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Apple demands additional $180M from Samsung in patent dispute

Previously, Apple penalized Samsung with $548 million for infringing iPhone patents and designs. It now wants additional $180 million to cover up interest and supplemental damages. However, Samsung is also working as partners with Apple as it supplies processors and screens for Apple's iPhones and iPads.

Dec 29, 2015 4:28 AM EST


Colombia Claim Spanish Treasure Ship Sunk in 1708

San Jose, the jewel of Spanish crown sunk in 1708 in Colombia coast. After years of claim with American group, Colombia recently announced that it has found the shipwreck last month.

Dec 28, 2015 10:24 PM EST


Russia Says Saudi Arabia Destabilized Oil Market

Continuous plunge of oil price has created an unrest in oil production countries. Russia says the act of Saudi Arabia in increasing its production to flood the market is the main cause of oil price turmoil.

Dec 28, 2015 10:15 PM EST


Texas Cuts Funding for F1 Racing, But FIA Wants More Race in U.S.

Texas governor cut the funding to Formula One race in its state. On the other hand, the Formula One governing body wishes to have more race in U.S.

Dec 28, 2015 10:02 PM EST


Sportswear Stores Struggle in Race to Reach Consumers

Due to the increased sales of online retailers, independent sportswear companies are already suffering. But their major fear is competing with the large vendors like Nike. It gets tough for the small retailers to change their orders with every change in fashion taste as the ordering cost is high, but large vendors can easily afford it.

Dec 28, 2015 9:53 PM EST


Wrong Direction: Malaysian Airlines flight took a detour

Malaysian Airlines flight from Auckland to Kuala Lumpur flew in a slight detour during their christmas day flight. No accident occur during the event as the pilot managed to inform the ground control and stay under the radar all the time.

Dec 28, 2015 9:26 PM EST


Iran exports news halts 3-week run of price rise for oil

The trouble-hit Iran has reiterated that it'll take the exports to the pre-sanctions level after the sanctions are lifted. This has curbed the three-week streak of oil price rise. The oil price rose encouraging for the first time since April.

Dec 28, 2015 9:21 PM EST


The world’s first true hoverboard is now available to pre-order for $20 K

Spacecraft company Arca Space announced the world's first true hoverboard, the ArcaBoard. The fan-powered board can lift a person one foot off the ground.

Dec 28, 2015 4:22 AM EST


Afghanistan is Still The World's Largest Opium and Heroin Producer

Afghanistan is still the largest producer of opium in the world. Area where Taliban has a strong presence has been the main supplier for the world's opium.

Dec 28, 2015 4:14 AM EST


China passes new controversial anti-terrorism law

China’s legislature passed a controversial new anti-terrorism law that allow the government to request for sensitive information from technology firms. Among the information that could be requested includes encryption keys for individual data.

Dec 28, 2015 4:03 AM EST


Chipotle in Boston Reopen After Norovirus Outbreak

After a norovirus outbreak in its Beacon Street's restaurant in Boston earlier this month, Chipotle reopens the restaurant.

Dec 28, 2015 3:40 AM EST


Regulators penalized BMW $40M for slow mini car recall

U.S. safety regulators have fined BMW with up to $40 million for failing to conduct prompt recalls notification. The company signed a consent order which clarifies that if it failed to comply or broke other safety regulations, it will be fined with additional $20 million. However, the company did not respond to requests for interviews.

Dec 27, 2015 4:10 AM EST


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