GM is considering one of the major corporate expansion plan in the history of Detroit. General Motors is intending to spend a huge amount of about $1 billion for renovation of its Technical Center, which is more than five decades old. The expansion plan is expected to be one of the largest in the history of Detroit city. The renovations will result in building of new offices which in turn will...

Music service Spotify again intends to raise funds from interested investors. At this time, we are talking about the amount of $ 400 million, after receipt of which the overall Spotify’s assessment will reach $ 8.4 billion. Swedish service Spotify, which offers streaming music, appeals to raise funds from investors for the seventh time. At this time, the company, according to The Wall Street...

The corporate networks influencing the increment of C.E.O.s salary, can affect the company’s economy as shareholders are kept in the dark. Thestrategist.media, Canada – 10 April 2015 – According to research papers, reported by Huffington Post, Business – Canada, the salary of a C.E.O. should be raised by the peers. The said research study was carried out by the Ted Rogers School of Management in...

The most popular in the world WhatsApp messenger is preparing to bury cell phoning: in March, the company implemented a feature of Internet calls for users of Android, owners of iPhone and Windows Phone are on stage. A week ago, WhatsApp, behind which the title of  ‘SMS killer’ has been already fixed, introduced a feature of Internet calls for users of Android. This week WhatsApp’s support...

Electric car maker Tesla has announced that it would increase the price line for its entry-level Model S electric Sedan while fixing in it a more capable battery. The company is looking at a 2015 sales target which is stacked too high. Even while the company has sold a it sold a record 10,300 cars in the first quarter of this year, it still needs to deliver consistently to keep up the pace and...

US-based telecom company AT&T has reached a $25 million settlement with the Federal Communications Commission concerning its call center employees passing out personal data of about 280,000 US customers. The breaches happened in the company’s contracted call centers in Mexico, Colombia and the Philippines. The employees involved released information including customers' names, full or...

US-based fast food chain McDonald’s has added a limited time option of premium sirloin burgers to its US menu for a limited time.   The chain that seems to have lost its luster over the past few years with consumers getting aware of the ill-effects of fast food consumption is trying to attract attention through its premium limited time options under the helm of its new CEO Steve...

Tesla recorded jump in vehicle sales despite challenging roll-out in China. Despite sales slowdown in Chinese market, Tesla set new sales record for its latest model S. In the first quarter of 2015, Tesla delivered substantial number of Model S electric cars. This was clearly evident through the soaring stock price of the company. Tesla’s deliveries steeply mounted 55% in the first quarter of...

Market value of the microblogging service jumped after rumors of interest from the Internet giant Google to acquire one of the social networks. Yesterday Twitter’s capitalization increased by $ 1.5 billion due to information about the interest in buying microblogging service by Google hit the market. According to Briefing.com, the two companies are showing "serious" interest in Twitter and one of...