Result Page 20 for Staff Writer

Articles by Staff Writer

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Saudi election finally includes women, also allowing them to vote

Women are now allowed to run for municipal council in Saudi Arabia. They are also allowed to vote. This is a step forward towards providing equal rights for women in the strict Saudi society.

Dec 11, 2015 8:00 PM EST

LG Electronics CEO was Vindicated from Vandalism on Samsung Washing Machine

LG Executive accused of vandalizing Samsung washing machine during 2014 Berlin electronics trade fair but was found not guilty.

Dec 11, 2015 10:35 AM EST

Uber Launched Desktop App on Windows 10

Uber created a desktop app to enable users hail a ride from their desktop. Unfortunately, the app is unable to work on its own.

Dec 11, 2015 10:26 AM EST

Oil slump major risk for Malaysia debt

The debt-ridden 1Malaysia Development Bhd (1MDB) is in the process of selling assets to reduce its debt. Though it has already identified buyers for its asset sale, investors say the oil price slump is the major concern over the nation's financial situation. Oil revenues account for 22 percent of total Malaysian government revenues. The government is planning to impose higher taxes to compensate oil price drop.

Dec 11, 2015 10:18 AM EST

Morgan Stanley in $225 million deal with U.S. regulator

National Credit Union Administration (NCUA) filed lawsuits against banking lenders includng Morgan Stanley for allegedly selling faulty mortgage-backed securities. Morgan Stanley without admiting its fault, has agreed to pay $225 million to seele the claims. The total value of such claims recovered by NCUA reached to $2.43 billion since 2011.

Dec 11, 2015 10:09 AM EST

Wal-Mart Marketing head Stephen Quinn to retire, says WSJ

The longtime Marketing Chief Officer of Wal-Mart Store’s Inc., Stephen Quinn, plans to step down by the end of January.

Dec 11, 2015 9:58 AM EST

US imposes new sanction to North Korea: Strategic Rocket Force added to the list

Last Tuesday, the U.S. imposed new financial sanctions targeting North Korea's Strategic Rocket Force.

Dec 11, 2015 9:53 AM EST

Smartphones to become obsolete in 5 years, Artificial intelligence will take over

Swedish telecom expert, Ericsson, has claimed that artificial intelligence will soon become the mode of interaction and communication overpowering smartphone in the next 5 years.

Dec 11, 2015 9:44 AM EST

EU warns Thailand of airline safety enhancement

Thailand’s airlines have been spared a ban from European skies despite concerns over flight safety in the country. Last Thursday, EU regulators issued a special warning over travelling on Airlines from Thailand, but stopped short of following last week’s US damaging safety downgrade for a country heavily dependent on tourism.

Dec 11, 2015 9:34 AM EST

Beijing continues to suffer from pollution, but Delhi's air quality is 150% worse

While Beijing residents continue to struggle through a period of unusually high air pollution, similarly high smog levels are a fact of life for many in different parts of the world, where Beijing-style warning systems aren't in force. In the past week, during which Beijing's air pollution has been at its most severe, air quality has been 150% worse in Delhi, India's capital.

Dec 11, 2015 7:49 AM EST

November NPD: PlayStation 4 overtakes Xbox One and there's no stopping Call of Duty

November was a good month for next gen-consoles and also an important month for sales in the video game industry. American consumers spent $2.47 billion on new game softwares, hardwares, and accessories at physical retailers in the United States last month. That is up by 2 percent from 2014, when gamers spent $2.42 billion. Most of that growth came from hardwares, which saw an increase in revenue despite price cuts. PlayStation 4 emerged the victor, but it was a good month for all console hardware makers.

Dec 11, 2015 7:44 AM EST

The Internet is for humans, not robots

The really good robots just can't seem to keep up with the growing number of humans and bad robots on the web. Good robots are the helpers, they're designed to crawl the web for archiving purposes, to populate RSS feeds and search engines, and to help with other automated tasks that assist humans. Bad bots, by contrast, are the impersonators, data thieves, and other rogue agents.

Dec 11, 2015 7:34 AM EST

Tesla says Australian utility Origin to market solar battery

Tesla Motors Inc. listed Australia's largest power and gas retailer, Origin Energy, as one of the distributors for its solar battery storage product, Powerwall, which the company is launching globally in two other countries. The Powerwall is initially targeted at early adopters, both by Tesla and by Origin. The product will be available for installation starting February 2016.

Dec 11, 2015 7:16 AM EST

SpaceX to relaunch Falcon 9 by December 19

After a lengthy hiatus from spaceflight, SpaceX will launch its next Falcon 9 rocket again on December 19th. A recent tweet by ORBCOMM’s CEO, Marc Eisenberg, on Dec. 9, 2015, stated that the spacecraft were set and ready to be launched on the first flight of a Falcon 9 since one of the rockets was lost earlier this year. Elon Musk, SpaceX CEO, also revealed the launch date on Twitter early this morning, noting that the launch would be "about three days" after December 16th.

Dec 11, 2015 7:10 AM EST

Pew finds middle class no longer dominates in the U.S.

Middle-class once dominated the US, but now the percentage has decreased sharply. Pew research center finds that middle-class population in America has declined to nearly half, 49.9%, which has been decreased by 61% as compared to in 1971. According to analysts, the declining rate is bad for the economic and social stability of the nation.

Dec 11, 2015 6:34 AM EST

E. Coli Outbreak and The Biggest Food Recall in 2015

Several cases of food E. coli outbreak have become headline this year. E.coli may have been the major cause of food recall in 2015 along with listeria bacteria and defect.

Dec 11, 2015 4:35 AM EST

Chipotle Mexican Grill in Seattle Closed for the Violation of Food Safety

The Chipotle restaurant was closed by the Seattle-King and County, public health officials due to the violation of the food safety policies. People are suffering from various illness after eating in this restaurant chain.

Dec 11, 2015 4:19 AM EST

Asian stocks ending week on weaker note as commodities remain sluggish

Asian stocks set for weaker weekly closing on sluggish commodities prices. The continuous oil price drop and further weaker Yuan currency also weakened the investor confidence. The market players were in wait and watch mode ahead of US Fed meeting next week.

Dec 11, 2015 4:13 AM EST

'Spencer' The Robot Is Here to Save the Day

Spencer now helps traveler to find their way from 30th November at Schiphol Amsterdam Airport. Spencer is the robot that guides travelers to get their way at Schiphol Amsterdam Airport in case they missed the flight.

Dec 11, 2015 4:11 AM EST

Buffet buys 8% in Sears' REIT Seritage Growth

Warren Buffett has acquired 8% stake in Seritage Growth Properties, amounting to $70.5 million. Berkshire Hathaway is also buying a real estate firm, Allie Beth Allman & Associates. The latest acquisitions by Buffett will add financial strength to Sears Holdings.

Dec 11, 2015 4:10 AM EST

Drones with Night Vision Use Thermal Camera

Drone maker DJI with FLIR, to develop a new drone camera that can shoot in complete darkness. Drone maker DJI on Thursday said it is working with FLIR, to develop a new drone camera that can shoot in complete darkness.

Dec 11, 2015 3:54 AM EST

Ford to invest $4.5 billion on electric cars by 2020

Ford said it is investing $4.5 billion in electric vehicles by 2020. It will add 13 new electric cars to its lineup in the next five years.

Dec 11, 2015 3:35 AM EST

Fed might hike rates, but it will be a bad decision, warns bond king Gundlach

Jeffrey Gundlach, the bond king in the US markets, says the current economic situation and market conditions are not in favour of interest rate hike. If US Federal Reserve increases rate this month, then it will regret its decision, he said. Stating that 100% of economists forecast rate hike. latest jobs data and other parameters are giving more room for US Fed to take decision on rate hike.

Dec 11, 2015 3:29 AM EST

Facebook re-enables social network to Tsu content

Facebook has raised a restriction that blocked content from Tsu.co. Facebook has raised a restriction that blocked content from Tsu. Co, a competitor challenging the Facebook's financial dependence on free content shared by its 1.

Dec 11, 2015 3:15 AM EST

TCS announced Rs 1,100 crore as interest free loans to flood-hit employees in Chennai

Recently, the flood marked as one of the history's worst disaster struck Chennai. In order to provide relief and rehabilitation facilities, IT giant of India, Tata Consultancy Services (TCS) has decided to provide them with interest-free funds of Rs 1,100 crore. It has followed the footsteps of US listed rival Cognizant.

Dec 11, 2015 2:53 AM EST

The 2016 BMW diesel X5 SUV will go on sale next month as EPA emission test checked out

The U.S. EPA announced it has approved the sale of the new BMW diesel X5 as the testing found that there is no evidence of a defeat device to cheat emission tests. The diesel SUV will be going into production soon and will be available on the market in January.

Dec 11, 2015 1:55 AM EST

Alaska Governor seeks income tax for the first time in 35 years

Alaska State Governor Bill Walker as part of his New Sustainable Alaska Plan,suggested for income tax in the State. If levied, it'll be after 35 years, Alaska records income tax. Alaska is highly dependent on oil revenues. The steep fall in oil price is impacting its revenues in a negative way. The current revenues can meet only 40 percent of government expenses.

Dec 11, 2015 1:16 AM EST

Dow Chemical and DuPont are in the late-stage talks for $120B merger

Dow Chemical and DuPont are in advanced talks for a merger. The companies could announce the $120 billion deal in the next few days.

Dec 11, 2015 1:14 AM EST

In Australia, banks disrupt Apple with mobile payments power

The US technology giant Apple Inc is struggling to forge an alliance with Australian banks to spread its mobile payment system. Australian banks have already their own apps and supporting technology platform for the contactless payment system. At this juncture, Apple Inc is finding it difficult to make the partnership with Australian banks. After launching mobile payment service in Australia last month, Apple Inc is planning to roll out in China soon.

Dec 11, 2015 1:09 AM EST

Verizon to begin testing 'toll-free' data

Verizon will start testing sponsored data program in the next following days. The program will let Verizon users to access certain data without using up their monthly data plan.

Dec 11, 2015 1:07 AM EST

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