Northrop Makes Huge Move, Attributed to World Tensions

By: Zack Duvall   In a move that surprised both defense industry analysts and investors, Northrop Grumman announced on Monday that it was purchasing missile defense and space industry leader, Orbital ATK inc. According to financial documents, the final sale price is $7.8 billion in an all cash deal that gives Northrop access to numerous government defense contracts, including a contract Orbital has just secured … Continue reading Northrop Makes Huge Move, Attributed to World Tensions

‘Citadel’ Malware Co-Author Sentenced in U.S. Court

By: Zack Duvall   Mark Vartanyan, the Moscow native federal prosecutors said helped to develop and maintain the ‘Citadel’ malware program, was sentenced to 5-years in prison on Wednesday in Atlanta. Vartanyan, who also went by the nickname “Kolypto”, was said by authorities to be a vital part of the development team that maintained the malware program that infected over 11 million computers and caused … Continue reading ‘Citadel’ Malware Co-Author Sentenced in U.S. Court

Snap Inc. Loses Steam, Shares Fall Below IPO Sale Price

By: Zack Duvall   In a surprise twist of fate, the seemingly popular and thriving social media company, Snap Inc., saw its targeted sale price substantially lowered by lead underwriter, Morgan Stanley, to $16 a share, one dollar less than the March IPO sale price. The company’s inability to capitalize on potentially new and innovative ad revenue for the platform, was cited as the key … Continue reading Snap Inc. Loses Steam, Shares Fall Below IPO Sale Price

Around the Moon and Back, SpaceX’s Elon Musk Says Trip Planned for 2018

By: Zack Duvall Elon Musk, the billionaire owner of SpaceX and the Tesla car company, told reporters during a conference call Monday that his company SpaceX was working on a craft to be ready for launch by 2018 that would send potential “space tourists” on a flight around the moon. The craft that is set to be used in the tentatively scheduled launch is being … Continue reading Around the Moon and Back, SpaceX’s Elon Musk Says Trip Planned for 2018

AT&T Customers, Savings Are Coming Your Way

By: Zack Duvall In yet another move by a major wireless provider in what many analysts call a “price war”, Wireless giant AT&T announced through an e-mail sent Monday that it was lowering the monthly price of its unlimited data plan. The move by the company brings the price down by $10, bringing the new overall monthly price for AT&T customers to $90, including taxes, … Continue reading AT&T Customers, Savings Are Coming Your Way

Drones May Make Delivery Cheaper in the Future, For Now UPS Eyes Price Hikes

By: Zack Duvall UPS executives made two announcements to investors and consumers Tuesday at an annual investors event the company holds. The first announcement executives made was that the company has started to implement, and develop technology to make drone delivery not only viable for the company, but fully part of its operating strategy. However, the company’s Chief Financial Officer, Richard Peretz’s, second announcement made … Continue reading Drones May Make Delivery Cheaper in the Future, For Now UPS Eyes Price Hikes