Articles by Staff Writer

Cards Against Humanity: The team's nothing-for-something deal raised $71K this Black Friday

Cards against Humanity team promoted an exclusive deal this Black Friday. They asked for $5 with nothing in return. Surprisingly, the deal was highly met with positivity and generated 71K in one day. They also revealed the purchases, the team members made with the hard-earned money.

Dec 01, 2015 11:48 PM EST


Cyber-attack on Hong-Kong toymaker VTech affected about 5 million consumers' data

Hong Kong-based children’s electronics maker VTech was hacked compromising the data for 5 million “customer accounts and related kids profiles worldwide.”

Dec 01, 2015 10:30 PM EST


Samsung’s new patents reveal foldable smartphone and tablet designs

Samsung has patented new design innovations for smartphones involving foldable displays. The new patent shows off foldable and bendable smartphone designs as well as scrolled smartphone design.

Dec 01, 2015 10:26 PM EST


Japan's GPIF, the world's biggest pension fund, reported a $64B quarterly loss

Japan’s Government Pension Investment Fund (GPIF), the world’s largest, reported a record loss of $64.34 billion due to China’s economic slowdown.

Dec 01, 2015 10:23 PM EST


Iron ore below $40 in Singapore on surge in supply

The slowdown in China is pulling down the demand and putting more pressure on iron ore prices. The iron ore futures contracts in Singapore fell below $40 a ton for the first time. The market players are concerned over continuous supplies of iron ore. Many steel mills have decided to cut down production level from 2016 onwards.

Dec 01, 2015 10:23 PM EST


India's economic 7.4% growth surpasses China's 6.9%

India reported a 7.4 percent economic growth in the third quarter, surpassing China’s 6.9 percent for the same period due to strong domestic demand and improved industrial productions.

Dec 01, 2015 10:06 PM EST


JPMorgan leaves bonus pool unchanged since 2014

The change in regulations is keeping a pressure on investment banks. Owing to weaker revenues, several investment banks are slashing down on bonus payout. JPMorgan Chase & Co is keeping its bonus pool unchanged from 2014. However, this decision is subject to the trading performance in December.

Dec 01, 2015 09:53 PM EST


Alberta regulator extends bid time for Canadian Oil Sands

Alberta Securities regulator has given one more month for Canadian Oil Sands to accept or reject the takeover offer from Suncor Energy. The Canadian Oil Sands' board is examining alternatives to continue as an independent company or look at rival offers.

Dec 01, 2015 09:44 PM EST


Court orders Anadarko to pay $159.5M penalty for 2010 Deepwater Horizon oil spill

Petroleum company Anadarko was ordered to pay $159.5 million as part-owner of BP's Macondo Well that caused the biggest oil spill in the U.S. The oil spill caused an explosion that killed 11 people and a massive oil spill in Gulf of Mexico in 2010.

Dec 01, 2015 09:24 PM EST


Chemical firm Chemours cuts 5 percent of its global workforce

Chemours Co announces that the company will layoff some 400 of its workforce globally including 50 in its own headquarters in Wilmington. The company announces that the layoff is part of its ongoing effort to reduce its operating cost.

Dec 01, 2015 09:14 PM EST


"Grow" your Own Artwork on Paper with Living Ink Technologies' Algae Ink

Living Ink Technologies have created a pen whose ink is created from algae. The designed created by the pen only appear after a few days in the sun.

Dec 01, 2015 08:18 PM EST


Amazon Prime Air gives customers a glimpse of the future of delivery in its new video

Amazon released a video demonstrating a working prototype of a hybrid drone promising to deliver goods to customers in 30 minutes or less.

Dec 01, 2015 08:14 PM EST


Swatch Group Teamed with Visa to develop watch capable of wireless payments in 2016

Swatch Group AG partnered up with Visa Inc to sell mobile payment watch called Swatch Bellamy that can make contactless payments in the United States, Brazil, and Switzerland early 2016.

Dec 01, 2015 08:12 PM EST


Gold And Silver Investment Plans- Is It The Time Right For Speculation?

There is always a proper time to purchase gold and silver and the perfect time to sell them. Investors just have to look for classic level basing for severely falling precious metals. If you are a sensitive trader, you should not mind waiting a bit to settle down with an apt deal.

Dec 01, 2015 08:13 AM EST


Using Artificial Photosynthesis to deal with Global Warming: Turning Sunlight into Clean Energy

Artificial photosynthesis is nothing but a mimic of nature’s one of the most powerful tricks. The latest scientific study shows that artificial material can mimic photosynthesis to create a fresh and self-sustaining energy source. Discovering a way to replicate the natural course of photosynthesis is one of the holy grails of scientific research.

Dec 01, 2015 08:01 AM EST


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