Even though Microsoft said earlier in October that the rollout of Windows 10 Mobile to existing Windows Phone 8.1 users would start in December, the company is now delaying the upgrades to early 2016.

Dec 21, 2015 09:13 AM EST

Strengthened by software revenues, BlackBerry was able to reduce is losses during the third quarter. Beating the forecasts, the Canadian company posted a marginal loss of revenues. The timely decision of investment in security and software has been successful in enhancing revenues.

Dec 21, 2015 09:04 AM EST

Scientiest found significant amount of mercury in the fog surrounding California Coast. The amount is harmless to human but a bad news to food chain.

Dec 21, 2015 08:37 PM EST

GlaxoSmithKline has acquired the HIV research business of Bristol-Myers Squibb for $1.46 billion.

Dec 21, 2015 08:10 AM EST

LifeLock, the identity theft protection company has to pay $100 million settlement over its false advertising and violation of previous settlement..

Dec 21, 2015 07:27 AM EST

Mars issued allergy alert for its Dove Chocolate Assortment Snowflake on December 18, due to undeclared peanuts, wheat and egg ingredient.

Dec 21, 2015 02:46 AM EST

Toshiba is considering a restructuring plan to overhaul it loss-making businesses. The Japanese electronics major is said to have overstated profits for seven years and now forecast to report $4billion net loss. The company is struggling from the impact of an accounting scandal and may sell some units and stakes in some business.

Dec 21, 2015 09:02 AM EST

The startup Lumoid offers the latest gadgets rental service for affordable prices. Founded in 2013, Lumoid rents a number of latest products including digital cameras, wearable technologies, drones, and audio devices.

Dec 21, 2015 08:57 AM EST

Myanmar Beer Ltd (MBL) is facing stiff competition from foreign brands for its local Myanmar Beer and other four products. Encouraged with robust sales volume, Denmark and Dutch brands are enhancing their brewing capacities in Yangon. Myanmar Beer Ltd is also gearing up to meet the competition and has taken up a restructuring plan. It is focusing on innovation and new products as part of the overhaul exercise to win over new customers.

Dec 21, 2015 08:44 AM EST

James Packer, an Australian billionaire, has left the board of Crown Resorts Ltd as Chairman. Crown Resorts is suffering from a drop in gambling revenues in Macau. Packer will continue as co-Chairman of Crown Resorts. Packer has decided to focus on development projects in the US and Australia.

Dec 21, 2015 03:51 AM EST

The US gasoline average retail price slips below $2 per gallon as oversupply position in the global energy sector continued. The gasoline price at $1.999 per gallon is indicating its lowest in over six years. The US economy is witnessing a rare combination of falling price and rising demand. The recent decision by Opec not to reduce production level is keeping more pressure on global oil price.

Dec 21, 2015 03:47 AM EST