Articles by Staff Writer

Google to install high-speed public Wi-Fi on 400 railway stations in India

Sundar Pichai announced Google will put up a public Wi-Fi to 400 train stations in India. It would be the largest public Wi-Fi in the country with the number of users. The project is part of Google's Project Loon.

Sep 28, 2015 01:39 AM EDT


IBM's Watson supercomputer is coming to Silicon Valley

IBM is building a new hub in Silicon Valley for its supercomputer Watson to lure start-ups and data scientists into using its cognitive computing platform. The innovation center is expected to open middle of next year.

Sep 28, 2015 01:37 AM EDT


StoreDot could fully charge your phone in just a minute

StoreDot, a startup company in Israel, had invented a charger that would fully energized phone batteries in one minute.

Sep 27, 2015 09:56 PM EDT


Ace Limited Offers Cyber Security Protection Worth up to $100 million

Ace Limited company announces that the company is entering into cyber security sector due to an increasing number of cases happening in the United States alone. However, customers are required to undergo a reviewing process first before they can buy the policy.

Sep 27, 2015 09:51 PM EDT


Facebook announced 360-degree video support

Facebook introduces its support for a 360-degree video. Through the feature, users could swipe their phones on their desired angle and watch videos in different views.

Sep 27, 2015 09:45 PM EDT


Pope urges US to act on climate change now

Pope Francis urges the United States to join a global campaign against climate change, making clear his position that global warming is moral issue that needs immediate action. The pope made the call during a welcoming ceremony at the White House, his first public engagement of his 6-day trip to the world's richest nation.

Sep 27, 2015 09:38 PM EDT


Netflix is now available for Oculus, Hulu coming soon

Netflix had released an app that allow users to experience its show in the virtual reality device, Oculus Rift and the new Samsung Gear VR. The online streaming provider had set a special environment for users to watch the show. Hulu is expected to provide similar app in the future as the company had also been working closely with the virtual reality company.

Sep 27, 2015 09:10 PM EDT


LG New Smartphone Comes With Dual-Screen and Cameras

LG will unveil new smartphone the LG V10 in October. The company had released a teaser on YouTube giving viewers a glimpse of the latest feature that can be expected on the new smartphone.

Sep 27, 2015 09:06 PM EDT


Toshiba to offload stakes in white goods biz to Skyworth

After feeling the heat of $1.3billion accounting scandal, Toshiba has undertaken restructuring plan to overhaul its operations including overseas network. Toshiba is selling five percent stake each in two whitegoods units to Chinese firm Skyworth Digital Holdings. Toshiba has convened an EGM on 30 September to discusson on future plan.

Sep 27, 2015 09:02 PM EDT


Split in hedge funds group over Puerto Rico's restructuring plan

The group of hedge funds seems to be slitiing off over the restructuring plan for the ailing Puerto Rico economy. Recently the Islan's governor Alejandro Garcia Padilla said that debts were unsustainable. Since then difference of opinion has started widening further among the members. On the other hand, there's increasing voice against the participation of Antonio Weiss in the restructuring talks as it leads to conflict of interest.

Sep 27, 2015 08:57 PM EDT


US home sales rise in August, Q3 forecasts in tact

New home sales were up in August, while business investment eased in August. The latest data for August indicates that US economy is not disturbed much with ongoing slugishness in the global economy. It's estimated that earlier forecast on US GDP growth rate of 1.4 percent is possible for the third quarter.

Sep 27, 2015 08:53 PM EDT


Sprint is offering iPhone 6S at $1 per Month

Sprint mobile carrier is now offering the lowest price for the new iPhone 6 at $1 per month. The new offer comes few days after T-Mobile started the price war when it is offering the new iPhone 6S at $5 per month.

Sep 27, 2015 08:48 PM EDT


Goldman Sachs leaves rivals far behind in M&A race

Goldman Sachs achieved a robust year of performance in mergers and aquisitions (M&As) space this year so far leaving its rivals far behind in terms of revenues and fees. Goldman Sachs earned a market share of 12.3 percent in M&A space globally, while JPMorgan and Morgan Stanley were left with market shares of 8.1 percent and 7.7 percent respectively.

Sep 27, 2015 08:44 PM EDT


Second Interest Rate cut for Norway

Norway's Central Bank, the Norges Bank announced that it is cutting the country's interest rate to o.75 percent today. This is the second rate cut for this year and the third in 10 months. The rate cut signals a weakening economy in the country's key sector.

Sep 27, 2015 08:39 PM EDT


Final meeting for Trans-Pacific Partnership (TPP) will be held next week

Washington is planning to wrap up the TPP agreement in a meeting in Atlanta next week. Few issues will be resolved during the meeting such as for automotive industry, dairy products, and biological drugs.

Sep 25, 2015 08:05 AM EDT


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