Audi, Somerville working on infra supporting self-parking cars in 'two to three years'
Audi is working with Somerville, Massachusetts to develop an infrastructure with a technology that could support self-parking cars.
Nov 19, 2015 2:56 AM EST
Salesforce Q3 profit beats forecast
Salesforce has adjusted its third quarter profit that surpassed forecasts. Encouraed wtih improving operating margins, the cloud-based software maker has increased its forecast for the year ending January 2016. The increasing demand for cloud software is enhancing company's financial performance.
IBM Watson Trend App forecasts trend products for holidays
IBM launched an app to predict trending products on holidays, called IBM Watson Trend App. The app helps the consumer to find out the hottest products for holiday gifts.
Kurdistan bypasses Baghdad; looks to more buyers for oil
Kurdistan Regional Government (KRG) is bypassing Baghdad to continue oil exports independently. After waiting for its righteous share in budget allocations, KRG has decided to go ahead with oil exports on its own. It's taking several measures to avoid Baghdad's detection in oil exports.
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Construction scandal in Tokyo hits property sales
The data manipulation pertaining to piles' strength has been creating tremors in the Tokyo's apartment market. The ongoing probe into 546 projects is impacting the market as buyers prefer to wait and watch until total clarity emerges. Some developers have even postponed their apartment sales.
Nov 19, 2015 1:40 AM EST
Metals prices soften on slump in Chinese consumption; Zinc at 6-year low
The metals prices are dropping continuously owing to bleak demand in the China's market, the world's biggest consumer of metals. The metals prices fell to 2010 level low while zinc is trading at a six-year low. The slump in China's commodity market is also causing an oversupply.
Nov 19, 2015 1:27 AM EST
Android users’ loyalty fell after a new iPhone launched
Ericsson published a report of a research examining customer's loyalty to smartphone brands including iOS, Android, and Windows phones. The report showed that Android users have a higher loyalty than iPhone users until a new iPhone is launched.
Nov 19, 2015 1:13 AM EST
Bomb Threat Enforce Two Air France Flights To Be Diverted
Two Air France flights bound for Paris were diverted after bomb threat this Tuesday. One of the plane was landed in Salt Lake City, Utah and another one in Halifax.
Nov 19, 2015 12:22 AM EST
Activist investor Carl Icahn sells eBay shares in favor of PayPal
Billionaire activist investor Carl Icahn swapped his entire equity stake in eBay for the same number of shares in PayPal Holdings in the third quarter.
Nov 18, 2015 11:21 PM EST
China to Create Single-Regulator After Market Crash
After an unexpected market crash in June, China is planning to increase its financial security by creating one single regulatory body.
Nov 18, 2015 11:01 PM EST
Major Differences: iPad Pro uses mobile operating system, while Surface Pro 4 uses desktop operating system
The major difference between Apple's iPad Pro to Microsoft's Surface Pro 4 is one uses a desktop operating system, while the other uses a mobile operating system.
Nov 18, 2015 10:39 PM EST
China Vanke uses robots to work to solve issues on rising wage bills, labor shortage
China's biggest property developer is using robots to solve labor shortage and increasing wage bills.
Nov 18, 2015 10:30 PM EST
Gogoro Smartscooter to launch in Amsterdam
Taiwanese startup Gogoro will expand its Smartscooter sales in Amsterdam after launching a few months ago in Taipei. The company has raised $130 million funding for the expansion.
Nov 18, 2015 9:34 PM EST
T-Mobile offers free video streaming; Sprint restructures
Two U.S. carriers steal attention this week: T-Mobile offers free streaming videos while Sprint plans company restructuring that would involve some job cuts.
Nov 18, 2015 9:29 PM EST
DOJ files charges against dietary supplements makers and marketers
The Justice Department announced Tuesday that it filed criminal and civil enforcement charges against 117 companies and individuals involved in illegally marketing dietary products.
Nov 18, 2015 9:17 PM EST
Federal Reserve President William Dudley warns of higher possibility for rate hike
New York Federal Reserve President William Dudley signals that a Fed rate hike by December is most likely going to happen.
Nov 18, 2015 9:04 PM EST
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