Uber hires 2 hackers to secure its fleet
Uber has recently hired two other technical experts in the person of Chris Valasek and Charlie Miller. Both will be working on Uber's Advanced Technology Center, which will work on vehicle safety and autonomy as well as mapping.
Aug 31, 2015 4:55 AM EDT
Twitter reveals diversity goals for 2016
Twitter reveals to the world its diversity goals for 2016 that included increasing women and colored people.
Virginia TV Shooting Shakes News Crews
The shooting of two journalists during a live shot has planted anxiety and fear among news crews. Although experts claim that there won't be an extensive shrinking in live reporting, rumors say that some stations are trying to restrict doing remote live reports for the mean time.
China raises counterfeiting to the next level with a fake Goldman Sachs
Everyone has heard of fake designer bags, earrings and watches but faking Goldman Sachs is an entirely new level of counterfeiting.
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Uber Closing In on $1B Fundraising Campaign
Uber China draws near the closing of its $1B campaign for expansion plans. Investors have decided to fund Uber and raise its valuation to around $7.5 billion.
Aug 31, 2015 2:45 AM EDT
Out of the box: Instagram update allows users to upload landscape and portrait photos and videos
The most recent update of the ever popular photo-sharing app now lets users upload their videos and photos in portrait and landscape modes.
Aug 31, 2015 2:43 AM EDT
You too can drop everything and travel the world for $40,000
Meet Mark and Britnee Johnston, the couple who saved money, quit their jobs and traveled around the world for one year.
Aug 31, 2015 2:41 AM EDT
Richest man in Asia acquires World Triathlon Brand for $650M
Wang Jianlin buys Ironman brand in a move to diversify its sports portfolio. Wang acquired World Triathlon Corporation from US fund Providence Equity partners. The acquisition totalled $900 million along with Triathlon's debt.
Aug 31, 2015 2:16 AM EDT
Italian oil explorer Eni discovers 'supergiant' gas field off Egyptian coast
It appears that a supergiant gas field was recently discovered in an Egyptian coast by an Italian oil group called ‘Eni’.
Aug 31, 2015 2:06 AM EDT
The Internet of Things is worth $7T market opportunity - IDC
Internet of Things (IoT) will be worth over $7-trillion market in next five years, but majority of global corporate companies are yet to make IoT-based business strategies. The latest study reveals that IoT will enhance efficiency significantly.
Aug 31, 2015 1:50 AM EDT
U.S. ITC terminates Microsoft patent infringement case filed by InterDigital Inc.
U.S. International Trade Commission halts importation ban of Microsoft devices, rejecting the patent infringement filed by InterDigital Inc. eight years ago.
Aug 31, 2015 1:46 AM EDT
High market volatility forces investors turn to cash, gold
The high volatility in stock markes is driving investors towards gold and money market funds. The panic investors were pulling funds off equity markets and investing in gold and money market funds. The last week's beginning downfall on markets paricularly Chinese stock exchanges triggered funds outflow from equities.
Aug 31, 2015 1:45 AM EDT
Brazil is financially ruined, under recession
Brazil is now suffering from another recession caused by many factors including the sudden drop of its gross national product and the contribution of the much controversial Petrobras scandal.
Aug 31, 2015 1:43 AM EDT
Mobile TeleSystems tied up with Google for a voice command mobile internet service in Russia
MTS, the leading network provider in Russia had teamed up with Google Inc. to incorporate Google Now voice command app on Android devices available on MTS stores. MTS would share revenues with Google on promotions and advertising.
Aug 31, 2015 1:41 AM EDT
The reason Saudi Arabia won't hold off oil production
Oil industry has been suffering too much from the price crash and worse is some have gone bankrupt. Still Saudi Arabia won't lessen it's oil production eventhough they are already affected but more affected are its rivals. In the end, Saudi Arabia will have more to gain.
Aug 31, 2015 1:39 AM EDT
Business groups disappointed over new Federal labor ruling that gives contract workers more bargaining power
The National Labor Relations Board had issued a new standard in labor force unionizing minimum wage workers under the service sector. This means companies and subcontractors handling them will be responsible over wages and working conditions. Businesses opposed the new ruling asserting it will increase labor cost in America.
Aug 31, 2015 1:29 AM EDT
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