For more than ten years, heads of thousands of companies from different countries and industries have been naming Apple the most innovative company in the world. Google has just as consistently followed the company. Recently, however, the top 10 of this rating have undergone major changes, among which, for example, the emergence of the Chinese online retailer Alibaba, the first time generally...

YouTube, the most popular video hosting in the world, announced new rules and toughening the process of monetizing content. Google, the company that owns YouTube, went to these unprecedented measures after a scandal with advertisers. The latter were outraged by the fact that their ads were showed along with videos, which portrayed manifestations of racism, violence and cruelty. Last year was...

SoftBank Group Corp. plans to hold an IPO of the Japanese telecommunications division SoftBank Corp., which could bring the company about 2 trillion yen ($ 18 billion), the newspaper Nikkei writes. According to the newspaper, SoftBank intends to apply for the division’s IPO in the spring of this year, and expects that the company's shares will begin to trade in the fall. The company is also...

Chairman of the Board of Directors of Ford Motor Bill Ford said that the company intends to significantly increase investment in the development of electric vehicles. According to him, the volume of funds invested by the concern in this sphere will amount to $ 11 billion by 2022, which is much more than sums that were voiced by company representatives earlier. At the Auto Show in Detroit, Ford...

It turns out that technological giants overtook oil and gas companies in terms of investment in 2017. 1. Samsung Electronics In 2017, Samsung Electronics spent $ 44 billion on the construction of new plants and the expansion of existing production capacity. This allowed the company to take the 1st place among public companies in the world in terms of capital investments. 2. PetroChina Oil...

The European automotive market opened pre-orders for the Tesla Semi electric truck, launched last fall. Electric Tesla Semi can now be ordered in the Netherlands, Norway and the UK. The Norwegian "Asko" ordered 10 trucks for the current year. In the United States and Canada, more than 1,000 units have been ordered. In the UK, the Tesla electric truck is available in two versions with a range of...

Boeing Corporation became the largest supplier of commercial aircraft in the world for the sixth consecutive time. The company also signed contracts for the delivery of another 912 aircraft for a total of $ 134.8 billion. Its main competitor, Airbus, will publish its data on supplies and orders next week, but analysts do not expect that its performance will be higher than that of Boeing. The...

The US Financial Markets Regulation Service has imposed fines on US banks Citigroup and J.P. Morgan for providing false information and violations committed against customers. The Financial Market Regulator (FINRA) on December 28 fined Citigroup for $ 11.5 million for providing false ratings for many companies for almost 5 years. Citigroup Global Markets Inc. were ordered to pay a fine of $ 5.5...

Japanese company SoftBank won a tender to purchase a 20% stake in Uber, the Wall Street Journal reported citing sources. At that, Uber was estimated at $ 48 billion. This is less than the company’s market cap of $ 70 billion. Thus, SoftBank will receive Uber shares at a discount of almost 30%. According to the publication, the deal will be held at a big discount - almost 30%. SoftBank Group...