Banknotes will soon be eliminated and Sweden will be the first country to become a cashless society. Although, a lot of the country's banks no more accept or dispense cash, this move toward a digital economy seems not advisable since there are risks included using apps and cards as a mode of payment

Dec 31, 2015 05:45 AM EST

After leveraging the popularity through release of Outlook and other free apps, Microsoft has appeared again in the screen with an intelligent photo quality improver, the Microsoft Selfie. It uses algorithms to improve photo quality, capable of reducing noises and provide the same look and quality across rear and front camera lenses. Available in the iTunes, the app is believed to be displayed in the home screen of the iPhone and Android devices,during the past two years.

Dec 31, 2015 03:32 AM EST

The Hyatt Hotels has detected malware on its system computers and has requested its costumers to check their their accounts. There are possibilities that hackers may have obtained sensitive information from the their systems. The company has taken taken essential counteract measures.

Dec 31, 2015 03:21 AM EST

Japanese government prepared a state-backed fund to help Toshiba restructure its business.

Dec 31, 2015 01:05 AM EST

Boston Medical Center study of chronic pain treatment revealed that 91% of people, who survived opioid overdose continued to receive prescription of the same drug afterwards. In 2013, 16,235 people died due to opioid overdose. LaRochelle believed that doctors are practicing "in a good faith effort", but the tools they use does not identify high-risk patients.

Dec 31, 2015 12:59 AM EST

Around four millions of Syrians have fled to their neighboring countries to escape the civil war and have been receiving funds globally. Comedian Sacha Baron Cohen and his actress wife, Isla Fisher also have donated around $1millions. Around 1,400 of the charity's volunteers are working to assist the victims of the civil war.

Dec 31, 2015 12:54 AM EST

Toys R Us closed its Times Square flagship store on Wednesday. The company is looking for a location for new store in Manhattan area.

Dec 31, 2015 12:49 AM EST

The Swiss bank Julius Baer has reached an agreement with the U.S. officials to set aside $200 million of additional provisions to settle tax evasion issue. The U.S. officials investigate the Swiss bank whether it helped American clients evade taxes.

Dec 31, 2015 12:28 AM EST

Spotify the music streaming company is facing a $150 million class action suit from musicians over unpaid royalties

Dec 30, 2015 11:57 PM EST

After 2 decades of service, the U.S. Army's first drone the Hunter UAS has now started its well-deserved retirement. The Army replaces the Hunter with the General Atomics Grey Eagle UAS.

Dec 30, 2015 08:36 PM EST

SeaWorld sues the California Coastal Commission over the ruling that bans the company from breeding killer whales. The lawsuit says that the Commission's ruling is illegal as the whales are not part of the California marine environment.

Dec 30, 2015 08:26 PM EST

Resolution between South Korea and Japan regarding comfort women last Monday may benefit trade and security in the region.

Dec 30, 2015 07:22 PM EST

Google will replace Java's Application Programming Interfaces (APIs) in the next version of Android. The decision was made over a long dispute with Oracle regarding the API.

Dec 30, 2015 04:30 AM EST

A federal judge published a ruling that approve the bankrupt U.S. company Walter Energy to stop paying retiree benefits to its employees and move forward to sell its assets.

Dec 30, 2015 03:09 AM EST

WHO has declared that Guinea was free of Ebola transmission, after two years of Ebola outbreak in the country. The disease killed more than 11,000 people across 10 countries including Guinea.

Dec 30, 2015 03:05 AM EST