Finland's Kela will provide basic income for working or non-working Finnish
The Finnish Social Institution, Kela, is coming up with plans to create a basic income model that would guarantee an 800-euro-a-month income for the people whether they work or not.
Nov 02, 2015 10:13 PM EST
China sees greater shift to internet-based enterprises
There's significant business potential in internet-based business as the higher costs of labor and infrastructure are eroding the profitabilit of tranditional enterprises in China. The vast usage of internet and huge population numbers are luring many businesses to set up shop online.
Daniel Loeb's Third Point picks stake in Seven & I
Daniel Loeb's Third Point LLC has picked stake in Japanese retailer Seven & i Holdings. The size of the deal is expected to be below five percent. The US activist investor Loeb has called for restructuring at the Japanese retailer to increase profitability and shareholder returns, while reducing costs. Seven & i is closing down its underperforming Ito Yodado stores.
Amazon logs off 'Register'; breather to Square
Facing stiff competition and suffering low margins, Amazon has decided to shut down its mobile point-of-sale payement service Amazon Register. This decision has turned out to be a fresh breather for competitors such as Square, which is going public this year. Amazon Register will be logged off in early 2016, while existing merchants are allowed to use it till 1 February 2016.
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Cross-border technology sharing with Chinese firms worries US defense experts
US technology giants such as IBM, Microsoft, Dell and Cisco are working closely with Chinese companies considering the vast business potential in the world's second largest economy. Taking advantage of technology access to the US companies, Chinsese companies are becoming self-sufficient in developing technology applications in turn pushing military research and operations capability. This may signal threat to US national security, alert US defence experts.
Nov 02, 2015 9:22 PM EST
Amazon Launches Black Friday Deals Store to Start Countdown to Biggest Shopping Event of the Year
Amazon’s prime members will gain early access to its lightning deals as part of its Black Friday Deals store countdown.
Nov 02, 2015 9:08 PM EST
TalkTalk hacked details sold in black market for just over a pound each
The 20,000 customer financial information of TalkTalk recently hacked are now being sold online for a very cheap price.
Nov 02, 2015 8:56 PM EST
EdTech and MOOC Will Change College Degree
Online courses companies known as EdTech have gained benefit from the changing job market. Their next disruption created by EdTech is in college degree, which will seize to become the exclusive credential in job market.
Nov 02, 2015 8:36 PM EST
Win a trip to Switzerland and stay at Hotel Waldhaus Huldi through a Ricola Contest
The prize of the contest by Ricola is a four night stay for two at the 3 star Hotel Waldhaus Huldi in Adelboden. The return flights with Swiss International Air Lines and first class rail transfers by Swiss Travel System are also a plus.
Nov 02, 2015 6:45 PM EST
Philippine authorities speeds up investigations on alleged "Bullet Extortion"
Airport security guards were being accused of planting bullets in passengers' luggage at security checkpoints. Authorities are now speeding up the investigation in an alleged extortion scam.
Nov 02, 2015 6:32 PM EST
Kauai County resolution to induce competition as officials aims for a cheaper Interisland travel in Hawaiian
Kauai County has asked the state to incentivize opposition. And now, Kauia official also asks help in making the interisland travel cost less.
Nov 02, 2015 6:25 PM EST
Flight Crew Union UFO Raise the Possibility of Strike after Negotiations Fails with the German Airlines Lufthansa
The main flight crew union, UFO rejects Lufthansa, German airlines' latest offer. The official of the group threathens to strike.
Nov 02, 2015 10:47 AM EST
Delta Air lines' Diamond Medallion, Best Benefits and Rewards
For the loyal Delta flyers, passengers have experience this rewarding spending program from SkyMiles. Here are the best offered rewards and benefits from the highest tier, Diamond Medallion.
Nov 02, 2015 10:41 AM EST
Airbnb Spends $8 million campaign to stop San Francisco measure to limit short-term rentals
Airbnb spends more than $8 million for a campaign to stop Proposition F, an initiative in San Francisco that would limit short-term rentals.
Nov 02, 2015 10:32 AM EST
Vodafone admits hackers gained access to almost 2,000 customer accounts
Vodafone announced that hackers gained access to 1,827 accounts that belong to its customers. Vodafone admitted Saturday that hackers gained access to almost 2,000 accounts that belong to its customers.
Nov 02, 2015 10:18 AM EST
Airport Lounges: Abu Dhabi Terminal 1 and 3 Etihad First & Business Class Lounge
Etihad is now offering their Premium Lounges in both Terminal 1 and Terminal 3 at Abu Dhabi airport. And now many travelers are discovering the service and facilities offered in Etihad.
Nov 02, 2015 10:02 AM EST
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