Google's OnHub promises better Wi-Fi
At this point, Google's OnHub is out on stores. It is a wireless router which costs $200. There are speculations that Google made it to connect devices under Google Weave; the Internet of Things.
Sep 01, 2015 11:30 PM EDT
China manufacturing woes continue: PMI index slips below 50 pts
The slowdown in Chinese manufacturing sector continued in August pushing the PMI below 50 level, which indicates the deceleration in the industry. The drop in orders for new work and export demand is the major reason for dip in manufacturing industry's output.
Google lets Android Wear smartwatches work with iPhones
Google latest smartwatch will hit the market and it will be compatible with iOS. As for now, LG smartwatch, the Watch Urbane, is the only smart watch that is compatible with iOS.
Europe is far behind in its electronic waste recycling target
Europe did not even reach half of its initial goal to effectively recycle 85 percent of its electronic wastes, study says. It is in European law to recycle electronic wastes or objects that come with a battery or plug.
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Around 200 people arrested in China for spreading stock market rumors
Chinese authorities arrested 197 people for spreading rumors that can lead to troubles. The rumors they have spread included a man jumping to death in Beijing because of the drop in stock market.
Sep 01, 2015 9:40 PM EDT
Tesco plans to sell Iron Maiden's The Book of Souls in vinyl
Big supermarket chain Tesco has long been selling records but recently, it plans to add a more modern format into their offered products.
Sep 01, 2015 9:35 PM EDT
Walmart reduces working hours at some stores after raising pay, thus raising cost
Walmart cuts working hours on 4,600 stores. Reports said this is due to Walmart's $1B lost when the retail company increases its workers' wages last April.
Sep 01, 2015 5:18 AM EDT
Athens goes for gas grid privatization
Greece is in favor of selling stake in energy grid to Azerbaijan government company. This is subject to the outcome of general elections and clearence of third round of bailout package. Greece aims to be energy transport hub for eastern European nations.
Sep 01, 2015 5:09 AM EDT
Alibaba Pictures lost $24M in first semester amid twists and turns
Alibaba Pictures Group, the film-making unit of the Chinese e-commerce giant, announced Friday that it lost 151.8 million Yuan ($24 million) in the first half of 2015.
Sep 01, 2015 4:38 AM EDT
Formula One Teams Burn up $300 Million of Debt, 64.2% from Lotus
10 F1 teams are under a total $300 million worth of debt, with Lotus accounting to 64.2% of the debts. Just last month, Lotus was ordered by the courts to pay almost £600,000 of debts. This was after it failed to pay 27 of its bills.
Sep 01, 2015 4:35 AM EDT
The US stocks turn attractive on lower PE ratios
After the market downfall, many US stocks turn attractive as they're no more over prices equities. The lower PE ratios make it attractive for investors.
Sep 01, 2015 4:28 AM EDT
Disney knows The Force is strong with Star Wars merchandise as it plans to push sales
Disney will aggressively promote its Star Wars merchandise using YouTube’s “unboxing” platform and ABC to hype up fans for the upcoming movie.
Sep 01, 2015 4:04 AM EDT
Boeing flexes its muscle to control supplier power
Warren Buffett's acquisition of Precision CastParts Corporation had urged other investors to bet on commercial aircrafts. On the other hand, Boeing Company, the aviation giant is evidently delaying transactions of its suppliers' merging and acquisition deal.
Sep 01, 2015 3:33 AM EDT
Japan inflation weakens consumer purchasing power in July
Consumers spent less on primary commodities due to inflation rate. With unemployment that is still present Japanese thinking twice how to spend their money wisely.
Aug 31, 2015 10:03 AM EDT
Pentagon taps Boeing, Apple, Harvard to develop wearable tech for soldiers
The Pentagon gave $75 million to a consortium of giant tech and research company to create the next level wearable tech.
Aug 31, 2015 9:54 AM EDT
Uber hires 2 hackers to secure its fleet
Uber has recently hired two other technical experts in the person of Chris Valasek and Charlie Miller. Both will be working on Uber's Advanced Technology Center, which will work on vehicle safety and autonomy as well as mapping.
Aug 31, 2015 4:55 AM EDT