Ashley Madison victims now being blackmailed
First the Ashley Madison hacking and now the extortion follows. Recall that there were more than 30 million profiles that were included in the data dump of the so-called cheating website.
Aug 25, 2015 03:48 AM EDT
China plans to boost lending to support slowing economy - report
After devaluing its currency, China takes another step to support its slowing economy. The world's second biggest economy is reportedly planning to free up funds for lending by cutting banks' reserve requirements.
Aug 25, 2015 03:47 AM EDT
Oil price gets below $39 for first time since 2009, China economic slowdown to blame?
Oil Prices sank to $39, the lowest it has been since 2009. Unstable Chinese economy, increase in supply, and a decrease in demand are some of the major reasons for the continuing decrease of oil prices.
Aug 25, 2015 03:46 AM EDT
Apple falls, along with other tech giants and the US stock market
Apple’s shares went down by as much as 7 percent last week, as the U.S. stocks also dropped. Other tech giants are also affected by the market volatility. Netflix and Facebook are among the companies that took a hit from the presently volatile days in Wall Street.
Aug 25, 2015 03:17 AM EDT
Get most out of your Fundraising in Silicon Valley; Learn the Tips and Tricks from Mattermark and more
Mattermark CEO and co-founder Danielle Morrill gave a tweetstorm of advice on how to get the best out of your fundraising in Silicon Valley.
Aug 25, 2015 03:14 AM EDT
From digging low to getting high: Junior miners pivot to medical marijuana as commodities hit bottom prices
As metals prices are crashing, junior miners, who are hit the most, are transitioning to other ventures, from egg exporting to marijuana farming.
Aug 25, 2015 03:13 AM EDT
Airbnb for Business now has over 1,000 corporate signups
Over 1000 businesses signed up for Airbnb’s new website “Airbnb for business,” which makes it easier and more convenient for travelling business people to find the right place to stay during their travel.
Aug 24, 2015 11:19 PM EDT
Trump's tax plan to amp US economy
Donald Trump, a Republican presidential nominee will try to win his race by proclaiming his tax plan that will lift US economy and free corporates and the middle class from the burden of paying high taxes. Some anchors agreed that lower taxes means more jobs, more money in the pockets of people and more spending.
Aug 24, 2015 10:33 PM EDT
Deloitte's partners report average earning of GBP822k
Deloitte, leader among the Big Four accounting firms, posted encouraging revenues for the last year. The accounting firm's revenues were up 6.4 percent to GBP2.71billion, while the average earnings of its 721 partners rose 9.6 percent to GBP822,000 in 2014.
Aug 24, 2015 10:32 PM EDT
Drama in Greece continues with Tsipras calling the vote
Just when Greece was about to get a new 86 billion bailout package, its prime minister, Alexis Tsipras resigned calling for a snap election on September.
Aug 24, 2015 10:15 PM EDT
How to acquire funds for a startup fashion business
Imrad Amed of the Business of Fashion tackled some financing options that startup companies might want to consider.
Aug 24, 2015 04:58 AM EDT
China GDP slows down, dents mining companies' profits in Q2; raw materials at 6-year low
With prices of raw materials going down, mining companies are reeling under pressure. The slowdown in China economy is impacting their margins. Many mining companies are poised to slash costs.
Aug 24, 2015 04:40 AM EDT
Lettuce as a "Miracle" sugar substitute and other biotech startup projects
More and more research had been conducted to find a substitute for a certain substance or food additive like the sweetener. Recently, lettuce has been a good candidate for producing miraculin, chosen by Alan Perlstein and his team making sure that it is not going to be a GMO.
Aug 24, 2015 03:13 AM EDT
Drop in consumption, exports squeeze Japan’s export basket
Japane suffered drop in exports during the second quarter this year. This coupled with fall in personal conumption put pressure the world's third largest economy slowing down the growth rate to 1.6% as against the forecast of 1.9%.
Aug 24, 2015 02:53 AM EDT
China devaluation: Is it a serious concern for US economy?
The Chinese currency Yuan devaluation is not only impacting Asian economy alone, but also creating tremors in the world's largest economy. The US market is feeling the heat of devaluation of Yuan as it's indirect impact is more on consumer durable products, industry and stock markets as well.
Aug 24, 2015 02:52 AM EDT