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Pope urges US to act on climate change now

Pope Francis urges the United States to join a global campaign against climate change, making clear his position that global warming is moral issue that needs immediate action. The pope made the call during a welcoming ceremony at the White House, his first public engagement of his 6-day trip to the world's richest nation.

Sep 27, 2015 09:38 PM EDT


Motorola Solutions pruning costs to enhance profit

US-based telecom equipment provider Motorola Solutions is keen on cost cutting drive to enhance profitability of the company. The pressure on sales and market competition are impacting the company's performance. The continuous drop in gross margins is worrying the comapny.

Sep 24, 2015 09:25 PM EDT


Apple just released iOS 9.0.1 to fix the "Slide to Upgrade" bug

Apple just released a major update for its latest iOS 9 today, a week after around half of its users failed to update their devices due to a major bug problem. The update will fix not only "Slide to Upgrade" issue but also other problems reported by users that have been using the latest iOS.

Sep 24, 2015 09:18 PM EDT


Alexis Tsipras retains economic government to battle crisis

Greek Prime Minister Alexis Tsipras appoints the same people for his new economic team that would handle the biggest modern world crisis.

Sep 24, 2015 09:08 PM EDT


20 Active Job Listings with as much as 10 Percent Pay Raises Over the Year

Job and career website Glassdoor reported 20 active job listings that have undergone 3 to 10 percent salary increase from 2014 to 2015.

Sep 24, 2015 08:37 PM EDT


Facebook to Make Money from Messenger

Facebook may monetize how customers connect with businesses through its new Messenger app.

Sep 24, 2015 08:42 AM EDT


Instagram reached 400 million users with 80 million photos shared every day

Instagram had reached 400 million users with 80 million shared photos a day. The Facebook-owned company announced it on Tuesday.

Sep 24, 2015 08:21 AM EDT


5.6 Million U.S Federal Officers' Fingerprints were Stolen

OPM changes its statement saying that some 5.6 million fingerprints were stolen by hackers when they attack the agency last spring instead of 1.1 million. The stolen data involved U.S government officials including from Defense Department.

Sep 24, 2015 08:12 AM EDT


Zscaler raises $25mn from Google Capital to close $110-mn round

California-based cloud security firm Zscaler has closed $110-mn round of financing. It recently secured $25mn from Google Capital. After the latest round of financing, the estimated value of the company is pegged at $1bn. Zscaler is planning to public soon.

Sep 24, 2015 07:48 AM EDT


Volkswagen CEO steps down; US may slap $18B penalty

The latest scandal of Volkswagen in rigging emission norms results is rocking the Germany business and political factors. Volkswagen has taken up crisis management measures and its CEO Martin resigned and many more to follow the suit. The US environment protection agency may slap a hefty fine of $18bn on Volkswagen if its role in manipulating emission results is proved.

Sep 24, 2015 03:18 AM EDT


Boeing factory will soon land in China

A new Boeing factory will be opened soon in Zhoushan, China for its 737 jetliners. The submitted proposal still needs approval of the State Council as well as the China's cabinet to have the country do the painting of airline company's top-grossing jetliners.

Sep 24, 2015 02:38 AM EDT


Swiss Re to buy Guardian Financial Services for $2.45B

Swiss Re's Admin Re is buying the UK-based Guardian Financial Services for $2.45billion. The acquisition deal is expected to be complete by early next year. Admin Re will get 900,000 annuity and over four million policies in the UK after the acquisition.

Sep 24, 2015 02:16 AM EDT


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