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Twitter reveals diversity goals for 2016

Twitter reveals to the world its diversity goals for 2016 that included increasing women and colored people.

Aug 31, 2015 2:54 AM EDT

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Virginia TV Shooting Shakes News Crews

The shooting of two journalists during a live shot has planted anxiety and fear among news crews. Although experts claim that there won't be an extensive shrinking in live reporting, rumors say that some stations are trying to restrict doing remote live reports for the mean time.

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China raises counterfeiting to the next level with a fake Goldman Sachs

Everyone has heard of fake designer bags, earrings and watches but faking Goldman Sachs is an entirely new level of counterfeiting.

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Uber Closing In on $1B Fundraising Campaign

Uber China draws near the closing of its $1B campaign for expansion plans. Investors have decided to fund Uber and raise its valuation to around $7.5 billion.

Out of the box: Instagram update allows users to upload landscape and portrait photos and videos

The most recent update of the ever popular photo-sharing app now lets users upload their videos and photos in portrait and landscape modes.

Aug 31, 2015 2:43 AM EDT

Italian oil explorer Eni discovers 'supergiant' gas field off Egyptian coast

It appears that a supergiant gas field was recently discovered in an Egyptian coast by an Italian oil group called ‘Eni’.

Aug 31, 2015 2:06 AM EDT

U.S. ITC terminates Microsoft patent infringement case filed by InterDigital Inc.

U.S. International Trade Commission halts importation ban of Microsoft devices, rejecting the patent infringement filed by InterDigital Inc. eight years ago.

Aug 31, 2015 1:46 AM EDT

Mobile TeleSystems tied up with Google for a voice command mobile internet service in Russia

MTS, the leading network provider in Russia had teamed up with Google Inc. to incorporate Google Now voice command app on Android devices available on MTS stores. MTS would share revenues with Google on promotions and advertising.

Aug 31, 2015 1:41 AM EDT

Business groups disappointed over new Federal labor ruling that gives contract workers more bargaining power

The National Labor Relations Board had issued a new standard in labor force unionizing minimum wage workers under the service sector. This means companies and subcontractors handling them will be responsible over wages and working conditions. Businesses opposed the new ruling asserting it will increase labor cost in America.

Aug 31, 2015 1:29 AM EDT

Ashley Madison founder and CEO steps down

Ashley Madison founder Noel Biderman stepped down as Avid Life Media CEO. Temporarily, its board members will manage the company.

Aug 31, 2015 1:20 AM EDT

Tech companies are next targets for overtime pay cases - Oakland Labor Lawyer

Lawyer Bryan Schwartz recently won a settlement from the Bank of America worth $36 million for failing to pay employees the proper overtime rates. Schwartz said overtime cases will hit tech industries next.

Aug 31, 2015 12:12 AM EDT

Donald Trump still undecided to sign South Carolina's Republican Party pledge

Presidential billionaire candidate Donald Trump is yet to decide whether to sign the South Carolina Republican Party pledge, but the SC insists on it. Seems that Trump will gain votes as he had presented policy proposals to revive America.

Aug 30, 2015 11:58 PM EDT

Wall Street clocks biggest 2-session surge since 2008 crisis

The rebound on Wall Street has wiped out half of the losses it suffered during the worst crash ever since 2008 crisis. The market recovery on Wednesday and Thursday helped Dow Jones, S&P 500 and Nasdaq post gains of over six percent.

Aug 30, 2015 11:55 PM EDT

Is it the end of contract employment? Controversial NLRB Ruling makes companies responsible for violations made by contractors

The National Labor Relations Board (NLRB) made the biggest decision giving a ruling Thursday that companies can be liable for the labor violations done by their contractors and franchisees, which may end contract employment.

Aug 30, 2015 11:46 PM EDT

Donald Trump favors higher tax rate on rich, hedge funds

Republican Presidential candidate Donald Trump favored high taxes on rich and hedge funds. While asuring lower tax for middle class and other working people, Trump said he would stop corporate inversion that's costing Amercia trillions of dollars.a

Aug 30, 2015 11:38 PM EDT

Decline in revenues forces Caterpillar Inc to cut 475 jobs further

Caterpillar Inc has decided to further reduce its employess by 475 following decline in revenues. The sluggishness in global construction and mining sectors is impacting the heavy machinery manufacturer's performance.

Aug 28, 2015 8:02 AM EDT