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Want an Alternative to the Traditional Utility? Look at Tanzania.

The future alternative to the traditional electric utility may emerge first in The East African nation Tanzania. This nation has developed the best system of regulating and spurring off-grid power systems anywhere in the world, according to the annual Climatescope study into energy investment trends in developing nations by Bloomberg New Energy Finance.

Dec 22, 2015 7:55 AM EST


McDonald's Japan Shares Plunge After Report That US Parent Company May Sell Stake

McDonald fell the most in almost five years after a report that says the American fast food chain was looking for investors to offload its stake in the Japanese that's struggling to recover from a series of food scandals. McDonald's Corp., the U.S. parent company, is reportedly looking to gain about 100 billion yen ($825 million) and has asked potential buyers to respond by mid-January.

Dec 22, 2015 7:50 AM EST


Gillette is suing the Dolar Shave Club

Gillette filed a patent lawsuit Thursday against Dollar Shave Club Inc. The company is seeking both damages and an injunction to stop the club from selling razors that violated its copyright.

Dec 22, 2015 7:38 AM EST


Australia Revealed List of 600 Major Corp Paid Little to No Income Tax

Australia's tax office published a list of 1500 companies that made more than $100 million in 2013-14 and about 600 paid little to no income tax.

Dec 22, 2015 7:22 AM EST


Ex-Hedge Fund Manager Shkreli, arrested for jacking up the price of a life saving drug by 5,000%

A 32-year-old former hedge fund manager, Martin Shkreli got arrested for jacking up the price of a life-saving drug by fifty-fold. However, later he was released on bail through $5 million. He is also alleged of punching up a photographer outside a courthouse.

Dec 22, 2015 3:42 AM EST


Dell says could buy back $3 billion in VMware tracking stock

Dell could approve a $3 billion fund to purchase back VMware tracking stock on Monday. On Monday, Dell said the company could approve a $3 billion cheque to purchase back VMware tracking stock to issue to finance its EMC acquisition.

Dec 22, 2015 3:34 AM EST


2015 Cybersecurity market to reach $75B, will continue to grow

The global cybersecurity market continues and is expected to reach $75 billion in 2015. It is anticipated to continue its growth for the next five years to $170 billion by 2020.

Dec 22, 2015 3:33 AM EST


Fake explosive device forces Air France flight to make emergency landing in Kenya

A fake explosive was found on an Air France plane en route from Mauritius to Paris, forcing it to make an emergency landing in Kenya.

Dec 22, 2015 2:00 AM EST


Ninebot One to solve personal transport system woes

Tianjin-based Tech Company Ninebot Inc plans to solve car park problems in big cities in China through its two-wheel self-balancing equipment.

Dec 22, 2015 1:41 AM EST


Russia will continue to develop nuclear weapons; but will not use them

Russia will produce more nuclear weapons but promises not to use them. Russian President Vladimir Putin says he will continue to develop nuclear weapons but has no intentions of using it.

Dec 22, 2015 1:38 AM EST


Star Wars: The Force Awakens breaks several blockbuster records

Star Wars: The Force Awakens breaks major movie records held by Jurassic World, Harry Potter, and The Hobbit.

Dec 22, 2015 12:41 AM EST


Rechargeable lithium-ion batteries causes hoverboards to explode

Low quality rechargeable lithium-ion batteries are the major reasons why hoverboards are exploding. Misuse is also another reason.

Dec 22, 2015 12:31 AM EST


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