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Amazon wins over trademark suit as Appeals Court reverses earlier ruling

Amazon escapes a trademark suit as appeals court reverses its opinion. The trademark suit came from MTM watch that previously argue that Amazon used MTM's trademark name on suggesting other brands to a customer.

Oct 23, 2015 8:07 AM EDT


Google leaks fake plans for time-traveling car, riding on the Back to the Future Hype

Google tweeted what seems to be a leak of a top secret blueprint for a time-travelling car in celebration of the Marty McFly and Doc Brown’s arrival in the future, which was a few days ago.

Oct 23, 2015 7:05 AM EDT


Hendo 2.0: The $10,000 futuristic hoverboard has been unveiled

Arx Pax has unveiled Hendo 2.0, the new generation hoverboard. Hendo 2.0 has a skateboard-like design that is inspired by Tony Hawk. It has a hover engine that uses electromagnet that will be able to levitate about one inch off the ground. Hendo 2.0 is priced at $10,000 for the Kickstarters.

Oct 23, 2015 6:59 AM EDT


Analysts says there is a bigger economic story behind the quarterly snapshots of Caterpillar and McDonald's

The third quarter report of Caterpillar and other heavyweight international companies could give a clearer picture of how the global economy is doing. It reveals that there really is a global economic slowdown.

Oct 23, 2015 6:42 AM EDT


New Canadian prime minister to pull out troops in the bombing campaigns against ISIS in Syria, Iraq

Canada’s new prime minister designate Justin Trudeau recently talked to US President Barack Obama to pull out troops operating in the bombing against ISIS in Iraq and Syria.

Oct 23, 2015 6:40 AM EDT


China says increasing outflow of money is normal, no sign of panic capital flight

Administration of Foreign Exchange (SAFE) Deputy Head Wang Xiaoyi said the recent outflow of money from China is normal and that it should not be regarded as capital flight.

Oct 23, 2015 6:39 AM EDT


Samsung Electronics considering share buybacks: Korea Economic Daily

Samsung Electronics Co Ltd considers buying back its own shares as a strategy by the South Korean conglomerate Samsung Group to boost shareholder value.

Oct 23, 2015 6:39 AM EDT


Early Christmas: Greece to get first €3B of aid package

The Greece government is poised to receive the €3-billion aid installment of €86-billion bailout package. The European Economics Commissioner Pierre Moscovici made an announcement to this effect. The European commission will deal with the recapitalization of banks and Greece's debt in November or December.

Oct 23, 2015 6:38 AM EDT


Nasdaq clocks 12% rise in profit on high trading volume

Nasdaq Inc recorded a 12 percent jump in quarterly profit as higher trading volume and acquisition of Dorsey Wright helped the transatlantic exchange operator perform better. Analysts forecast earnings of 86 cents per share.

Oct 23, 2015 6:32 AM EDT


Brazil keeps interest rates unchanged at 14.25%

Despite a surge in inflation and the ongoing worst recession in the economy, Brazil's central bank preferred to keep the interest rates at the same level without any change. Brazil seems to be avoiding more harm to the ailing economy in its worst recessions over the decades.

Oct 23, 2015 6:30 AM EDT


Misfit launched Shine 2: Smarter and thinner fitness and sleep tracker

Misfit has launched its second generation of activity and sleep tracker, Shine 2. The device offers new smart features and elegant thinner design, yet more affordable on price.

Oct 23, 2015 6:26 AM EDT


Intel to convert processor plant in China into memory chips factory

Intel is shifting its focus toward memory technology as demand for its core processors declines. The company says it will spend as much as $5.5 billion over the next few years to shift production in its China plant from processor chips to memory chips.

Oct 23, 2015 6:24 AM EDT


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