Coke and Pepsi can still use 'diet' on labels and ads
The FTC declined the Right To Know's request for soft drinks manufacturers to stop using the word 'diet' in their labels as they see it as a misleading advertisement. These drinks contain sugar substitute which is proven to gain weight, not to lose weight.
Oct 19, 2015 2:31 AM EDT
Amazon Destinations never made it far; halted 6 months after launch
Amazon Destinations, a hotel reservation service from Amazon.com shut down 6 months after launching.
First Data prices IPO at $16 per share: Highest for 2015, Lower than expected
First Data went public at $16 per share, the biggest this year, but is lower than the expected $18 to $20 per share.
President of Indonesia to Visit Silicon Valley’s tech giants on US trip
Indonesian president, Joko Widodo, known as Jokowi in his country, is scheduled to visit US's giant tech companies during his first trip in United States. The trip will be started on October 26 and it will be a five day trip full of bilateral business agenda.
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Silicon Valley IPO market logging off fast
The renewed concerns about possible technology bubble burst in the wake of the IPO market in Silicon Valley is fast losing its sheen. The dwindling down of market valuations is forcing many companies to cancel their IPOs or post pone the issue dates this is affecting the US capital market.
Oct 19, 2015 1:49 AM EDT
Bank of America posts profit for 4 quarters in a row
Bank of America (BoA) has posted positive numbers for the third quarter making its fourth consecutive quarter with profits. The Charlotte-based bank posted a net profit of $4.07bn for the third quarter. Despite its pedestrian performance in the third quarter ending September 2015, the bank has been able to post profits for the last four quarters.
Oct 18, 2015 10:31 PM EDT
Match Group Inc. will go public
Match Group Inc. owners of several popular dating website is planning to go public soon. The company ahd filed for its IPO under the Nasdaq Global Select Market and will be traded under that listing.
Oct 18, 2015 10:22 PM EDT
What can be expected on Google Play Store's newest update?
Google Play is getting a huge makeover making the page more user-friendly and easier to navigate. The news has not been released by Google but one of its Googler has released a sneak peak on what can be expected in the update.
Oct 18, 2015 10:12 PM EDT
Alibaba offers to privatized another Chinese company listed on the NYSE
Alibaba offers to buy YouTube like service provider, Youku Tudou in an offers worth $3.6 billion. The offer was confirmed and agreed by the company's chairman Victor Koo but investors agreement are still needed before the acquisition can be finalized.
Oct 18, 2015 10:01 PM EDT
Twitter's new ad tools unveiled
Twitter announced in their blog post that the company is introducing new tools for advertisers. The tools are expected to increase advertisers interest to advertise with Twitter as the company is struggling to increase its profit from advertisement.
Oct 18, 2015 9:42 PM EDT
Largest tech deal ever: Dell acquires EMC for $67 Billion
Dell Inc agreed to acquire data storage company EMC Corp for $67 billion on the biggest tech deal in the history on Monday this week. Dell vowed to play a more central role in technology used by corporations, as it tries to transform itself into a giant tech company.
Oct 18, 2015 9:24 PM EDT
American Apparel paints rosy picture after bankruptcy
American Apparel company forecasts robust demand after the bankruptcy turnaround. The US-based fashion chain is predicting more profitable years to come. American Apparel is known for its controversial sexual advertisements. In a filing to the US Bankruptcy court in Wilmington, Delaware, American Apparel said it would make a turn around and will record profits in 2018
Oct 18, 2015 9:23 PM EDT
Tesla releases Version 7 of automated steering software for Tesla S; Makes autopark and auto lane change possible
Tesla Motors released version 7 of the automated steering software, the new version of its "autopilot" software for Tesla Model S sedan. The automated steering software version 7 adds adds important new safety and convenience features.
Oct 18, 2015 9:23 PM EDT
2015 U.S. budget deficit down $439 billion, Treasury Department
The 2015 US budget deficit went down to $439 billion, the lowest it has been since 2008. This is a 2.5 percent decrease in gross domestic product.
Oct 17, 2015 10:28 PM EDT
Skift Global Forum 2015: The travel industry's secret weapon is putting emphasis to vacations
Executives in the travel industry talk about how to enhance their interaction with their guests. But, experts claim that it's the before and after effect which truly makes a difference on hotel stays and travel getaways.
Oct 17, 2015 10:13 PM EDT
Traveler Programs Update: Getting TSA Pre- Check for free
Travelers allegedly want to know how to avail TSA PreCheck for free. So they are now provided with traveler programs that would cost them less or for free.
Oct 17, 2015 10:04 PM EDT
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