A 38-year-old Frederick Haden, belonging to Florida will be imprisoned for defrauding people by selling $18M worth of fake Detroit homes. He played an initial role as 'fronter' by placing calls and trapping the victims. He pocketed $100,000 from hundreds of people nationwide.

Dec 10, 2015 07:54 PM EST

Kering SA, reached an agreement to sell its luxury shoemaker Sergio Rossi to a private equity firm.

Dec 10, 2015 07:41 PM EST

The tie-up between Flipboard and Facebook will offer easy and convenient sharing of articles. You can continue a conversation about the article or story on the Flipboard with your friends.

Dec 10, 2015 11:24 AM EST

Natixis Global Asset Management carried out the research in its own firm. The study revealed that one-quarter of Americans and one-third of Millennial are not able to invest in their company-sponsored retirement plan due to student loan burden. It agrees to pay extra cash to pay off their debts.

Dec 10, 2015 10:49 AM EST

Sony launches PlayStation Messages to enable people on PlayStation Network to communicate directly through Android and iPhone.

Dec 10, 2015 10:38 AM EST

Google announced to discontinue its Nexus 6 starting December 8. However, customers still be able to find the phablet in Amazon.

Dec 10, 2015 10:34 AM EST

Mozilla decided to stop its Firefox OS, after it is unable to compete in the market dominated by Android,

Dec 10, 2015 10:29 AM EST

Alphabet, Google's parent company, rebrands its Google Life Sciences division into Verily last Monday, which will continue to develop new technology that will enhance the health care industry and cure diseases.

Dec 10, 2015 10:22 AM EST

After Wynn Resorts founder Steve Wynn bought an additional 1 million of the company’s shares, the shares of Wynn went up 15 percent Wednesday.

Dec 10, 2015 10:18 AM EST

Daniel Wind, the owner of the Bushshack Brewery in Yallingup South West Australia has created a beer made out of avocado, and it is such a big hit.

Dec 10, 2015 10:16 AM EST

HERE is Nokia’s exceptional digital navigation business that is able to compile high-definition digital maps by collecting data from more than 80,000 sources in a regular basis. A syndicate of three largest automakers of Germany comprising Audi, BMW and Daimler (the parent house of Mercedes-Benz) finally agreed to purchase ‘Here’.

Dec 10, 2015 10:11 AM EST

Exports from Germany dropped 1.2 percent on the month in October after a strong gain the previous month — a sharper decline than economists had expected.

Dec 10, 2015 08:13 AM EST

International Business Machines Corp., which has been developing artificial intelligence to help fight Beijing’s toxic air pollution by predicting pollution patterns, plans to work with other municipalities in China and India on similar projects to manage air quality.

Dec 10, 2015 07:58 AM EST

The once-famous Live Writer is revived by Microsoft and being released as open source Live Writer in version 0.5 format. However, if you are not comfortable with open-sourced software, you can download the conventional WLW too.

Dec 10, 2015 07:54 AM EST

Whether to buy Microsoft stock is a question investors started thinking last year as the iconic tech company got rid of its decade-long status as a perennial straggler. Microsoft Corp. (Nasdaq: MSFT) stock soared almost 40% from November 2013 to November 2014, investors were keen to jump on board. But since then, investors have had reason to wonder if it's still a good idea to buy MSFT stock

Dec 10, 2015 07:47 AM EST