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Volkswagen credit spreads rose despite pollution controls evasion

Volkswagen is proven of deceiving EPA in regards with its car emission levels forcing the agency to officially charge the German automaker what is due them. VW's credit spreads widened the fact it faces a maximum fine of $18 billion.

Sep 23, 2015 02:33 AM EDT


Tsipras to push bailout package, hike taxes

Soon after coming back to power for the second time in lthe same year, Alexis Tsipras is making measures that support the third round of euro 86-bn baiklout package. He inducted two baikout negotiators into the government economic team. Barring two parties, remaining all the parties are supporting the bailout package.

Sep 23, 2015 02:26 AM EDT


Volvo is developing Project ROAR; a robot that would collect your trash

Volvo teamed up with tech universities to develop the Project ROAR. It is a robot that discreetly collects the trash in the garage. ROAR would begin testing in June with Renova.

Sep 22, 2015 06:30 PM EDT


Fujifilm released new instant camera with a twist

The new instant camera by Fujifilm brings back the old wide film shot providing user with a better panoramis picture. The new camera also comes with a retro design during the time when Polaroid was still making its camera.

Sep 22, 2015 06:24 PM EDT


Apple's iOS App Store Gets Invaded By 'XcodeGhost'

First time in history that Apple's iOS App Store got attacked by several malicious software reaching to more than 300. XcodeGhost as it was called penetrated into Apple's technical defenses causing confusion and technical problems.

Sep 22, 2015 06:20 PM EDT


China President calls for punishing cyber hackers

China President Xi Jinping ahead of his US tour called for punishing the cyber hackers, while making it clear that his government doesn't engage in hacking. Our government wouldn't support Chinese companies engaged in such activity, Jinping said. Meanwhile, US National security advisor issues a warning to China for stopping state-backed cyber theft. The issue of cyber crime is likely to be main topic of disuccsion at the crucial meeting between Obama and Jinping.

Sep 22, 2015 06:18 PM EDT


Apple Inc. targets Project Titan's shipment in 2019

Apple is pushing Project Titan to be ready in 2019. Current development includes adding 1200 employees to the team and having discussions with the DMV about autonomous car laws.

Sep 22, 2015 09:50 AM EDT


Decline in drilling, oil prices up

The drop in oil inventories and shut down in drilling activity for the past 3 weeks have pushed oil prices upwards. Oil crude rose 4.5% to $46.68 per barrel and US Brent price rose $48.91 a barrel on Monday.

Sep 22, 2015 06:13 PM EDT


Australian banks close 13 bitcoin firms' accounts

Four Australian banks have closed down the accounts of 13 bitcoin firms following the stricter norms on anti-money laundering and terrorism finance. The Australian banks have already sent letters to 17 more bitcoin firms stating that their accounts will be closed down.

Sep 22, 2015 10:10 AM EDT


Broadband spread in SA unplugs 'video on demand' biz

With spreading of fibre optic broadband network in South Africa, many video on demand service providers are entering the market to explore the untapped potetnial. Already five companies launched their video on demand services. US video streaming giant Netflix may also enter the makret very soon.

Sep 22, 2015 10:09 AM EDT


Bug delays Apple watchOS 2 software update

Many Apple Watch users are definitely excited to download the new operating system but to their disappointment the release was pulled out by Apple citing a critical bug that could cause huge technical problems. Apple Watch users have to wait for the notice on when it is already safe for the new software to download.

Sep 22, 2015 08:37 AM EDT


Brazil to host its own Internet high-speed exchange point away from the U.S. - Telebras

Brazil will install its own submarine cable starting 2017. It would boost the country's Internet speed and would avoid the U.S. secret surveillance.

Sep 23, 2015 04:33 AM EDT


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