Credit-Gas Theft, Fraud Epidemic; Credit-Cardless Online Shopping Gets Easier
There is an epidemic regarding theft and fraud in the gas and credit card industry, while a Swedish company found a way to let shoppers buy stuff online without using credit card.
Sep 09, 2015 12:40 AM EDT
Study Shows Extra Screen Time Reduce Teenagers' Academic Performance
British scientists found that teenagers who spend an hour of extra screen time, especially on TV, leads to reduced academic performance.
Sep 09, 2015 12:04 AM EDT
Analysts Say Volkswagen's Management Reshuffle Not Enough to Create Momentum
Volkswagen’s reshuffling may not bring the momentum it needs to to address its structural issues between lets Chief Executive Martin Winterkorn and former Chairman Ferdinand Piech.
Sep 08, 2015 11:46 PM EDT
Toyota to produce cars with artificial intelligence
Toyota, together with Stanford University and MIT will collaborate to produce cars that use artificial intelligence. It will intervene human driving if there are any mistakes and if necessary, replace the driver himself to prevent any accidents.
Sep 07, 2015 11:04 PM EDT
Facebook's WhatsApp reached 900 million monthly active users; aims for 1 billion
WhatsApp had reached 900 million users per month around the world, Jan Koum posted it on Facebook. Expect additional features and more ads when the app gained 1 billion subscribers.
Sep 07, 2015 11:35 AM EDT
Amazon Restaurants food delivery service hires staff in Seattle and New York
Amazon is trying out a new venture, the food delivery service. The new division is Amazon Restaurants under the Amazon Local. Prime Now will manage the shipping of meals from Seattle restaurants. The company also hires staff in Seattle and New York.
Sep 07, 2015 11:35 AM EDT
Nike could be J. Crew's toughest rival
Nike is just silent and waiting around the corner to take its queue in the market sales. Before J. Crew knew it, Nike has gotten the bigger share in the active wear market share sales.
Sep 07, 2015 11:35 AM EDT
Blackberry to acquire Good Technology in $425M cash deal
BlackBerry will buy out Good Technology Corp in a $425M cash deal. The deal will help, as BlackBerry is optimistic, enhance customer base for service business.
Sep 07, 2015 11:33 AM EDT
Apple to launch Apple TV with an eye on gaming
Apple is set to announce a new Apple TV product with a gaming console that could rival Sony, Nintendo, and Microsoft this Wednesday.
Sep 07, 2015 11:31 AM EDT
G20 to hasten economic reforms, says cheap credit not enough
G20 leaders agreed Saturday to expedite slow growth, but said that low interest rates will not be enough to accelerate economic improvement, and that they are optimistic that growth will happen.
Sep 07, 2015 11:27 AM EDT
Wall Street Q3 projections under pressure
The projections on US growth rate for third quarter are likely to be lower following the adverse conditions in emerging ecnomies, expectations of rate hike by US Fed, currency crisis in developing nations.
Sep 07, 2015 11:23 AM EDT
Financial Conduct Authority Wasted £3.2m Tax Money on a Deal with Oracle for a Software Never Used
Financial Conduct Authority admitted wasting £3.2 million of taxpayers’ money on software it got from Oracle that it ultimately never used.
Sep 07, 2015 06:48 AM EDT
China's economic distress is risk to global economy: IMF and ECB
China's economic turmoil poses great risks to the world's economic growth but they are managing to recover from the troubles with the help from other countries and Fed will not yet increase its interest rates.
Sep 07, 2015 04:54 AM EDT
Craft beer maker BrewDog turns to Crowdcube for GBP25M fund raising
Scottish craft beer maker BrewDog is raising GBP25 million to support its expansion plan. For the first time, BrewDog is using crowdfunding platform Crowdcube. Using the raised funds, BrewDog will open new bars across the UK and also set up a manufacturing facitlity in the US.
Sep 07, 2015 04:53 AM EDT
Origin of Greece's economic failure - who to blame, when did it start, how did it happen
Greece narrowly avoided defaulting on its payment and its prime minister called for a snap election on September 20. These are some of the updates on the Greece economic crisis. But the question is where did this problem originated?
Sep 07, 2015 04:52 AM EDT