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NY Times faces second Twitter indiscretion made by staff member

After a Twitter post that has been deemed by many as "profane" and "inappropriate", New York Times staffer Philip Richardson was reprimanded by the public, and most likely by superiors, for a social media post that sent an F-bomb to Republican presidential candidate Jeb Bush.

Oct 19, 2015 11:01 AM EDT


Tesla launched autopilot system for Model S and Model X SUVs

Tesla Motors unveiled the autopilot system on the new Model S sedans. The company will provide an upgrade of the system on vehicles manufactured after September 2014.

Oct 16, 2015 07:41 AM EDT


Oculus Story Studio Introduces a New Fuzzy Character for Oculus Rift

Oculus Story Studio has released a new virtual reality movie for the Oculus Rift featuring a charming quill-covered animated character, Henry the hedgehog.

Oct 16, 2015 02:14 AM EDT


Russia's military campaign in Syria propels oil prices

Russian president's military activity against Syria slightly raised the price of oil in the world market. According to some this is what he really wants and the bombing campaign in Syria is intended for the west-backed rebels seen as a threat to the Russian ally regime and Syrian President Bashar al- Assad.

Oct 16, 2015 05:58 AM EDT


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.

Oct 19, 2015 02:06 AM EDT


50,000 Point Chase Hyatt Visa: Better than two free nights for public offer?

Hyatt allegedly offers targeted offers for the Hyatt Visa Signature Credit Card for 50,000 Gold Passport points. But many cardholders claim that the best deal of the hotel is the targeted offers compared to the public offers.

Oct 16, 2015 07:36 AM EDT


Stock market volatility forces Albertsons to delay IPO

Just a couple of hours after CNBC released Albertsons Companies' intent of rescheduling their IPO due to market volatility, the news website has now made another recent update detailing Albertsons' plans on conducting their IPO before Thanksgiving.

Oct 16, 2015 01:55 AM EDT


Brookfield's $6.5-bn Asciano bid in regulatory fiasco

The $6.5-bn acquisition offer to Asciano Ltd by Brookfield Infrastructure Partners is landed in trouble as the Australian regulator seeks an extensive review following the concern raised by the country's competition watchdog. It postponed its decision till 17 December.

Oct 16, 2015 01:26 AM EDT


Anheuser-Busch InBev's takeover of SABMiller to realign global beer industry

Anheuser-Busch InBev's plan to acquire SABMiller Plc is expected to change the business dynamics in the global beer industry. This titanic takeover is considered to be the largest one this year and fourth largest takeover in the corporate history. Anheuser-Busch InBev is acquiring SABMiller for $104.2 billion. The deal is awaiting regulatory approvals.

Oct 15, 2015 10:56 PM EDT


Square Files for IPO despite of $77.6 million loss

Square Inc. had filed for an IPO on Wednesday and the company is expected to be listed on NYSE soon. The company is currenlty valued at $6 billion by analysts.

Oct 16, 2015 01:21 AM EDT


AltaGas LNG export plans on hold over import tax dispute

AltaGas Ltd has put its investment plan of C$600 million ($464mn) on hold over an ongoing dispute over tax on imported equipment. AltaGas has drawn a plan to export liquified natural gas (LNG), but couldn't take it forward as it's involved over a tax dispute with government. AltaGas expects a positive decision from government next month.

Oct 15, 2015 10:33 PM EDT


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