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MIT Announces An Innovation Hub For Students In Hong Kong

MIT announced an innovation node in Hong Kong a collaborative space that aims to connect MIT community with unique resources.

Nov 12, 2015 2:46 AM EST


China Announces No Tough Rules For Foreign Bank Card Firms

China will not impose tough licensing restrictions on overseas bank card providers. China will not impose tough licensing restrictions on overseas bank card providers looking to enter the country's $7 Trillion card payment market, a senior central bank official claimed on Tuesday.

Nov 12, 2015 2:32 AM EST


Pentagon awards Lockheed $969 million contract to build 17 C-130J aircraft

Lockheed Martin Corp. was awarded a $969 million contract from Pentagon to build 17 C-130 J military transport planes to be completed on April 2020.

Nov 12, 2015 2:32 AM EST


T-Mobile is offering free data usage for video streaming

T-Mobile now offers a new option that lets users stream videos on their mobile devices without using much of their data plans allotment.

Nov 12, 2015 2:25 AM EST


Cuomo increases Basic Minimum Wage for NY State Workers to $15 an hour

Governor Andrew M. Cuomo announced Tuesday that he would unilaterally increase minimum wage to $15 for all state workers in New York, making it the first state to have pay levels this high.

Nov 12, 2015 2:25 AM EST


Goldman Sachs sells 1.3 million Valeant Asset instead of allowing CEO to add collateral

Instead of adding more collateral, Goldman Sachs sold 1.3 million worth of shares from Valeant CEO Michael Pearson's share of the company on Thursday in line with his $100 loan.

Nov 12, 2015 2:18 AM EST


Cadillac launches again its XT5 Luxury SUV, this time in a Dubai public school fashion show

General Motors unveiled its new luxury 2017 XT5 SUV again in a public school fashion show in Dubai. General Motors unveiled its new Luxury 2017 XT5 SUV again.

Nov 12, 2015 2:08 AM EST


Mitsubishi Jet Successful Flight Marks New Era of Japanese Aircraft Industry

Japanese aircraft is now ready to enter airspace, after a successful maiden flight of Mitsubishi Regional Jet (MRJ) on Wednesday. MRJ is short to medium range jet aircraft produced by Mitsubishi Aircraft Corporation.

Nov 12, 2015 1:55 AM EST


Dollar rally is back on support of interest-swap rates

The US dollar turned bullish now. The greenback is trading at six-month high against Euro. The two-year dollar interest rate swaps surpassed shared currency area. Higher US interest rate swaps over European rates indicate strongest possibility of interest rate hike by US Federal Reserve.

Nov 12, 2015 1:45 AM EST


How Lenovo Rebranded and Modernize Its Image as Global Brand

Lenovo has successfully rebranded and modernize its image as global brand. Since its acquired IBM personal computer business in 2005, Lenovo expanded and now become the number one PC maker and third largest in smartphone

Nov 12, 2015 1:42 AM EST


Google's Machine Learning Software: TensorFlow, Goes Open Source

Artificial Intelligence seems to be getting hotter and trendy in Silicon Valley. Every tech and internet giant from Facebook, Apple and Google is working hard over this technology.

Nov 12, 2015 1:19 AM EST


Alibaba shadowed Black Friday and Cyber Monday with $9.3 billion in the first 90 minutes

Alibaba is proving to cross the peak limit of sales generated by Black Friday and Cyber money with $9.3 billion in the first 90 minutes. The amount, both of the US online holidays generated combined. This year, the Alibaba’s expected reach is $13.7 billion, which is big boost to China’s plunged economy.

Nov 12, 2015 1:13 AM EST


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