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Barclays New Chairman McFarlane Fires CEO Anthony Jenkins due to poor performance and organizational rift

Barclays Chairman McFarlane who joined the company in April announced the canning of CEO Jenkins. The decision was reportedly due to bank's performance under Anthony Jenkins.

Jul 09, 2015 10:20 AM EDT


Citibank Is Working On Its Own Digital Currency, Citicoin Proposing U.K. Government To Run Its Own Digital Cash

Citibank is currently working out on a new digital currency called Citicoin which is also similar to Bitcoin. Though the company is proposing countries, U.K. in particular to provide its own digital cash.

Jul 09, 2015 9:34 AM EDT


HTC posts losses for 2nd Quarter 2015; Company stock drops to lowest point as it competes in mid-tier smartphones race

HTC predicts losses of $166 million for the second quarter of 2015, after several months of positive gains. Mid-tier smartphone competiton is considered a major factor in the upcoming loss.

Jul 09, 2015 9:01 AM EDT


Amazon introduces Cloud Drive app for iOS devices, iPhone and iPad users gets limited access to hosting serivce

Amazon has introduced an app for their Cloud Drive online storage service for iOS devices. iPhone and iPad users gets access to service file hosting service with limited function.

Jul 09, 2015 8:36 AM EDT


Waze starts carpooling scheme in Tel Aviv; rep says scheme is not in competition with Uber

Mapping provider Waze has started a ridesharing scheme in a suburb of Tel Aviv, which the company says is not in competition with Uber,

Jul 09, 2015 8:24 AM EDT


China Stock Falls Down Over Two Weeks Despite The Series of Emergency Measures To Avoid It From Crashing

For two consecutive weeks, China is still reviving its deteriorated stock market despite a series of attempts for it to survive. Authorities in China are still silent about it.

Jul 09, 2015 7:50 AM EDT


Clear Channel Partners With Google To Bring iHeartRadio To Your Car With Android Auto

Clear Channel joined Google to bring internet radio streaming to your automobiles via iHeartRadio. Now you can play iHeartRadio on Android Auto without draining your devices.

Jul 09, 2015 7:35 AM EDT


The Hyperloop is the closest thing to teleporting and it might soon come to life

Deemed a rather outlandish concept when it was proposed in 2013, the Hyperloop has continued to thrive, propelled by two giant companies that have slowly but steadily acquired investors and are now preparing for possible groundbreaking next year.

Jul 08, 2015 10:04 PM EDT


LG G4: The Best all-round Android Flagship Smartphone, touts LG

LG Electronics announces to launch LG G4 Note and LG 4 Pro, successors to the last year’s G3. The company touts it to be an all-round Android cell phone.

Jul 08, 2015 4:41 AM EDT


Twitter unveiled its much-awaited Mobile Ads Manager; makes you track ads on the go

Twitter officially rolled out its much-awaited mobile ads manager to facilitate online advertisers in tracking their ad campaigns, impressions, optimizing budget and a lot more.

Jul 08, 2015 4:25 AM EDT


Apple Watch OS 2 Is Coming, Users Soon to Get Faster and Smarter Apps

Apple Watch's launch has been eagerly anticipated all over the world, but its dismal function due to its strong reliance to an iPhone connection hinders it from achieving its full potential. However, with the upcoming Apple Watch update, users are promised a more outstanding experience through native apps.

Jul 08, 2015 3:55 AM EDT


BMW ushers in Future eDrive Experience with Hydrogen-Powered 5 Series GT

BMW takes another leap in the futuristic automobile market with its Hydrogen-Powered 5 Series GT. BMW seem to be emerging as a leader in tackling the challenges of meeting the ever-increasing demands for alternative auto fuel sources.

Jul 07, 2015 10:44 PM EDT


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