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17 November, 2017 4:57 PM HomePod Launch Delayed Until 'Early 2018', Says Apple

Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday. "We can't wait for people to experience HomePod ... but we need a little more time before it's ready for our customers. We'll start shipping in the US, UK and Australia in early 2018," an Apple spokeswoman said via email. Apple introduced 32

17 November, 2017 2:39 PM Walmart India recognised among 100 best companies for women

Chennai: Walmart India, the wholly owned subsidiary of Walmart Stores Inc, was recognised among the 100 Best Companies for Women in India in 2017 as per a study. The study, was conducted by AVTAR Career Group and The Working Mother Media to identify companies with the most favourable policies and practices in promoting employment, retention and increasing 31

15 November, 2017 8:45 AM Automotive Axles Q2 profit doubles to Rs 20.4 cr, revenue rises 54%

Automotive Axles has posted solid earnings growth performance for quarter ended September 2017. Profit for the quarter more than doubled to Rs 20.4 crore in Q2, against Rs 9.7 crore in year-ago, driven by revenue as well as operational growth. Revenue in Q2 increased sharply by 53.5 percent to Rs 349.6 crore, from Rs 228.1 crore in corresponding quarter 45

14 November, 2017 7:00 AM Tesla Hit by Class-Action Lawsuit Claiming Racial Discrimination

US automaker Tesla Inc on Monday was hit with a class-action lawsuit claiming its California production plant is a "hotbed for racist behaviour." The lawsuit filed in California state court in Oakland is at least the third filed this year by black workers who say they were addressed using racial slurs and that the company ignored their complaints 45

6 November, 2017 2:55 PM Apple Inc announces six-part US dollar bond sale

Proceeds are slated for general corporate purposes, including stock buybacks and dividend payments.  New York: Apple Inc has announced a six-part US dollar bond sale ahead of expected pricing on Monday. The tech giant, rated Aa1/AA+, is offering investors fixed-rate tranches with two, three, five, seven, 10 and 30-year tranches. Proceeds are slated for general 23

3 November, 2017 2:02 PM Apple shares hit record high on iPhone X launch

The tech giant’s market capitalisation value briefly hit the $900 billion mark on Friday Apple Inc. shares rose nearly 4% on Friday after the tech giant reported a blowout fourth quarter and shrugged off concerns related to the iPhone X, prompting more analysts to put a trillion-dollar valuation on the company. The stock was on track to add nearly $34 billion 43

3 November, 2017 4:24 AM Qualcomm Sues Apple for Breach of Contract, Says It Shared Information With Intel

Qualcomm Inc has sued Apple Inc, alleging that it violated a software licence contract to benefit rival chipmaker Intel Corp for making broadband modems, the latest salvo in the longstanding dispute between Qualcomm and Apple. Qualcomm said in a lawsuit filed in California state court in San Diego on Wednesday that Apple used its commercial leverage 38

2 November, 2017 3:12 AM Twitter's streaming app Periscope hikes payments to video stars

Periscope, a mobile app that lets users live-stream video, said Wednesday it will give all earnings from a select program, save for an administrative fee, back to the users who broadcast from Periscope. The app, founded in 2014 and bought by Twitter Inc in 2015, is hiking payments to its users at a time when it faces more competition in live-streaming 22

2 November, 2017 12:16 AM Facebook profit soars, no sign of impact from Russia issue

(Reuters) - Facebook Inc (FB.O) reported better-than-expected quarterly profit and revenue on Wednesday as it pushed further into video advertising, showing no sign of financial damage from the controversy over how Russia used the social network in an attempt to sway voters in the 2016 U.S. election. The company’s shares, which hit a record earlier in the day, initially 37

1 November, 2017 5:00 AM Alembic Pharma completes US-based Orit Lab acquisition

Drug firm Alembic Pharmaceuticals through its wholly-owned subsidiary has completed acquisition of US-based generic drug developer Orit Laboratories LLC for an undisclosed sum. "Alembic Pharmaceuticals through its 100 per cent owned subsidiary, Alembic Pharmaceuticals Inc, has completed acquisition of West Caldwell, New Jersey USA-based generic drug developer 30