Articles by Staff Writer

Oracle will teach young people how to think, to build a high school

Oracle's founder billionaire Larry Ellison's long-time dream of having a school that would teach kids to think became true as Oracle announced plans to build a high school next to its Silicon Valley headquarters.

Oct 29, 2015 09:37 PM EDT


Revlon raises over $2M in crowdfunding for women's health charities

As part of the company's effort to assist charitable campaigns and encourage charity awareness, Revlon conducted a crowdfunding campaign that has raised over $2 million as of today.

Oct 29, 2015 09:27 PM EDT


Samsung Galaxy View is the new 18-inch tablet

Samsung launches the new Samsung Galaxy View, an 18-inch tablet TV. The large screen tablet offers a new experience to enjoy streaming video and media content, as well as Android apps.

Oct 29, 2015 09:22 PM EDT


Ferrari shares rev up in market debut but shift to low gear a week later

Ferrari's IPO share was $52 on opening day. Shares went up to $60.97 before closing at $55. Analysts were quick to see this as a successful move by Ferrari to become an independent company. A week after market debut, Ferrari shares took a 7% dip.

Oct 29, 2015 11:06 AM EDT


Slack launches private channels for temporary private group chats

Business messaging app Slack launches a new feature enabling users to make private discussions with up to eight people on private channels. This feature is useful to discuss a short-term topic with selected users within a group.

Oct 29, 2015 11:02 AM EDT


UK factory output shrinks in Q3; exports drop

The strengthening British pound, a weak euro, and China's slowdown are impacting UK's manufacturing and export sectors. Factory output dropped for the third consecutive month. The UK is witnessing its third export recession in less than a decade.

Oct 29, 2015 10:58 AM EDT


Gold recovers marginally ahead of US Fed decision

The gold price rebounded in a cautious way ahead of the US Fed Reserves' statement. The investors and funds are in wati and watch mode anticipating cues for possible timing of next hike in interest rates. Hedge funds and money managers are bullish on gold, while technical analysts predict lacklustre trading in the yellow metal.

Oct 29, 2015 09:35 AM EDT


SIngapore Medical Device Company Receives an Acquisition Offers From China-State Backed Firm

Biosensors International Group has received an offer from CITIC Private Equity Funds Management Co to amalgamate with its biggest shareholder, CB Medical Holdings, a privately-held Chinese investment holdings company.

Oct 29, 2015 09:18 AM EDT


Here's a quick drive to the Tokyo Motor Show 2015 highlights

The Tokyo Motor Show is open from Oct 30 to Nov 8 at the Tokyo Big Sight Exhibition Centre. The event showcases new car concepts and designs from carmakers all over the world. This car exhibition puts the spotlight on driverless technology, clean fuel and energy efficiency in automotive.

Oct 29, 2015 08:14 AM EDT


IBM to buy The Weather Company's digital assets

IBM is finalizing the acquisition of The Weather Company’s digital assets, which includes weather.com, Weather Underground, WSI, and the rest of the Weather Company brands, except for the Weather Channel TV network.

Oct 29, 2015 04:48 AM EDT


Toshiba to sell sensor business to Sony for 20 billion yen, overhaul unprofitable semiconductor business

Toshiba announced Wednesday that it will sell its image sensor business to Sony and it plans to overhaul its semiconductor business, after a big accounting scandal.

Oct 29, 2015 04:41 AM EDT


Obamacare’s benchmark silver insurance plan will increase an average of 7.5%

The Department of Health and Human Service reported Monday that Obamacare premiums for the benchmark silver insurance plan will increase by an average of 7.5 percent in 37 states in 2016.

Oct 29, 2015 04:31 AM EDT


Hyatt is in advanced talks to purchase Starwood Hotels & Resorts, Hilton is not troubled about Starwood-Hyatt partnership

CNBC announced that Hyatt is in advanced meeting to purchase Starwood. Moreover, Hilton claimed that the game plan wouldn't change if Starwood indeed is involved in a merger with Hyatt.

Oct 29, 2015 04:02 AM EDT


Japan Regional Lender Ashikaga and Joyo Bank to Merge

Many businesses consider merging and acquisition to make their industry stronger and to stay alive despite the economic slowdown.

Oct 29, 2015 03:57 AM EDT


Etihad First Class on Jet Airways: Traveling from JFK to Abu Dhabi

Etihad is known for their first class flights. But it also provides a decent economical experience, which reportedly rankled US carriers so much.

Oct 29, 2015 03:47 AM EDT


Real Time Analytics