Brazil to host its own Internet high-speed exchange point away from the U.S. - Telebras
Brazil will install its own submarine cable starting 2017. It would boost the country's Internet speed and would avoid the U.S. secret surveillance.
Sep 23, 2015 4:33 AM EDT
EU court orders airlines to compensate passengers for flights cancelled or delayed
Ryanair along with the other airlines with flights in UK will be held accountable for passenger delayed flights and cancellations due to technical reasons. Each passenger will be compensated depending on the distance of their flight.
French court decides: UberPop officially banned in France
The French Constitutional Court rejected Uber's appeal regarding UberPop's case. The court supported the law that was passed last year, implying only professional drivers must render services in the country.
Photoshop maker Adobe reported 21 percent quarterly increase in revenue due to more cloud subscription
Adobe reported a 21 percent revenue increase for the third quarter, which ended on August 28, due to cloud push.
Latest News
Low oil prices renders $1.5T worth of oil and gas production projects uneconomic
Some $1.5 trillion worth of new oil and gas projects wont be given a go ahead this year due to the low oil prices, according to research firm Wood Mackenzie.
Sep 23, 2015 4:16 AM EDT
2.4M applicants lined up in India for 368 low-level government jobs
2.3 million Indians scramble for 368 low-level government jobs that have tea making and bike riding as qualifications, symbolising the bad condition of India’s job market.
Sep 23, 2015 2:35 AM EDT
Volkswagen credit spreads rose despite pollution controls evasion
Volkswagen is proven of deceiving EPA in regards with its car emission levels forcing the agency to officially charge the German automaker what is due them. VW's credit spreads widened the fact it faces a maximum fine of $18 billion.
Sep 23, 2015 2:33 AM EDT
Tesla launches fully electric Model X crossover on Sept. 29
Tesla makes good on its promise to deliver first production Model X vehicles this month. The company says the fully electric crossover will be delivered to first customers during launch at its Fremont factory on September 29.
Sep 23, 2015 2:30 AM EDT
Tsipras to push bailout package, hike taxes
Soon after coming back to power for the second time in lthe same year, Alexis Tsipras is making measures that support the third round of euro 86-bn baiklout package. He inducted two baikout negotiators into the government economic team. Barring two parties, remaining all the parties are supporting the bailout package.
Sep 23, 2015 2:26 AM EDT
Volvo is developing Project ROAR; a robot that would collect your trash
Volvo teamed up with tech universities to develop the Project ROAR. It is a robot that discreetly collects the trash in the garage. ROAR would begin testing in June with Renova.
Sep 22, 2015 6:30 PM EDT
Fujifilm released new instant camera with a twist
The new instant camera by Fujifilm brings back the old wide film shot providing user with a better panoramis picture. The new camera also comes with a retro design during the time when Polaroid was still making its camera.
Sep 22, 2015 6:24 PM EDT
Apple's iOS App Store Gets Invaded By 'XcodeGhost'
First time in history that Apple's iOS App Store got attacked by several malicious software reaching to more than 300. XcodeGhost as it was called penetrated into Apple's technical defenses causing confusion and technical problems.
Sep 22, 2015 6:20 PM EDT
China President calls for punishing cyber hackers
China President Xi Jinping ahead of his US tour called for punishing the cyber hackers, while making it clear that his government doesn't engage in hacking. Our government wouldn't support Chinese companies engaged in such activity, Jinping said. Meanwhile, US National security advisor issues a warning to China for stopping state-backed cyber theft. The issue of cyber crime is likely to be main topic of disuccsion at the crucial meeting between Obama and Jinping.
Sep 22, 2015 6:18 PM EDT
Decline in drilling, oil prices up
The drop in oil inventories and shut down in drilling activity for the past 3 weeks have pushed oil prices upwards. Oil crude rose 4.5% to $46.68 per barrel and US Brent price rose $48.91 a barrel on Monday.
Sep 22, 2015 6:13 PM EDT
Australian banks close 13 bitcoin firms' accounts
Four Australian banks have closed down the accounts of 13 bitcoin firms following the stricter norms on anti-money laundering and terrorism finance. The Australian banks have already sent letters to 17 more bitcoin firms stating that their accounts will be closed down.
Sep 22, 2015 10:10 AM EDT
Broadband spread in SA unplugs 'video on demand' biz
With spreading of fibre optic broadband network in South Africa, many video on demand service providers are entering the market to explore the untapped potetnial. Already five companies launched their video on demand services. US video streaming giant Netflix may also enter the makret very soon.
Sep 22, 2015 10:09 AM EDT