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Google will shut down Songza by the end of January next year

Google today announced the Songza website and app will be signed off on January 31, 2016. The news was announced on Songza's website and its users are being given two months to make the switch.

Dec 03, 2015 3:55 AM EST

News

JPMorgan teams up with On Deck Capital to roll out new lending product

JPMorgan Chase has teamed up with On Deck Capital to accelerate the loan processing for the small business segment. On Deck Capital is an online provider of high-cost lending and will offer its technology platform for JPMorgan to speed up loan processing for its four million customers. JPMorgan will launch new Chase product in 2016 taking care of small-dollar loans.

News

Starbucks, Walmart and Chain Stores Recalled Products Because of E. Coli

Starbucks, Walmart and dozen chain stores recalled their food product due to E. Coli contamination linked to Costco chicken sandwich case last month.

News

India restores Federal AIDS control program amid budget cuts

After witnessing criticism over budget cuts for the globally popular AIDS control program, The Indian government has decided to restore it on total Federal support. The Indian government had earlier cut down budget allocation by one-fifth and asked the state government to fill the gaps. The budget cuts resulted in the shortage of condoms as well.

Africa's Largest Media Company Extends Its Operation Worldwide

South African largest media company, Naspers increases its U.S exposure. The company that has operated in 130 countries is ready to expand its service worldwide

Dec 03, 2015 3:26 AM EST

Petra and Ekapa Acquire De Beers Oldest Diamond Mine

Petra Diamond Ltd and Ekapa Minerals Pty have acquired De Beers oldest diamond mine in Kimberley. UK's Petra Diamond Ltd partners with South African's Ekapa Minerals Pty to buy the oldest mines of De Beers in South Africa.

Dec 03, 2015 3:01 AM EST

Fed adopts new rules to end 'too big to fail' notion on troubled banks

The Federal Reserve adopted new measures that would limit its ability to bail out big banks that are in trouble, which essentially means the government has to come to their rescue whenever they face crisis.

Dec 03, 2015 2:21 AM EST

November 2015 Subaru sale surpasses 2014's 500 million units sold milestone

Subaru sold 526,401 units through November this year, surpassing its 2014 milestone record 513,693 unit sales.

Dec 03, 2015 2:16 AM EST

Express Scripts offers cheaper $1 pill alternative to Turing's $750 per pill drug

Drug prescription firm Express Scripts Holding Co. found a way to offer a cheaper $1 alternative to Turing’s $750 a pill drug.

Dec 03, 2015 2:07 AM EST

Ford invests $1.3B to support production of 2017 Ford F-Series Super Duty

Ford will invest $1.3 billion in its Kentucky Truck Plant to support the production of its 2017 Ford F-Series Super Duty truck.

Dec 03, 2015 2:02 AM EST

Japan state-fund mulls picking stake in Sharp Corp

Japan state-backed fund is keen on acquiring stakes in Sharp Corporation for Yen 200 billion ($1.63 billion). Sharp Corp recorded Yen 50 billion operating loss for the first half of 2015. The LCD business unit of Sharp Corp is a major contributor to the losses. Sharp is planning to spin off LCD business unit and later it may consider stake selling, according to media reports.

Dec 02, 2015 10:53 PM EST

Spotify is now the number one music streaming service globally

Spotify is now the world's most popular streaming music service, according to a new report from app analytics firm App Annie. The report also disclosed that Spotify has defeated ts biggest competitor; Pandora in terms of active users, downloads and revenue.

Dec 02, 2015 10:44 PM EST