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Adidas to release 3D-printed shoes

The future of personalized footwear has gotten a lot more interesting thanks to a recent update from Adidas revealing their plans to use 3D Printing technology to create a series of running shoes that will be the first of its kind.

Oct 09, 2015 3:39 AM EDT


Sony to divest stake in Sony/ATV Music

Sony Corporation's subsidiary Sony Music owns 50% stake in Sony/ATV Music Publishing. Sony Corporation is planning to sell its stake in Sony/ATV. As per the joint venture agreement, one partner can buy out another. The valuation of Sony/ATV is estimated to be $2bn.

Oct 09, 2015 3:37 AM EDT


Amazon rolls out new service: 'Amazon IoT'

The US-based online retailer Amazon has launched new service 'Amazon IoT,' which enables users to develop applications from any internet-connected devices.

Oct 09, 2015 3:35 AM EDT


Jails get more public funding than schools in 11 US states

The American Academy of Arts and Sciences released a recent report detailing where most of the people's money were being put into, which revealed that 11 of the states in America are spending more on prison institutions than on higher education.

Oct 09, 2015 3:26 AM EDT


Norwegian Airline CEO sees $69 airfare for one way US-Europe trip

Airfare from Europe to the US can be as low as $69 on one way by 2017, predicts CEO of Norwegian Airline. Flying to the US airports that have low fees can bring down costs considerably as business airports charge higher fees.

Oct 08, 2015 9:41 PM EDT


Amazon infuses $190M into India operations

Amazon has invested $190mn in India operations taking the total funding to $460mn in less than one year. Amazon Seller Services, Amazon's Indian arm, will allocate equity shares to the US parent company as part of fund raising.

Oct 08, 2015 9:28 PM EDT


Major US banks account for 20% of debts in Glencore

The latest data is indicating exposure of four US banks to embattled Glencore to the tune of 4350mn apiec giving a 20 percent combined contribution to the total debt of the Swiss commodity giant. The four US banks will have tough time ahead of their quarterly results announcement as they receive enquiries about exposure during earnings calls. The slump in commodities market has taken a toll on Glencore.

Oct 08, 2015 9:21 PM EDT


Uber invested $1 billion for its China operation

Uber announced that the company has increased its investment in China to be closed to $1 billion. The investment is mainly for applying a permit and as a strategy to increase the company's market domination which is currently dominated by Chinese own Didi Kuaidi.

Oct 08, 2015 8:58 PM EDT


Cracks at the Glass Suspension Bridge In China Cause Visitors to Panic

The newly opened suspended glass bridge at the Mountain of Yuntai in China cracks causing visitors to panic in fear. The said glass bridge is temporary close after the incident.

Oct 08, 2015 10:14 AM EDT


Finnair Receives its First Airbus A350, Finland's flag Carrier Considered as the First European Airline to fly the Aircraft type

Finnair received its first Airbus A350-900 delivered from the Helsinki-Vantaa airport. The Finland's flag carrier is now the first airline in Europe to fly the aircraft type. The said airline is expecting to receive 19 new aircrafts through 2019.

Oct 08, 2015 10:04 AM EDT


Jennifer Aniston on the Newest Emirates Airlines Commercial, Actress offered $5 million contract by the Airline Company

American actress Jennifer Aniston stars on the newest commercial of the world's largest international airline, Emirates Airline. The "Friends" alum reportedly was offered $5 million contract last August for the commercial in TV and print ads.

Oct 08, 2015 10:02 AM EDT


Paris Police Authorities Increasing their Security Dealing Pickpocket Preying Tourists

The Paris Police had increased their patrol unit officers at the tourists locations in Paris such as Eiffel tower, Louver Museum and major stores in order to catch pickpocket criminals targeting tourists. It has been a problem in some of the Paris' famous tourists locations.

Oct 08, 2015 9:49 AM EDT


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