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Rising Trade Tensions Threaten Asia's Economic Growth And Global Supply Chains 11/19/2024

ECB Sounds Alarm On AI Stock Bubble: A Looming Threat To Financial Stability 11/21/2024

U.S. Telecom Hack Exposes Major Security Vulnerabilities In Global Telecom Infrastructure 11/22/2024

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Business & Finance

Asia surpassed North America in fintech investments

Asian fintech sector for the first time surpassed the North American in terms of attracting investment. Asian companies, of which 90% were Chinese, attracted nearly $ 10 billion during seven months, while North American companies made just half of the sum. During seven months of 2016, Asian fintech...

Samsung’s Third Tizen OS Smartphone to Hit Indian Smartphone Market this Month

The third smartphone powered by Samsung Electronics Co Ltd’s own Tizen mobile operating system would become available in the markets in India next week, the South Korean tech giant said on Tuesday. The Z2 phone will be the cheapest Tizen phone Samsung has launched to date at 4,590 rupees...

Amazon To Introduce Music Subscription Services With A Monthly Charge Of ‘$5’

Recode breaks the news, quoting sources, about Amazon’s next musical venture. The company of Amazon.com Inc is busy developing a “music subscription service” that would be available at a monthly rate of “$5”, while the same would “only work on its Echo hardware”. The said information was reported...

Pfizer buys Medivation for $ 14 billion

American pharmaceutical company Pfizer Inc. is going to buy biotech company Medivation Inc., specializes in development of anti-cancer drugs, for $ 14 billion. Pfizer will pay $ 81.50 in cash per Medivation’s share, Pfizer announced in its report. This is 21% higher than cost of Medivation shares...

Enterprise to the Space Station Sought to be Brought by NASA

The International Space Station might be ready for business after 15 years of serving as a pure research lab. Taking another, tentative step in U.S. efforts to create a marketplace in space, NASA is soliciting ideas from private enterprise on ways to use the...

Customers Need Not Worry Anymore About Data Overage Charges

AT&T introduces new cell phone data plans. Malathi Nayak reports to Reuters that AT&T Inc has announced that the company will be launching a “new data plan”. The said plan will get rid of “overage fees” besides bring down “data speeds for wireless customers” who over shoot their data allowance...

Business Boom and Lifestyle Changes Result from PokemonGo’s Release in Asia

To overcome the hurdle posed by patchy network signals in their race to capture virtual cartoon characters, Asian fans of smartphone game Pokemon Go are hunting out the best telecom providers and network gear. Lifestyle changes for many gamers is also being driven, who must trudge through...

The First Post-Brexit Jobs Data of UK is a Big Surprise

The benefit claimant figures actually fell in the UK following the country's decision to leave the European Union and this bit of fresh jobs data in the country has managed to surprise market analysts when they were released very recently. The number of people claiming out of work benefits...

Spotting Difference in Diamonds Crucial to De Beers’ Reputation

A diamond can be grown in days in a laboratory while one in nature takes billions of years to produce. For De Beers, the holder of a roughly 30 percent share of the market for genuine rough diamonds, protecting its reputation as the world's leading diamond firm by value is fundamentally...

Rio 2016 sponsors scaled back their marketing activities

Promotional activity of large companies, which have traditionally been Olympic sponsors, is barely visible at the Olympic Games in Rio de Janeiro. There are no buses, painted in the colors of famous brands, on the streets, and advertising posters and promotions are lost in the multicolored...