Economy News

Alibaba Group Holding Ltd Expands Cloud Computing With Equinix Inc Partnership

Alibaba Group Holding Ltd Expands Cloud Computing With Equinix Inc Partnership

Alibaba has partnered with Equinix to expand its cloud computing services in Europe Alibaba Group Holding Ltd. (NYSE:BABA) is strengthening its cloud computing platform, Aliyun, with the help of a tie-up with Equinix Inc (NASDAQ:EQIX). A partnership with Equinix will grant Aliyun the global exposure it needs in its early […]

Netflix, Inc. To Debut In Southern Europe

Netflix, Inc. To Debut In Southern Europe

As it accelerates its international expansion, Netflix is set to launch in Spain and Portugal this October As part of its aspirations of becoming a global corporation by the end of 2016, Netflix Inc. (NASDAQ:NFLX) launched its internet video streaming service in Southern Europe. The company was planning its debut […]

Tesla Motors Inc To Award Hackers $1,000 In Bug-Hunting Scheme

Tesla Motors Inc To Award Hackers $1,000 In Bug-Hunting Scheme

Tesla Motors encourages hackers to find security flaws on its website by rewarding them with money Tesla Motors Inc (NASDAQ:TSLA) will start rewarding hackers through a bug-hunting scheme, which will encourage people to report security problems on Tesla?s website. The program is official on a crowdsourcing company website, Bugcrowd.com which […]

Statoil ASA Backs Big Carbon Dioxide Reductions

Statoil ASA Backs Big Carbon Dioxide Reductions

According to Norway?s Statoil ASA (ADR) (NYSE:STO), the world?s economy stands to benefit greatly if strong measures are taken to reduce carbon-dioxide emissions over the coming 25 years. As per a report published, the oil and gas producer is projecting the global economy to grow annually by 2.9% on average. […]

Bank of America Corp (NYSE:BAC) Merrill Lynch Lowers Client Fees: Report

Bank of America Corp (NYSE:BAC) Merrill Lynch Lowers Client Fees: Report

According to Reuters, Bank of America Merrill Lynch brokers won a battle to lower client fees on advisory accounts After a two-year struggle to increase account fees for wealthy clients, Bank of America Merrill Lynch finally gave in to the pressure from retail brokers. The news was first reported by […]