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India restores Federal AIDS control program amid budget cuts

After witnessing criticism over budget cuts for the globally popular AIDS control program, The Indian government has decided to restore it on total Federal support. The Indian government had earlier cut down budget allocation by one-fifth and asked the state government to fill the gaps. The budget cuts resulted in the shortage of condoms as well.

Dec 03, 2015 3:34 AM EST


Africa's Largest Media Company Extends Its Operation Worldwide

South African largest media company, Naspers increases its U.S exposure. The company that has operated in 130 countries is ready to expand its service worldwide

Dec 03, 2015 3:26 AM EST


Petra and Ekapa Acquire De Beers Oldest Diamond Mine

Petra Diamond Ltd and Ekapa Minerals Pty have acquired De Beers oldest diamond mine in Kimberley. UK's Petra Diamond Ltd partners with South African's Ekapa Minerals Pty to buy the oldest mines of De Beers in South Africa.

Dec 03, 2015 3:01 AM EST


LinkedIn Revolutionizes Its Mobile App: Appealing Difference To Enhance Use

The LinkedIn mobile app gets a makeover with clean design and interface. It is more user-friendly, but users wish to see more on the utility side.

Dec 03, 2015 2:56 AM EST


WhatsApp is blocking the links of competitor messenger Telegram for Android users

WhatsApp is suddenly started blocking any link mentioning the word ‘telegram’ in it especially for Android users. Telegram is the major competitor of the largest chat app Whatsapp. Now, whether the behavior is intentional or just a technical glitch, that is still unknown.

Dec 03, 2015 2:40 AM EST


Fed adopts new rules to end 'too big to fail' notion on troubled banks

The Federal Reserve adopted new measures that would limit its ability to bail out big banks that are in trouble, which essentially means the government has to come to their rescue whenever they face crisis.

Dec 03, 2015 2:21 AM EST


November 2015 Subaru sale surpasses 2014's 500 million units sold milestone

Subaru sold 526,401 units through November this year, surpassing its 2014 milestone record 513,693 unit sales.

Dec 03, 2015 2:16 AM EST


Express Scripts offers cheaper $1 pill alternative to Turing's $750 per pill drug

Drug prescription firm Express Scripts Holding Co. found a way to offer a cheaper $1 alternative to Turing’s $750 a pill drug.

Dec 03, 2015 2:07 AM EST


Ford invests $1.3B to support production of 2017 Ford F-Series Super Duty

Ford will invest $1.3 billion in its Kentucky Truck Plant to support the production of its 2017 Ford F-Series Super Duty truck.

Dec 03, 2015 2:02 AM EST


Japan state-fund mulls picking stake in Sharp Corp

Japan state-backed fund is keen on acquiring stakes in Sharp Corporation for Yen 200 billion ($1.63 billion). Sharp Corp recorded Yen 50 billion operating loss for the first half of 2015. The LCD business unit of Sharp Corp is a major contributor to the losses. Sharp is planning to spin off LCD business unit and later it may consider stake selling, according to media reports.

Dec 02, 2015 10:53 PM EST


Spotify is now the number one music streaming service globally

Spotify is now the world's most popular streaming music service, according to a new report from app analytics firm App Annie. The report also disclosed that Spotify has defeated ts biggest competitor; Pandora in terms of active users, downloads and revenue.

Dec 02, 2015 10:44 PM EST


Facebook plans to set up its first Asian data center in Taiwan

Facebook plans to build its first Asian data center in Changhua County, Taiwan. The company plans to invest $300 million for the data center that will sit on 20 hectares of land.

Dec 02, 2015 10:42 PM EST


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