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GE turns down $3.3B Electrolux acquisition

General Electric Co. pulled out of the agreed $3.3 billion acquisition of Sweden’s Electrolux AB, succumbing to pressure brought by the U.S. Justice Department, which was blocking the sale due to antitrust issues.

Dec 08, 2015 12:52 AM EST


A Philippine judge clarified the ruling of his court, suspending the application of permits by prospective drivers

Philippine judge Santiago Arenas clarified Saturday that the ruling in a Quezon City regional trial court doesn’t stop operations of ride-sharing companies like Uber and GrabCar, but only suspend the application of permits by prospective drivers.

Dec 08, 2015 12:42 AM EST


Apple joins Hour of Code project by using stores as classrooms to teach coding

Apple offers all its 468 stores worldwide as free classrooms to support the annual Hour of Code. This year, Apple is supporting the annual Hour of Code program by using all of its 468 stores all over the world as temporary classrooms teaching coding.

Dec 08, 2015 12:37 AM EST


GoPro cuts Hero 4 Session price again to only $200

GoPro’s Hero 4 Session is now only $199.99 after two price cuts from $400. After cutting its price down to $300 from $400, GoPro slashed its Hero 4 Session price once again by $100 to only $200 now.

Dec 07, 2015 11:18 PM EST


Vietnam sees property rebound as more prefer mortgage than cash in buying homes

Vietnam is experiencing a real estate property rebound as thousands of first-time home buyers choose loans to buy their houses and pay mortgage for up to 15 years, increasing the real estate loans by 22 percent in 2015.

Dec 07, 2015 11:14 PM EST


Credit market faces $1 trillion problem from borrowers looking to refinance their debts

Lower quality, high yield, and leveraged loan borrowers are looking to refinance their loans, which is expected to reach up to $1.05 trillion to $1.2 trillion worth of low quality speculative grade debt.

Dec 07, 2015 11:09 PM EST


Great customer service is genuine customer service, according to experts

Patrick O’Conell, FRHI Executive VP Doug Carr, and Sara Kearney from Hyatt said great customer service is about being genuine, it shouldn’t be fake, developing a different personality, or scripted.

Dec 07, 2015 10:39 PM EST


Verizon to start offering Wi-fi calling to customers using the latest Samsung mobile devices

Verizon will roll out its Wi-Fi calling for its customers with Samsung's Galaxy S6 and S6 Edge starting December 8.

Dec 07, 2015 10:24 PM EST


The BMW i8 Spyder will be in production very soon, says CEO Harald Krueger

BMW CEO Harald Krueger said a production version of the BMW i8 Spyder, which was first seen as a concept in the Beijing Auto Show back in 2012, will be introduced very soon.

Dec 07, 2015 10:19 PM EST


Giant social media companies step up their fight against online Islamic militants in secrecy

Social media giants, Facebook, Twitter, and Google, are now stepping up their efforts to fight propaganda and recruitment done by Islamic militants online, but they are doing so quietly to avoid any misconceptions.

Dec 07, 2015 10:05 PM EST


PS2 games now available on PS4 via PlayStation Store

PS2 games for PS4 console can now be purchased through the PlayStation Store. Some of the games include, Dark Cloud, Grand Theft Auto games, Rogue Galaxy, The Mark of Kri, Twisted Metal: Black, and War of the Monsters.

Dec 07, 2015 9:50 PM EST


Chile inflation drop puts pressure for rate hike

Chile's central bank is expected to hike interest rate this month or January 2016. inflation rate dropped into the expected range for the first time in 20 months. However, the core inflation remains at high level. The slump in currency Peso is also impacting the inflation rate.

Dec 07, 2015 9:41 PM EST