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Samsung Galaxy S7 will have a Pressure-Sensitive Touch Screen With Retina Scanner

Samsung is going to launch a new Galaxy S7 with pressure-sensitive touch screen on March 2016. Samsung is going to launch a new Galaxy S7 on March 2016.

Dec 21, 2015 8:05 AM EST

News

US warns again Alibaba over selling counterfeit goods

Chinese e-Commerce major Alibaba Group has been served another warning letter by the US Trade Representative Office for selling counterfeit goods. The US officials in a latest report said that several brand owners were complaining about Alibaba Group for selling fake goods online. The US officials warned Alibaba that if it doesn't check the problem, it would be added to list of notorious markets for fakes.

News

Credit Suisse gets nod for Irish branch

As part of its restructuring plan, Swiss banking major Credit Suisse is setting up its branch in Ireland. It has received regulatory approval for opening its branch. The bank will move its 100 employees to Dublin from London office. It'll also slash 2,000 jobs.

News

Oil slips below $35 on worsening supply glut

Oil price fell further and was trading below $35 a barrel on worsening the oversupply. The latest decision by US Federal Reserve to hike interest rate is also making oil expensive for weaker economies. The surging US dollar is further putting pressure on oil price.

The New Apple TV with Microphone on Remote, Introduced by Siri Saves You $10

Apple has launched its new version of Apple TV with Microphone on Remote, introduces Siri. Apple has unveiled its new version of Apple TV with Microphone on Remote feature, introduces Siri.

Dec 21, 2015 7:43 AM EST

LifeLock Is To Pay $100 Million Settlement For Deceptive Advertising

LifeLock, the identity theft protection company has to pay $100 million settlement over its false advertising and violation of previous settlement..

Dec 21, 2015 7:27 AM EST

Researchers are developing robotic hand-worn to help the blind to “see”

Researchers at the University of Nevada and the University of Arkansas team up to develop a robotic glove-like device that can help the blind to recognize the objects around them. The researchers team received $820,000 of NRI grant to develop this technology.

Dec 21, 2015 6:00 AM EST

Ebola survivors may suffer various illnesses after they recovered from the virus

The recent study performed by the CDC researchers found that people who survived from Ebola virus have experienced various illnesses after they have recovered, including hair loss, joint pain, and eye problems.

Dec 21, 2015 5:56 AM EST

Tesla CEO Musk suggests California to push Volkswagen to electric cars

The automobile industry leaders and experts have written a letter to California regulator asking it to confine Volkswagen to making of electric vehicles only as a punishment for cheating the customers and violating the US emissions laws. Tesla CEO Elon Musk and others signed the letter. They opine that fixing the software involves lots of money and could also lead to technical problems further.

Dec 21, 2015 5:49 AM EST

Aussie billionaire James Packer quits board amid drop in gambling revenues in Macau

James Packer, an Australian billionaire, has left the board of Crown Resorts Ltd as Chairman. Crown Resorts is suffering from a drop in gambling revenues in Macau. Packer will continue as co-Chairman of Crown Resorts. Packer has decided to focus on development projects in the US and Australia.

Dec 21, 2015 3:51 AM EST

US gasoline slips below $2; at 6-year low

The US gasoline average retail price slips below $2 per gallon as oversupply position in the global energy sector continued. The gasoline price at $1.999 per gallon is indicating its lowest in over six years. The US economy is witnessing a rare combination of falling price and rising demand. The recent decision by Opec not to reduce production level is keeping more pressure on global oil price.

Dec 21, 2015 3:47 AM EST

Mars Recalled Dove Chocolate Over Allergy Concern

Mars issued allergy alert for its Dove Chocolate Assortment Snowflake on December 18, due to undeclared peanuts, wheat and egg ingredient.

Dec 21, 2015 2:46 AM EST

Packer is in discussion to take Crown's assets private

James Packer’s Consolidated Press Holdings is in speculation that it was going to team up with private equity and take parts of Crown Resorts private. The circulated news cause its share price to soar higher and was query by the Australian Stock Exchange.

Dec 21, 2015 1:25 AM EST

Secret Santas pay $484,000 for Walmart layaway shoppers in three states

Mistery Santas gave Christmas gifts to Walmart's shoppers in three states by paying off their layaway orders. The total amount of anonymous donations reached $484,000.

Dec 20, 2015 9:51 PM EST

Is the Fed hike the silver bullet that can bring economic prosperity back?

The US Federal Reserve has increased the interest rate by quarter percentage. Will it bring back the economy to normal, asked the economists. Purely linking interest rate hike, inflation and oil price drop doesn't serve the purpose., caution economists. There's also associated risks for emerging markets as well, caution economists.

Dec 20, 2015 9:31 PM EST

Fiat Chrysler buys emission credits from rival auto majors

Fiat Chrysler Automobiles NV has purchased 5.5 million emission credits from Toyota and Honda. Another one million credits from Tesla. Fiat Chrysler ended 2014 with a credit balance and without this purchase also, it would have been emission compliant, according to a report from the Environmental Protection Agency. Fiat Chrysler ranks last in fuel efficiency when compared with rival auto majors.

Dec 20, 2015 9:23 PM EST