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President Obama calls on Silicon Valley to battle online terrorist recruitments, addresses USA on terror

President Obama’s recent terror threat speech seeks the help of Silicon Valley to stop recruitment and promotion of terrorist groups’ violence over social media.

Dec 08, 2015 6:12 AM EST


Singapore and U.S. Agreed to Deploy Boeing P-8 in South China Sea

United States and Singapore agreed on sending Boeing Poseidon spy plane to South China Sea amidst a tension in the region.

Dec 08, 2015 5:57 AM EST


Google Life Sciences is now Verily

Alphabet has renamed its Google Life Sciences division to "Verily". The company spun off from Google in August within Alphabet. It will continue Google Life Sciences' projects on disease prevention and health.

Dec 08, 2015 5:07 AM EST


US consumer credit growth below forecast in October

The consumer spending slowed down in October. The latest data from the US Federal Reserve indicated the cautious approach of American consumers ahead of major shopping season in the country. The consumer spending rose $15.98 billion to $3.5 trillion in October as against $38.5 billion growth registered in September. The auto and student loans propelled the consumer growth in October.

Dec 08, 2015 5:04 AM EST


Toshiba to pay $59.8 million for their accounting violations

Toshiba could pay a record-breaking fine for its accounting violations. Japan's Securities and Exchange Surveillance Commission recommended that Toshiba should be fined a record-breaking 7.

Dec 08, 2015 4:36 AM EST


Student loans eligibility restricted to those who can borrow for higher education

The surging number of student loan delinquincies has raised a debate whther to underwrite student loan policies or not.

Dec 08, 2015 4:29 AM EST


Takata downplayed air bag crisis and lost major investor because of it

Takata’s manner of facing their air bag crisis has lost them one of their biggest investors. How Takata Corp. handled their air bag crisis is the very reason why they lost one of their biggest investors, Sawakami Asset Management.

Dec 08, 2015 4:07 AM EST


Orbital ATK takes off with vital NASA gear to the International Space Station

Orbital ATK’s Atlas V Rocket successfully took off en route to the International Space Station. After its year long hiatus, Orbital ATK with the Atlas V rocket successfully launched its unmanned Cygnus cargo spacecraft carrying important supplies and NASA gear to the International Space Station.

Dec 08, 2015 4:00 AM EST


Sony Will Offer Unbelievable $100 Package for Sony PlayStation’s One Year Subscription on 8th December 2015

The PS4’s paid streaming subscription services have recently got a makeover. Sony PlayStation is unveiling their latest money-saving 1-year subscription at approximately $100.

Dec 08, 2015 1:07 AM EST


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