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Mobile apps are more utilized than TV

Mobile apps give a lot of benefits in more ways than one. You will never miss out on your favorite show or favorite basketball or football game because you can now watch it just by using your phone.

Sep 16, 2015 02:21 AM EDT


GE Digital aims to be among global top-10 by 2020

Global industrial giant GE has set up a new unit 'GE Digital' to take on Industrial Internet of Things. GE aims to transform the new unit to be among global top-10 by 2020. The new unit will integrate software center, knowledge of its global IT teams and industrial security expertise of Wurldtech.

Sep 16, 2015 11:08 AM EDT


President Obama announced changes on FAFSA to help students complete applications on time

U.S. President Barack Obama announced some changes on the Free Application for Federal Student Aid or FAFSA. This is to help students and families to rapidly process financial aid required by most colleges and universities.

Sep 16, 2015 02:20 AM EDT


Microsoft to reveal latest devices for Windows 10 ecosystem on Oct. 6 in New York City

Microsoft Corporation invites press people for the launching of its newest devices that will run across the Windows 10 ecosystem. The event will be on October 6 in New York City.

Sep 15, 2015 12:38 PM EDT


NY regulator, 4 banks agree on Symphony messaging

The New York State's Department of Financial Services has involved a consortium comprising 14 banks on Symphony messaging services. Towards this, Bank of New York Mellon, Deutsche Bank, Credit Suisse and Goldman Sachs have reached an agreement with the NY regulator.

Sep 15, 2015 12:38 PM EDT


UniCredit to slash 7% workforce in cost-cutting drive

Italian banking major UniCredit is downsizing its workforce as part of its cost cutting measures. The bank is expected to slash 7,000 jobs mostly in Italy, Germany and Austria. However, the total number of job cuts is likely to reach 10,000 level. Low interest regime is impactign the bank's performance.

Sep 15, 2015 10:11 AM EDT


Kuwait's telecom giant Zain dials in margin push investment

Kuwait telecom major Zain has decided to invest in technology firms that add valued to its services. The telecom company is focusing on online ads, smart city projects, and television services. It has decided to repackage its data services to enhance revenues.

Sep 15, 2015 10:06 AM EDT


Ex-Hyundai CEO John Krafcik joins Google Self-Driving Car project as chief executive

John Krafcik, a former boss from Hyundai Motors, and the current president of TrueCar was hired by Google to serve as the company's CEO on its self-driving car project.

Sep 15, 2015 10:02 AM EDT


Fiat Chrysler CEO skips auto show, continues talks with UAW

Sergio Marchionne, Chief Executive of Fiat Chrysler Automobiles (FCA), has decided to drop his participation in the Frankfurt auto show as FCA is leading the labor talks with United Auto Workers (UAW).

Sep 15, 2015 10:09 AM EDT


Google, Twitter teaming up to create new publishing tool

Google and Twitter are joining forces to create a new publishing tool for mobile users, according to reports. Initially dubbed as "accelerated mobile pages," the news platform will be the tech giants' answer to Facebook's Instant Articles.

Sep 15, 2015 10:08 AM EDT


Nintendo named Tatsumi Kimishima as the new president

Nintendo had appointed a new president following the death of Satoru Iwata two months ago. It was unexpected that the company picked Tatsumi Kimishima from Nintendo's Human Resources Division. But Kimishima had served in various departments before he was appointed to the role.

Sep 15, 2015 10:01 AM EDT


BHS secures GBP 65M loan for a 2-year turnaround lifeline

The ailing BHS has secured a loan for its revival plan. It'll use the funds to strengthen business operations, open new stores and rebrand itself from BHS to British Home Stores. Recently BHS was sold to a group of financiers.

Sep 14, 2015 09:55 AM EDT


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