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China raises counterfeiting to the next level with a fake Goldman Sachs

Everyone has heard of fake designer bags, earrings and watches but faking Goldman Sachs is an entirely new level of counterfeiting.

Aug 31, 2015 02:47 AM EDT


Uber Closing In on $1B Fundraising Campaign

Uber China draws near the closing of its $1B campaign for expansion plans. Investors have decided to fund Uber and raise its valuation to around $7.5 billion.

Aug 31, 2015 02:45 AM EDT


Out of the box: Instagram update allows users to upload landscape and portrait photos and videos

The most recent update of the ever popular photo-sharing app now lets users upload their videos and photos in portrait and landscape modes.

Aug 31, 2015 02:43 AM EDT


Italian oil explorer Eni discovers 'supergiant' gas field off Egyptian coast

It appears that a supergiant gas field was recently discovered in an Egyptian coast by an Italian oil group called ‘Eni’.

Aug 31, 2015 02:06 AM EDT


Make Good Fortune Flying your Drones

Your drone can give you great fortune, that is if you know how to fly your drone and comply with the rules. You can make money flying your drone.

Sep 02, 2015 03:14 AM EDT


U.S. ITC terminates Microsoft patent infringement case filed by InterDigital Inc.

U.S. International Trade Commission halts importation ban of Microsoft devices, rejecting the patent infringement filed by InterDigital Inc. eight years ago.

Aug 31, 2015 01:46 AM EDT


Mobile TeleSystems tied up with Google for a voice command mobile internet service in Russia

MTS, the leading network provider in Russia had teamed up with Google Inc. to incorporate Google Now voice command app on Android devices available on MTS stores. MTS would share revenues with Google on promotions and advertising.

Aug 31, 2015 01:41 AM EDT


Business groups disappointed over new Federal labor ruling that gives contract workers more bargaining power

The National Labor Relations Board had issued a new standard in labor force unionizing minimum wage workers under the service sector. This means companies and subcontractors handling them will be responsible over wages and working conditions. Businesses opposed the new ruling asserting it will increase labor cost in America.

Aug 31, 2015 01:29 AM EDT


Ashley Madison founder and CEO steps down

Ashley Madison founder Noel Biderman stepped down as Avid Life Media CEO. Temporarily, its board members will manage the company.

Aug 31, 2015 01:20 AM EDT


Tech companies are next targets for overtime pay cases - Oakland Labor Lawyer

Lawyer Bryan Schwartz recently won a settlement from the Bank of America worth $36 million for failing to pay employees the proper overtime rates. Schwartz said overtime cases will hit tech industries next.

Aug 31, 2015 12:12 AM EDT


Wall Street clocks biggest 2-session surge since 2008 crisis

The rebound on Wall Street has wiped out half of the losses it suffered during the worst crash ever since 2008 crisis. The market recovery on Wednesday and Thursday helped Dow Jones, S&P 500 and Nasdaq post gains of over six percent.

Aug 30, 2015 11:55 PM EDT


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