc. (NASDAQ:AAPL) will opt for ARM processors in all Macs in 2016 because of huge performance gains. However as impressive as Apple’s A-series microchips are they in a […]

Microsoft Corporation (NASDAQ:MSFT)’s Surface Tablets Malfunction During Sporting Event

Microsoft Corporation (NASDAQ:MSFT)’s Surface Tablets Malfunction During Sporting Event

Microsoft Corporation (NASDAQ:MSFT)‘s have had a troublesome tablet partnership, with the National Football League. After Microsoft clinched a $400 million deal with the NFL in 2013 to have its Surface tablets exclusively on team sidelines for the purpose of reviewing plays, TVG commentators kept calling Surfaces iPads. During that time […]

Tesla Motors Inc (NASDAQ:TSLA) Sues Supplier Hoerbiger Automotive Comfort Systems

Tesla Motors Inc (NASDAQ:TSLA) Sues Supplier Hoerbiger Automotive Comfort Systems

Tesla Motors Inc (NASDAQ:TSLA) sues German supplier Hoerbiger Automotive Comfort Systems for not meeting the expectations of falcon doors. The failure of the German supplier caused the delay in the production of Model X vehicles. The production is said to have been delayed for up to two years and even […]

Samsung Electronics Co Ltd’s Samsung Pay’s Magic Trick Could Prove Hazardous For Apple Inc. (NASDAQ:AAPL)’s Apple Pay

Samsung Electronics Co Ltd’s Samsung Pay’s Magic Trick Could Prove Hazardous For Apple Inc. (NASDAQ:AAPL)’s Apple Pay

Samsung Electronics’ Samsung Pay service puts in use MST (magnetic secure transmission) which compares to Apple Inc. (NASDAQ:AAPL)’s Apple Pay’s usage of NFC. This helps Samsung Pay acceptable any terminal which can accept a credit card. This feature provides Samsung Pay a competitive edge over not only Apple Pay but […]