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Tesla Shares Drop Following Consumer Reports Recommendation

Oct 21, 2015 17:07 pm UTC| Business Technology

The Street said shares of the beloved automobile Tesla Motors dropped 1.2 percent on Wednesday morning to USD210.51 on Wednesday. The price drop was noted following Consumer Reports move to remove its recommendation for...

Angry Birds Developer Rovio Layoffs 213 Employees

Oct 21, 2015 17:03 pm UTC| Technology Business

Rovio Entertainment Ltd., the Finland-based creator of the smash hit mobile app game Angry Birds, announced on Wednesday that they decided to dismiss up to 213 jobs after the end of their negotiations with employees last...

All Eyes On Nike's Self-Lacing Shoes

Oct 21, 2015 12:21 pm UTC| Business

Two questions Do you like sneakers? Do you like Back to the Future? If the answer to both of these questions is positive, then here is exciting news: Nike has teased fans with Tweet sent directly to Back to the Future...

Ferrari Goes Public, Raises Close To USD900 Million in IPO

Oct 21, 2015 02:46 am UTC| Business

Fiat Chrysler Automobiles NV unit Ferrari went public on late Tuesday, earning a market valuation of about USD900 million ahead of trading on the New York Stock Exchange on Wednesday, Detroit News said. The Ferrari...

Square Fast-Tracks IPO With Hiring of Ex-Yahoo Exec

Oct 19, 2015 20:50 pm UTC| Business

Does Marissa Meyer know? Multiple reports have said that Jacqueline Reses, the chief development officer of Yahoo, has been hired by Jack Dorseys Square Inc to head it s business financing division, Square Capital....

Oprah Winfrey Buys Weight Watchers Stake for USD43 Million

Oct 19, 2015 20:49 pm UTC| Business

Someone has put a lot of faith in Weight Watchers. Media mogul Oprah Winfrey reportedly bought a 10 percent stake in the dieting company. Reuters said that the Oprah Winfrey Network (OWN) CEO bought 6.4 million of...

Apple accelerates iOS 9.1 beta releases

Oct 14, 2015 12:07 pm UTC| Technology Business

Apple has released iOS 9.1 beta 5 on Monday for iPhone, iPad, and iPod touch with build 13B139, 13B137. As always the Cupertino company warned users that devices updated to iOS 9.1 cannot be restored to earlier versions of...

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Economy

Rupee Marginally Weaker Amid Dollar Demand and RBI Intervention

The Indian rupee edged lower on Friday, trading at 86.5850 against the U.S. dollar by 09:55 a.m. IST, compared to its previous close of 86.55. The slight dip was driven by heightened dollar demand due to the maturity of...

China's Economic Resurgence: Strong Growth Signals a Bright Future Ahead

The Chinese economy had fared even better than its forecast of 5.0% at the same quarter last year with the report of an annualized increase of 5.4% in the fourth quarter of 2024. The increase came in contrast with previous...

Bull Market Optimism Persists Amid Historical Trends and Economic Growth

As the bull market enters its third year, the Sevens Report remains optimistic despite concerns over stretched valuations and geopolitical risks. The report cites factors such as robust economic growth, pro-growth policies...

Wall Street Slips as Apple Drags Tech Amid Mixed Economic Data

The SP 500 dipped Thursday as banking sector strength was overshadowed by a tech slump led by Apple. At market close, the Dow fell 0.2%, the SP 500 dropped 0.2%, and the NASDAQ slid 0.9%. Apple shares tumbled 4% after...

UK Economy Sees Marginal Growth Amid Tax Hikes and Business Caution

The UK economy showed a modest rebound in November, with GDP increasing by 0.1% from October, according to the Office for National Statistics (ONS). This marks the first monthly growth since August, falling short of...

Politics

Orban Urges EU to End Sanctions Against Russia Amid Political Shift

Hungarian Prime Minister Viktor Orban has called on the European Union to lift its sanctions on Russia, coinciding with the upcoming U.S. administration under Donald Trump, which he believes signals a new era. Speaking on...

Trump's Inauguration Ushers in a Transformative Era for Cryptocurrency

President-elect Donald Trumps administration, featuring several pro-crypto appointees, is expected to influence U.S. policy on emerging technologies. The crypto industry, which has long faced regulatory challenges, hopes...

South Korean Authorities Seek to Prolong President Yoon's Detention Amid Crisis

South Koreas anti-corruption agency is seeking to extend President Yoon Suk Yeols detention as he faces allegations of insurrection tied to his brief imposition of martial law on December 3. Yoon, the first sitting...

Democratic AGs Fight to Defend Biden Policies Amid Trump’s Return

Democratic attorneys general from over a dozen states, including California, New Jersey, and Michigan, have launched legal efforts to protect Biden administration policies on immigration, the environment, and gun control...

Denmark PM Responds to Trump’s Greenland Remarks Amid Geopolitical Tensions

Denmarks Prime Minister Mette Frederiksen has called for a meeting with the nations business leaders after U.S. President-elect Donald Trump suggested possible military or economic action, including tariffs, to gain...

Science

Double Moonshot: Japan’s ispace and Firefly Launch Lunar Missions

In a significant stride for lunar exploration, Japanese company ispace and U.S.-based Firefly Aerospace launched moon landers aboard a SpaceX rocket from Florida. This rare double mission highlights the growing competition...

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

From dead galaxies to mysterious red dots, here’s what the James Webb telescope has found in just 3 years

On this day three years ago, we witnessed the nail-biting launch of the James Webb Space Telescope (JWST), the largest and most powerful telescope humans have ever sent into space. It took 30 years to build, but in three...

Technology

SpaceX Starship Breaks Apart After Launch, Disrupting Air Traffic

A SpaceX Starship rocket broke apart minutes after launching from Texas, disrupting airline flights over the Gulf of Mexico due to falling debris. The rocket, carrying its first test payload of mock satellites, lost...

TSMC Faces Challenges in Bringing Advanced Chipmaking to U.S.

Taiwan Semiconductor Manufacturing Co. (TSMC) is encountering significant hurdles in its effort to bring advanced chip production to its new $65 billion Arizona facilities. CEO C.C. Wei highlighted that compliance issues,...

Nintendo Unveils Switch 2 Console, Launch Expected This Year

Nintendo has announced the release of the highly anticipated Switch 2 console, a successor to its popular hybrid home-portable gaming device. The Kyoto-based company revealed plans to provide more details, including...

SpaceX Starship Rocket Breaks Apart Mid-Flight, Disrupting Air Traffic

A SpaceX Starship rocket disintegrated minutes after launching from Texas on Thursday, disrupting Gulf of Mexico air traffic and dealing a setback to Elon Musks flagship space program. The upgraded Starship, carrying mock...

FBI Warns of Massive AT&T Breach Impacting Agents' Data

The FBI has raised concerns over a significant data breach of ATTs (NYSE:T) systems last year, potentially exposing months of agents call and text logs. The breach, disclosed by Bloomberg News, compromised FBI devices...