Airbnb confirms $1.5 billion fund raising round
The US-based home-sharing startup Airbnb has confirmed that it closed $1.5 billion fund-raising round in a filing to SEC. The latest round puts Airbnb's valuation at $25 billion. The home sharing services provider boosted its forecast for revenues to $900 million for 2015. Airbnb is planning to expand globally.
Dec 10, 2015 1:35 AM EST
South Africa's inflation up at 4.8% in November
South Africa's inflation rate was 4.8 percent in November from 4.7 percent in October. The inflation rate indicated its highest since July. The currency Rand continuous fall against the US dollar is further adding to inflation. South African economy narrowly missed the second recession in six years.
Catholic Church Prelate Suggests Birth Control can be the Ultimate Solution to Climate Change
Have you ever thought that birth control or so-called family planning can help control climate change? Believe it or not, the truth is the larger the population will be, the tougher the life will become. Hence, Church authorities decided to join UN climate change meet to raise the voice.
The Unapologetic Magic Mouse 2 – The Sad Reality of the Apple Design
Are you fond of Apple made products? Be sure enough whether you want to invest in some recent controversial Apple goods like magic mouse 2. Magic mouse 2 is one of the questionable accessories that Apple launched this year.
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Exxon refuses to share U.S. Tax information, hindering progress on energy transparency, says watchdog chief
Extractive Industries Transparency Initiative (EITI) head, Clare Short, said Exxon's refusal to share U.S. Tax information is hindering progress on the push for transparency in the energy business.
Dec 09, 2015 10:58 PM EST
Men have to cultivate a culture that encourage women in workplace, says Dell's CMO
Dell CMO Karen Quintos said that in order to remove gender bias in the work place, men must cultivate a culture that encourages women to think they can succeed
Dec 09, 2015 10:53 PM EST
Surface Book to replace the laptop and the tablets
Microsoft's first laptop, Surface Book is basically a laptop first, that can work as a tablet. Microsoft's first laptop, Surface Book, is a tablet that is connected to a keyboard.
Dec 09, 2015 10:47 PM EST
Conflict against Russia could lead to $9 billion loss for Turkey
Due to the conflicts with Russia, Turkey's economy is at risk of losing $9 billion. Turkey's economy is at risk of losing $9 billion as Russia imposes sanctions involving food imports and energy supplies.
Dec 09, 2015 10:41 PM EST
Aging population a drag on US labor force growth
With the number of ageing Americans increasing, the employment growth rate will be under pressure in the 2014-2024 decade, according to the US Labor Department. The US economy may generate 9.8 million jobs during the decade, but the work-age population growth is slowing down.
Dec 09, 2015 10:37 PM EST
Air France suffers €50-million loss after terror attacks on Paris
Air traffic was drastically hit by the terrorist attacks on Paris in November. Air France-KLM is believed to have suffered €50-million revenue loss for the month. However, the French-Dutch group is optimistic about recovery by the end of December 2015.
Dec 09, 2015 10:33 PM EST
T-Rex uses computer-aided design to create toys
Young Japanese toy design studio T-Rex brings uses computer-aided design (CAD) to design and create their products.
Dec 09, 2015 10:24 PM EST
Kyocera, Century Tokyo completes Japanese 10MW solar power plant
Multinational electronics company Kyocera Corp. and Century Tokyo Leasing Corp. recently finished a 9.9-megawatt photovoltaic (PV) solar power plant in the Hyogo Prefecture, Japan.
Dec 09, 2015 10:19 PM EST
Cadbury is tax-free even with a whooping £96.5M profit
Mondelez, the American owner of Cadbury, is facing controversy for allegedly avoiding its UK corporate taxes despite earning £96.5 million.
Dec 09, 2015 10:08 PM EST
The new DNA editing tool can modify human cells but is prohibited to be used in establishing pregnancy
Scientists from across the world gathered for the International Summit in Human Gene Editing in Washington, DC this week. The meeting discussed the new gene editing tool called CRISPR-CAS9 and its use in human gene editing.
Dec 09, 2015 9:25 PM EST
Civil suits vs Volkswagen will be heard in California
Hundreds of civil lawsuits against Volkswagen will be heard by a federal judge in California. The decision was made by a judicial panel despite a push from the automaker and the federal government to send the cases to different states.
Dec 09, 2015 9:23 PM EST
Teenagers Exploit the After School App Resulting to Harmful Results
The After School app allows teenagers in high school to posts anonymously about anything. This has caused an immense amount of cyberbullying and in some cases, threats to the students themselves.
Dec 09, 2015 8:32 PM EST
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