Articles by Staff Writer

Verizon considers buying Yahoo's internet business

Yahoo's CEO Marissa Mayer has been dealing with company's under pressured search and display ad businesses. It generates company's major percentage share of revenue. Verizon Communications Inc, U.S. number 1 wireless carrier company is considering to buy Yahoo's internet business.

Dec 10, 2015 02:15 AM EST


China's capital outflows tripling in November

China has been suffering from the increasing capital outflows, which tripled in November to $113biillion in November from $37 billion in October. The concerns about further depreciation in Yuan were the prime reasons behind the surge in capital outflows. The weaker Yuan will add competitiveness to exports, opine some economists.

Dec 10, 2015 01:57 AM EST


Jakarta greenlights Uber operations

Uber has received approval from Jakarta government to operate legally in the Indonesian capital, as long as it meets tax rules and other requirements from the government.

Dec 10, 2015 01:52 AM EST


Norovirus outbreak in Seattle sickens 200 people

About 200 people have become infected by norovirus after attended a catered event at a downtown Seattle's Russell Investments Center. The health officials have closed all food vendors in the Seattle office building.

Dec 10, 2015 01:48 AM EST


Airbnb confirms $1.5 billion fund raising round

The US-based home-sharing startup Airbnb has confirmed that it closed $1.5 billion fund-raising round in a filing to SEC. The latest round puts Airbnb's valuation at $25 billion. The home sharing services provider boosted its forecast for revenues to $900 million for 2015. Airbnb is planning to expand globally.

Dec 10, 2015 01:35 AM EST


South Africa's inflation up at 4.8% in November

South Africa's inflation rate was 4.8 percent in November from 4.7 percent in October. The inflation rate indicated its highest since July. The currency Rand continuous fall against the US dollar is further adding to inflation. South African economy narrowly missed the second recession in six years.

Dec 10, 2015 01:31 AM EST


Catholic Church Prelate Suggests Birth Control can be the Ultimate Solution to Climate Change

Have you ever thought that birth control or so-called family planning can help control climate change? Believe it or not, the truth is the larger the population will be, the tougher the life will become. Hence, Church authorities decided to join UN climate change meet to raise the voice.

Dec 10, 2015 12:40 AM EST


The Unapologetic Magic Mouse 2 – The Sad Reality of the Apple Design

Are you fond of Apple made products? Be sure enough whether you want to invest in some recent controversial Apple goods like magic mouse 2. Magic mouse 2 is one of the questionable accessories that Apple launched this year.

Dec 10, 2015 12:27 AM EST


Exxon refuses to share U.S. Tax information, hindering progress on energy transparency, says watchdog chief

Extractive Industries Transparency Initiative (EITI) head, Clare Short, said Exxon's refusal to share U.S. Tax information is hindering progress on the push for transparency in the energy business.

Dec 09, 2015 10:58 PM EST


Men have to cultivate a culture that encourage women in workplace, says Dell's CMO

Dell CMO Karen Quintos said that in order to remove gender bias in the work place, men must cultivate a culture that encourages women to think they can succeed

Dec 09, 2015 10:53 PM EST


Surface Book to replace the laptop and the tablets

Microsoft's first laptop, Surface Book is basically a laptop first, that can work as a tablet.

Dec 09, 2015 10:47 PM EST


Conflict against Russia could lead to $9 billion loss for Turkey

Due to the conflicts with Russia, Turkey's economy is at risk of losing $9 billion.

Dec 09, 2015 10:41 PM EST


Aging population a drag on US labor force growth

With the number of ageing Americans increasing, the employment growth rate will be under pressure in the 2014-2024 decade, according to the US Labor Department. The US economy may generate 9.8 million jobs during the decade, but the work-age population growth is slowing down.

Dec 09, 2015 10:37 PM EST


Air France suffers €50-million loss after terror attacks on Paris

Air traffic was drastically hit by the terrorist attacks on Paris in November. Air France-KLM is believed to have suffered €50-million revenue loss for the month. However, the French-Dutch group is optimistic about recovery by the end of December 2015.

Dec 09, 2015 10:33 PM EST


T-Rex uses computer-aided design to create toys

Young Japanese toy design studio T-Rex brings uses computer-aided design (CAD) to design and create their products.

Dec 09, 2015 10:24 PM EST


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