Articles by Staff Writer

2311-2340 (out of 3726)

Facebook announced 360-degree video support

Facebook introduces its support for a 360-degree video. Through the feature, users could swipe their phones on their desired angle and watch videos in different views.

Sep 27, 2015 9:45 PM EDT


Pope urges US to act on climate change now

Pope Francis urges the United States to join a global campaign against climate change, making clear his position that global warming is moral issue that needs immediate action. The pope made the call during a welcoming ceremony at the White House, his first public engagement of his 6-day trip to the world's richest nation.

Sep 27, 2015 9:38 PM EDT


Netflix is now available for Oculus, Hulu coming soon

Netflix had released an app that allow users to experience its show in the virtual reality device, Oculus Rift and the new Samsung Gear VR. The online streaming provider had set a special environment for users to watch the show. Hulu is expected to provide similar app in the future as the company had also been working closely with the virtual reality company.

Sep 27, 2015 9:10 PM EDT


LG New Smartphone Comes With Dual-Screen and Cameras

LG will unveil new smartphone the LG V10 in October. The company had released a teaser on YouTube giving viewers a glimpse of the latest feature that can be expected on the new smartphone.

Sep 27, 2015 9:06 PM EDT


Toshiba to offload stakes in white goods biz to Skyworth

After feeling the heat of $1.3billion accounting scandal, Toshiba has undertaken restructuring plan to overhaul its operations including overseas network. Toshiba is selling five percent stake each in two whitegoods units to Chinese firm Skyworth Digital Holdings. Toshiba has convened an EGM on 30 September to discusson on future plan.

Sep 27, 2015 9:02 PM EDT


Split in hedge funds group over Puerto Rico's restructuring plan

The group of hedge funds seems to be slitiing off over the restructuring plan for the ailing Puerto Rico economy. Recently the Islan's governor Alejandro Garcia Padilla said that debts were unsustainable. Since then difference of opinion has started widening further among the members. On the other hand, there's increasing voice against the participation of Antonio Weiss in the restructuring talks as it leads to conflict of interest.

Sep 27, 2015 8:57 PM EDT


US home sales rise in August, Q3 forecasts in tact

New home sales were up in August, while business investment eased in August. The latest data for August indicates that US economy is not disturbed much with ongoing slugishness in the global economy. It's estimated that earlier forecast on US GDP growth rate of 1.4 percent is possible for the third quarter.

Sep 27, 2015 8:53 PM EDT


Sprint is offering iPhone 6S at $1 per Month

Sprint mobile carrier is now offering the lowest price for the new iPhone 6 at $1 per month. The new offer comes few days after T-Mobile started the price war when it is offering the new iPhone 6S at $5 per month.

Sep 27, 2015 8:48 PM EDT


Goldman Sachs leaves rivals far behind in M&A race

Goldman Sachs achieved a robust year of performance in mergers and aquisitions (M&As) space this year so far leaving its rivals far behind in terms of revenues and fees. Goldman Sachs earned a market share of 12.3 percent in M&A space globally, while JPMorgan and Morgan Stanley were left with market shares of 8.1 percent and 7.7 percent respectively.

Sep 27, 2015 8:44 PM EDT


Second Interest Rate cut for Norway

Norway's Central Bank, the Norges Bank announced that it is cutting the country's interest rate to o.75 percent today. This is the second rate cut for this year and the third in 10 months. The rate cut signals a weakening economy in the country's key sector.

Sep 27, 2015 8:39 PM EDT


Final meeting for Trans-Pacific Partnership (TPP) will be held next week

Washington is planning to wrap up the TPP agreement in a meeting in Atlanta next week. Few issues will be resolved during the meeting such as for automotive industry, dairy products, and biological drugs.

Sep 25, 2015 8:05 AM EDT


US Fed Chair Janet Yellen hints at rate hike in 2015

The US Federal Reserve Chair Janet Yellen said she expects interest rate hike this year. The improvement in labor market is the prime reason that give much comforatble level for Fed to take a decision on raising rates. She also expressed her hope that inflation rate will reach to the government's target. the uncertainty over interest rates is causing weakness in the financial markets, she said.

Sep 25, 2015 7:36 AM EDT


Motorola Solutions pruning costs to enhance profit

US-based telecom equipment provider Motorola Solutions is keen on cost cutting drive to enhance profitability of the company. The pressure on sales and market competition are impacting the company's performance. The continuous drop in gross margins is worrying the comapny.

Sep 24, 2015 9:25 PM EDT


Apple just released iOS 9.0.1 to fix the "Slide to Upgrade" bug

Apple just released a major update for its latest iOS 9 today, a week after around half of its users failed to update their devices due to a major bug problem. The update will fix not only "Slide to Upgrade" issue but also other problems reported by users that have been using the latest iOS.

Sep 24, 2015 9:18 PM EDT


Alexis Tsipras retains economic government to battle crisis

Greek Prime Minister Alexis Tsipras appoints the same people for his new economic team that would handle the biggest modern world crisis.

Sep 24, 2015 9:08 PM EDT


Top Crowdfunding Sites For Entrepreneurs Looking to Make their Startups and Projects Come to Life

Crowdfunding is the next wave of raising money to make startups and projects come true for entrepreneurs and Forbes gives a list of the top crowdfunding sites out there.

Sep 24, 2015 8:54 PM EDT


Flat trading is not bad, stay invested

When the market is flat, investors need to bepatient until it gets momentum upwards, advise investment managers. Majority of investors turn panic when markets are nosediving and offload their stocks at worst price. Some investors tend to just be spectators of the market rise. They don't take any action missing the profit booking opportunity.

Sep 24, 2015 8:47 PM EDT


Smartest ways to budget baby spending for new parents

Having a baby is very expensive and it would be wise to get the smartest tips on how to navigate your way through budgeting for your spending as a new parent.

Sep 24, 2015 8:41 PM EDT


20 Active Job Listings with as much as 10 Percent Pay Raises Over the Year

Job and career website Glassdoor reported 20 active job listings that have undergone 3 to 10 percent salary increase from 2014 to 2015.

Sep 24, 2015 8:37 PM EDT


Facebook to Make Money from Messenger

Facebook may monetize how customers connect with businesses through its new Messenger app. Facebook's new Messenger app has made it easier for businesses to have an organic connection with their customers, which could yet be another way for the giant social media platform to earn money.

Sep 24, 2015 8:42 AM EDT


Instagram reached 400 million users with 80 million photos shared every day

Instagram had reached 400 million users with 80 million shared photos a day. The Facebook-owned company announced it on Tuesday.

Sep 24, 2015 8:21 AM EDT


5.6 Million U.S Federal Officers' Fingerprints were Stolen

OPM changes its statement saying that some 5.6 million fingerprints were stolen by hackers when they attack the agency last spring instead of 1.1 million. The stolen data involved U.S government officials including from Defense Department.

Sep 24, 2015 8:12 AM EDT


Indian market regulator slaps $1.1B fine on PACL Ltd

The Securities and Exchange Board of India (Sebi) has imposed a hefty penalty of $1.1B on real estate firm PACL Ltd for illegally raising money from the public- the highest fine on any company so far. The New Delhi-based real estate firm has to complete the payment of fine within 45 days.

Sep 24, 2015 8:03 AM EDT


Zscaler raises $25mn from Google Capital to close $110-mn round

California-based cloud security firm Zscaler has closed $110-mn round of financing. It recently secured $25mn from Google Capital. After the latest round of financing, the estimated value of the company is pegged at $1bn. Zscaler is planning to public soon.

Sep 24, 2015 7:48 AM EDT


Winterkorn resigns as Volkswagen CEO

Martin Winterkorn's contract as VW CEO extends until 2018 as agreed upon by the VW's supervisory board despite the controversial emissions scandal. This Friday was the scheduled formal approval.

Sep 24, 2015 7:41 AM EDT


Volkswagen CEO steps down; US may slap $18B penalty

The latest scandal of Volkswagen in rigging emission norms results is rocking the Germany business and political factors. Volkswagen has taken up crisis management measures and its CEO Martin resigned and many more to follow the suit. The US environment protection agency may slap a hefty fine of $18bn on Volkswagen if its role in manipulating emission results is proved.

Sep 24, 2015 3:18 AM EDT


Boeing factory will soon land in China

A new Boeing factory will be opened soon in Zhoushan, China for its 737 jetliners. The submitted proposal still needs approval of the State Council as well as the China's cabinet to have the country do the painting of airline company's top-grossing jetliners.

Sep 24, 2015 2:38 AM EDT


The nice ones will be rewarded - in business

Plus-size retail store Ashley Stewart’s new CEO James Rhee proves that kindness can bring a company to success.

Sep 24, 2015 2:36 AM EDT


Google's Alphabet aims to disrupt health care industry; opens space for tech startups

Alphabet/Google has set its eyes on the health care industry with goals to create technological advancements and innovations to improve the human health.

Sep 24, 2015 2:25 AM EDT


Leonardo DiCaprio fights global warming by divesting from fossil fuel industries

Leonardo DiCaprio along with 2,000 other individuals and 400 institutions pledged to divest their fossil fuel holdings in a move to reduce climate change.

Sep 24, 2015 2:20 AM EDT


Real Time Analytics